SlideShare a Scribd company logo
1 of 15
Download to read offline
The Competitor’s Checklist:
4 eDiscovery features that will secure
an advantage for your legal team.
www.altlaw.co.uk
The right eDiscovery solution will empower you to work more accurately, efficiently,
and with minimal scope for business risk.
Unfortunately, not all eDiscovery tools are made equal, and an investment in anything
lacklustre will usually create more problems than it solves.
Make the right investment decision with this checklist of essential eDiscovery features
for legal teams looking to secure a competitive advantage.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist:
4 eDiscovery features that will secure
an advantage for your legal team
According to Gartner, only 19% of in-house legal teams are
in a position to support enterprise-level digital capabilities.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist
www.altlaw.co.uk
While this doesn’t paint the legal sector in a great light, it does mean
that, with as little as the right knowledge and tools, legal teams can
secure a competitive edge with relative ease.
The Competitor’s Checklist
www.altlaw.co.uk
The right suite of eDiscovery tools will enable you to get far more out
of what you put in, allowing your team to work more…
Accurately
Effectively
Efficiently
 And with dramatically reduced scope for error
and wider business risk.
The Competitor’s Checklist
www.altlaw.co.uk
Ultimately, the right eDiscovery solution will allow you to make your
resources work harder, allowing you more freedom to outperform
your competitors, win (and complete) more work, and strive for higher
levels of client satisfaction.
The Competitor’s Checklist
www.altlaw.co.uk
We’ve collated this checklist to give you a quick round-up of
the 4 essential features your eDiscovery solutions need to secure
a competitive advantage for your team.
The Competitor’s Checklist
Item #1: TAR 2.0
TAR (Technology Assisted Review) essentially automates
your document review process by exclusively retrieving
relevant documents from vast volumes of case data,
eliminating the need for your team to manually sift
through reams of documents.
Not only does this deliver incredible efficiency savings
for obvious reasons, it can also help firms save further
potential expenditures and business risks down the line
by dramatically reducing the chances of overcollection or
undercollection.
However, many discovery teams and legal firms are
still using an outdated iteration of TAR, which carries
limitations in terms of the accuracy and efficiency it
can offer.
While TAR 1.0 will reduce the resource required for review,
it still requires a professional to train the system and set
up its processes, which can lead to reduced accuracy, and
unexpected delays on discovery times.
TAR 2.0 however, delivers all automation of its predecessor
only with vastly superior efficiency and accuracy benefits,
thanks to its machine learning and AI capabilities. Its
algorithms also work to bring relevant information to
the fore even quicker, ultimately allowing you to find the
documents you need in the fastest time possible, at the
lowest cost.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist
Item #1: TAR 2.0
Benefits
• Automation of eDiscovery avoids draining your team’s time, energy and focus
• AI enables you to find the relevant information you need with maximum efficiency and minimal cost, meaning
you can deliver a value-added service
• Significantly reduced chance of overcollection or undercollection allows you to control costs, be more accurate
with quotes, and consistently manage client expectations.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist
Item #2: Secure, cloud-based collaboration
While the battle between on-premise and cloud-based
eDiscovery software is still a hotly debated topic, one
irrefutable benefit offered by cloud-based technologies is
their ability to allow different teams to collaborate across
devices and geographical locations.
Far too many teams still get held up waiting for sign off
and approval decisions to be made, leading to those all-too
familiar sinkholes in time (and of course, money). When
the key decisionmakers in litigation review tend to be
constantly working on the move, why would you settle
for a stationary eDiscovery solution?
With eDiscovery tools now moving further into the
territory of the cloud and mobile apps, you can overcome
those common productivity roadblocks by empowering
your team to access your dashboards and work together
on the go – anytime, anywhere.
But with the ability to make case data and documents
more readily available to external third parties will of
course come concerns about whether this also presents an
inherent security risk.
Legal teams have long been reluctant to trust the control
of their sensitive data to cloud-based platforms, and while
there is unfortunately still a sector-wide misconception
that on-premise is the vastly more secure option, the
security drawbacks of cloud-based eDiscovery’s earlier
iterations have long-since been addressed by most leading
software providers, thanks to some hefty investment.
When you are shopping around for a solution though,
be sure that your eDiscovery software provider employs
robust cybersecurity protocols, such as multi-factor
authentication, 24/7 threat intel to monitor unusual activity,
high standards of data encryption, regular updates to your
security environment based on thorough penetration
testing, and customisable user permissions.
Keep certificates, keys and passwords on frequent rotation
and assign access privileges on a need-to-know basis, and
you can trust that the sensitive data of you and your clients
remains agile and accessible, but above all, safe.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist
Item #2: Secure, cloud-based collaboration
• Maximises efficiency of data and document assessment during discovery and collection
• Greater accessibility can encourage decision-makers to be more proactive and confident in their participation
• Generally allows for reduced obstructions to productivity and smoother operational workflow from end to end
• Retain high productivity and agile working practices without compromising on watertight data security practices.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist
Item #3: Language ID and translation capabilities
Issues with language identification and translation
are another common source of bottlenecks which can
drastically slow down the discovery process – they can
also prove quite the regulatory minefield, and another
unforeseen drain on expenses.
Many eDiscovery tools now come with machine learning
capabilities that can automatically detect the language (or
languages) of a given document on the fly, with as little as
the click of a button.
It is unlikely you will be able to completely remove the
need to invest in translators and linguists for cross-border
litigation cases, but more advanced language tools will
certainly allow you to control costs and ensure your
investment is as focused and effective as possible.
When looking to work with an eDiscovery provider
offering language ID and translation, shoot for one with
a domestically-based translation team of native speakers
who have substantial experience in legal translation.
Vendors that rely on machine translation or on members
of their teams based elsewhere in the world can present
serious limitations with regards to accuracy and efficiency.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist
Item #3: Language ID and translation capabilities
Benefits
• Identify batch documents by language so they can be sent to foreign language reviewers efficiently
• Lays the groundwork for the rest of your review workflow
• Mitigated risk of missing language translation deadlines of requirements, or falling foul of other regulatory pitfalls.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist Item #4:
Holistic, responsive support
This one isn’t a software feature, but for any legal team
looking to gain a competitive edge, having round-the-
clock project and technical support is invaluable, whether
it comes in the form of on-site assistance or technical
advice via an instant chat service.
By functioning as an extension of your existing team,
eDiscovery support can lower the risk, expense and
internal resources required to perform in-house
eDiscovery, freeing up time and space and enabling your
team to focus on doing what they do best.
The key thing to look for in a worthy eDiscovery provider
is a well-rounded knowledge of eDiscovery project
management and the litigation process as a whole.
Working with a team that has a very specific but narrow
knowledge of eDiscovery on its own will usually lead to you
getting banded from one team to another just to get the
help you need.
The best eDiscovery support will assign one person or
team to support you through the whole process from end
to end. eDiscovery support should also be flexible and
scalable, able to adapt and grow in relation to the situation
at hand, rather than a fixed service – be sure to read the
fine print on this one if you want to avoid being at the
mercy of steep pricing surges at a time of desperate need.
The Competitor’s Checklist
www.altlaw.co.uk
The Competitor’s Checklist
Item #4: Holistic, responsive support
Benefits
• Reduce delays in operational processes and minimise productivity downtime
• Seamless, holistic project assistance throughout the litigation process
• Frees up time and internal resource to focus on what they do best.
The Competitor’s Checklist
www.altlaw.co.uk
Now you’ve got the cutting edge tools to put yourself head and shoulders above your competitors,
it’s time to prime your organisation for growth.
Find out more in our next piece, Doing Digital Justice: How Partners can drive a growth agenda
with the right eDiscovery service provider.

More Related Content

What's hot

Embedded Decision Analysis: Systems Design Patterns
Embedded Decision Analysis: Systems Design PatternsEmbedded Decision Analysis: Systems Design Patterns
Embedded Decision Analysis: Systems Design PatternsSmartOrg
 
Incident response on a shoestring budget
Incident response on a shoestring budgetIncident response on a shoestring budget
Incident response on a shoestring budgetDerek Banks
 
Embedded DA vs Consultative DA: Audience Workshop
Embedded DA vs Consultative DA: Audience WorkshopEmbedded DA vs Consultative DA: Audience Workshop
Embedded DA vs Consultative DA: Audience WorkshopSmartOrg
 
Detecon Trend Radar
Detecon Trend RadarDetecon Trend Radar
Detecon Trend RadarJING LI
 
Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...
Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...
Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...Dana Gardner
 
Kythera BioPharma Commercial Infrastructure 2015 05 28 final
Kythera BioPharma Commercial Infrastructure 2015 05 28 finalKythera BioPharma Commercial Infrastructure 2015 05 28 final
Kythera BioPharma Commercial Infrastructure 2015 05 28 finalMichael W. Hughes
 
The new dominant companies are running on data
The new dominant companies are running on data The new dominant companies are running on data
The new dominant companies are running on data SnapLogic
 
Fit For Purpose: Preventing a Big Data Letdown
Fit For Purpose: Preventing a Big Data LetdownFit For Purpose: Preventing a Big Data Letdown
Fit For Purpose: Preventing a Big Data LetdownInside Analysis
 
Big Data LDN 2017: The New Dominant Companies Are Running on Data
Big Data LDN 2017: The New Dominant Companies Are Running on DataBig Data LDN 2017: The New Dominant Companies Are Running on Data
Big Data LDN 2017: The New Dominant Companies Are Running on DataMatt Stubbs
 
Detecon Cyber Security Radar
Detecon Cyber Security RadarDetecon Cyber Security Radar
Detecon Cyber Security RadarDaniel Steinfeld
 
Process improvement scrum_agile_v2_by_david_mann
Process improvement scrum_agile_v2_by_david_mannProcess improvement scrum_agile_v2_by_david_mann
Process improvement scrum_agile_v2_by_david_mannJim Sutter
 
Successful Data Center Transformation Must Include Proper Handling of Data Ce...
Successful Data Center Transformation Must Include Proper Handling of Data Ce...Successful Data Center Transformation Must Include Proper Handling of Data Ce...
Successful Data Center Transformation Must Include Proper Handling of Data Ce...Dana Gardner
 
Innov8ion in enterprise content management
Innov8ion in enterprise content managementInnov8ion in enterprise content management
Innov8ion in enterprise content managementJill Nehrybecki
 
Data Loss Prevention in SharePoint 2016 Webinar with Crow Canyon
Data Loss Prevention in SharePoint 2016 Webinar with Crow CanyonData Loss Prevention in SharePoint 2016 Webinar with Crow Canyon
Data Loss Prevention in SharePoint 2016 Webinar with Crow CanyonVlad Catrinescu
 
Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...
Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...
Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...Cartegraph
 
Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...
Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...
Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...Net at Work
 
BIO-IT Brochure
BIO-IT Brochure BIO-IT Brochure
BIO-IT Brochure ArleneEMC
 
Framing Patterns
Framing PatternsFraming Patterns
Framing PatternsSmartOrg
 
William Diederich - Security Certifications: Are They Worth the Investment? A...
William Diederich - Security Certifications: Are They Worth the Investment? A...William Diederich - Security Certifications: Are They Worth the Investment? A...
William Diederich - Security Certifications: Are They Worth the Investment? A...centralohioissa
 

What's hot (20)

Embedded Decision Analysis: Systems Design Patterns
Embedded Decision Analysis: Systems Design PatternsEmbedded Decision Analysis: Systems Design Patterns
Embedded Decision Analysis: Systems Design Patterns
 
Incident response on a shoestring budget
Incident response on a shoestring budgetIncident response on a shoestring budget
Incident response on a shoestring budget
 
Embedded DA vs Consultative DA: Audience Workshop
Embedded DA vs Consultative DA: Audience WorkshopEmbedded DA vs Consultative DA: Audience Workshop
Embedded DA vs Consultative DA: Audience Workshop
 
Detecon Trend Radar
Detecon Trend RadarDetecon Trend Radar
Detecon Trend Radar
 
Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...
Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...
Big Data Meets HCI—How South African Insurance Provider King Price Gives Deve...
 
Kythera BioPharma Commercial Infrastructure 2015 05 28 final
Kythera BioPharma Commercial Infrastructure 2015 05 28 finalKythera BioPharma Commercial Infrastructure 2015 05 28 final
Kythera BioPharma Commercial Infrastructure 2015 05 28 final
 
The new dominant companies are running on data
The new dominant companies are running on data The new dominant companies are running on data
The new dominant companies are running on data
 
Fit For Purpose: Preventing a Big Data Letdown
Fit For Purpose: Preventing a Big Data LetdownFit For Purpose: Preventing a Big Data Letdown
Fit For Purpose: Preventing a Big Data Letdown
 
Big Data LDN 2017: The New Dominant Companies Are Running on Data
Big Data LDN 2017: The New Dominant Companies Are Running on DataBig Data LDN 2017: The New Dominant Companies Are Running on Data
Big Data LDN 2017: The New Dominant Companies Are Running on Data
 
Detecon Cyber Security Radar
Detecon Cyber Security RadarDetecon Cyber Security Radar
Detecon Cyber Security Radar
 
AJC Brochure
AJC BrochureAJC Brochure
AJC Brochure
 
Process improvement scrum_agile_v2_by_david_mann
Process improvement scrum_agile_v2_by_david_mannProcess improvement scrum_agile_v2_by_david_mann
Process improvement scrum_agile_v2_by_david_mann
 
Successful Data Center Transformation Must Include Proper Handling of Data Ce...
Successful Data Center Transformation Must Include Proper Handling of Data Ce...Successful Data Center Transformation Must Include Proper Handling of Data Ce...
Successful Data Center Transformation Must Include Proper Handling of Data Ce...
 
Innov8ion in enterprise content management
Innov8ion in enterprise content managementInnov8ion in enterprise content management
Innov8ion in enterprise content management
 
Data Loss Prevention in SharePoint 2016 Webinar with Crow Canyon
Data Loss Prevention in SharePoint 2016 Webinar with Crow CanyonData Loss Prevention in SharePoint 2016 Webinar with Crow Canyon
Data Loss Prevention in SharePoint 2016 Webinar with Crow Canyon
 
Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...
Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...
Loras College 2014 Business Analytics Symposium | Aaron Lanzen: Creating Busi...
 
Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...
Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...
Information Security Risks - What You Can Do To Help Your Clients Avoid Costl...
 
BIO-IT Brochure
BIO-IT Brochure BIO-IT Brochure
BIO-IT Brochure
 
Framing Patterns
Framing PatternsFraming Patterns
Framing Patterns
 
William Diederich - Security Certifications: Are They Worth the Investment? A...
William Diederich - Security Certifications: Are They Worth the Investment? A...William Diederich - Security Certifications: Are They Worth the Investment? A...
William Diederich - Security Certifications: Are They Worth the Investment? A...
 

Similar to Altlaw competitors checklist

Why Choose the Nalpeiron Licensing Service vs. Building Your Own
Why Choose the Nalpeiron Licensing Service vs. Building Your OwnWhy Choose the Nalpeiron Licensing Service vs. Building Your Own
Why Choose the Nalpeiron Licensing Service vs. Building Your OwnJon Gillespie-Brown
 
THE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICES
THE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICESTHE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICES
THE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICESColin Greenlaw
 
Auditing in the Cloud
Auditing in the CloudAuditing in the Cloud
Auditing in the Cloudtcarrucan
 
Nevigating Sucess.pdf
Nevigating Sucess.pdfNevigating Sucess.pdf
Nevigating Sucess.pdfTEWMAGAZINE
 
Inside Counsel White Paper
Inside Counsel White PaperInside Counsel White Paper
Inside Counsel White Paperlarrylieb
 
Outsourcing product development introduction
Outsourcing product development introductionOutsourcing product development introduction
Outsourcing product development introductionsuryauk
 
Intro 2
Intro 2Intro 2
Intro 2Anu j
 
Improving Speed to Market in E-commerce
Improving Speed to Market in E-commerceImproving Speed to Market in E-commerce
Improving Speed to Market in E-commerceCognizant
 
WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...
WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...
WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...Chris Takacs
 
LOP-Module 6 Law Office Automation.pdf
LOP-Module 6 Law Office Automation.pdfLOP-Module 6 Law Office Automation.pdf
LOP-Module 6 Law Office Automation.pdfdomingomiamickaelas
 
Red hat reliable-messaging-solutions-retail-10620267
Red hat reliable-messaging-solutions-retail-10620267Red hat reliable-messaging-solutions-retail-10620267
Red hat reliable-messaging-solutions-retail-10620267Vikas Grover
 
21 cfr part 11 compliance for software validation and saa s
21 cfr part 11 compliance for software validation and saa s21 cfr part 11 compliance for software validation and saa s
21 cfr part 11 compliance for software validation and saa sGlobalCompliancePanel
 
Understanding the Benefits of eSourcing
Understanding the Benefits of eSourcingUnderstanding the Benefits of eSourcing
Understanding the Benefits of eSourcingEC Sourcing Group
 
Considerations When Building e-Discovery
Considerations When Building e-Discovery Considerations When Building e-Discovery
Considerations When Building e-Discovery David Kearney
 
7 reasons to select the right it outsourcing partner for your business
7 reasons to select the right it outsourcing partner for your business7 reasons to select the right it outsourcing partner for your business
7 reasons to select the right it outsourcing partner for your businessWorld Web Technology Pvt Ltd
 
Finding the right legal process management tools
Finding the right legal process management toolsFinding the right legal process management tools
Finding the right legal process management toolssarahbrown1
 

Similar to Altlaw competitors checklist (20)

Why Choose the Nalpeiron Licensing Service vs. Building Your Own
Why Choose the Nalpeiron Licensing Service vs. Building Your OwnWhy Choose the Nalpeiron Licensing Service vs. Building Your Own
Why Choose the Nalpeiron Licensing Service vs. Building Your Own
 
THE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICES
THE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICESTHE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICES
THE IMPORTANCE OF OUTSOURCING DATA ENTRY SERVICES
 
Auditing in the Cloud
Auditing in the CloudAuditing in the Cloud
Auditing in the Cloud
 
NG-Brochure
NG-BrochureNG-Brochure
NG-Brochure
 
Nevigating Sucess.pdf
Nevigating Sucess.pdfNevigating Sucess.pdf
Nevigating Sucess.pdf
 
Inside Counsel White Paper
Inside Counsel White PaperInside Counsel White Paper
Inside Counsel White Paper
 
Outsourcing product development introduction
Outsourcing product development introductionOutsourcing product development introduction
Outsourcing product development introduction
 
Intro 2
Intro 2Intro 2
Intro 2
 
Improving Speed to Market in E-commerce
Improving Speed to Market in E-commerceImproving Speed to Market in E-commerce
Improving Speed to Market in E-commerce
 
Protect Your Firm: Knowledge, Process, Policy and Action
Protect Your Firm: Knowledge, Process, Policy and ActionProtect Your Firm: Knowledge, Process, Policy and Action
Protect Your Firm: Knowledge, Process, Policy and Action
 
WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...
WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...
WhitePaper-BuyersGuidePatentSearchAnalysisSoftware-AdvancedAnalysis-Corporate...
 
LOP-Module 6 Law Office Automation.pdf
LOP-Module 6 Law Office Automation.pdfLOP-Module 6 Law Office Automation.pdf
LOP-Module 6 Law Office Automation.pdf
 
Red hat reliable-messaging-solutions-retail-10620267
Red hat reliable-messaging-solutions-retail-10620267Red hat reliable-messaging-solutions-retail-10620267
Red hat reliable-messaging-solutions-retail-10620267
 
21 cfr part 11 compliance for software validation and saa s
21 cfr part 11 compliance for software validation and saa s21 cfr part 11 compliance for software validation and saa s
21 cfr part 11 compliance for software validation and saa s
 
Understanding the Benefits of eSourcing
Understanding the Benefits of eSourcingUnderstanding the Benefits of eSourcing
Understanding the Benefits of eSourcing
 
Electronic Data Discovery
Electronic Data DiscoveryElectronic Data Discovery
Electronic Data Discovery
 
Considerations When Building e-Discovery
Considerations When Building e-Discovery Considerations When Building e-Discovery
Considerations When Building e-Discovery
 
ILTA 2014: LexisNexis Software Company Update
ILTA 2014:  LexisNexis Software Company UpdateILTA 2014:  LexisNexis Software Company Update
ILTA 2014: LexisNexis Software Company Update
 
7 reasons to select the right it outsourcing partner for your business
7 reasons to select the right it outsourcing partner for your business7 reasons to select the right it outsourcing partner for your business
7 reasons to select the right it outsourcing partner for your business
 
Finding the right legal process management tools
Finding the right legal process management toolsFinding the right legal process management tools
Finding the right legal process management tools
 

Recently uploaded

Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...
Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...
Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...SHRADDHA PANDIT
 
Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...
Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...
Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...Dr. Oliver Massmann
 
Classification of Contracts in Business Regulations
Classification of Contracts in Business RegulationsClassification of Contracts in Business Regulations
Classification of Contracts in Business RegulationsSyedaAyeshaTabassum1
 
xLran: Open source AI for legal hackers.
xLran: Open source AI for legal hackers.xLran: Open source AI for legal hackers.
xLran: Open source AI for legal hackers.mike689707
 
Patents and AI: Current Tools, Future Solutions
Patents and AI: Current Tools, Future SolutionsPatents and AI: Current Tools, Future Solutions
Patents and AI: Current Tools, Future SolutionsAurora Consulting
 
ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...
ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...
ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...Anadi Tewari
 
Islamabad High Court Judges wrote a letter to Supreme Judicial Council.pdf
Islamabad High Court Judges wrote a letter to Supreme Judicial Council.pdfIslamabad High Court Judges wrote a letter to Supreme Judicial Council.pdf
Islamabad High Court Judges wrote a letter to Supreme Judicial Council.pdfNo One
 
An introduction to Indian Contract Act, 1872 by Shraddha Pandit
An introduction to Indian Contract Act, 1872 by Shraddha PanditAn introduction to Indian Contract Act, 1872 by Shraddha Pandit
An introduction to Indian Contract Act, 1872 by Shraddha PanditSHRADDHA PANDIT
 
The Ultimate Guide to Drafting Your Separation Agreement with a Template
The Ultimate Guide to Drafting Your Separation Agreement with a TemplateThe Ultimate Guide to Drafting Your Separation Agreement with a Template
The Ultimate Guide to Drafting Your Separation Agreement with a TemplateBTL Law P.C.
 

Recently uploaded (10)

Criminalizing Disabilities & False Confessions
Criminalizing Disabilities & False ConfessionsCriminalizing Disabilities & False Confessions
Criminalizing Disabilities & False Confessions
 
Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...
Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...
Women and the World of Climate Change- A Conceptual Foundation by Shraddha Pa...
 
Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...
Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...
Corporate Sustainability Due Diligence Directive (CSDDD or the EU Supply Chai...
 
Classification of Contracts in Business Regulations
Classification of Contracts in Business RegulationsClassification of Contracts in Business Regulations
Classification of Contracts in Business Regulations
 
xLran: Open source AI for legal hackers.
xLran: Open source AI for legal hackers.xLran: Open source AI for legal hackers.
xLran: Open source AI for legal hackers.
 
Patents and AI: Current Tools, Future Solutions
Patents and AI: Current Tools, Future SolutionsPatents and AI: Current Tools, Future Solutions
Patents and AI: Current Tools, Future Solutions
 
ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...
ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...
ArtificiaI Intelligence based Cyber Forensic Tools: Relevancy and Admissibili...
 
Islamabad High Court Judges wrote a letter to Supreme Judicial Council.pdf
Islamabad High Court Judges wrote a letter to Supreme Judicial Council.pdfIslamabad High Court Judges wrote a letter to Supreme Judicial Council.pdf
Islamabad High Court Judges wrote a letter to Supreme Judicial Council.pdf
 
An introduction to Indian Contract Act, 1872 by Shraddha Pandit
An introduction to Indian Contract Act, 1872 by Shraddha PanditAn introduction to Indian Contract Act, 1872 by Shraddha Pandit
An introduction to Indian Contract Act, 1872 by Shraddha Pandit
 
The Ultimate Guide to Drafting Your Separation Agreement with a Template
The Ultimate Guide to Drafting Your Separation Agreement with a TemplateThe Ultimate Guide to Drafting Your Separation Agreement with a Template
The Ultimate Guide to Drafting Your Separation Agreement with a Template
 

Altlaw competitors checklist

  • 1. The Competitor’s Checklist: 4 eDiscovery features that will secure an advantage for your legal team. www.altlaw.co.uk
  • 2. The right eDiscovery solution will empower you to work more accurately, efficiently, and with minimal scope for business risk. Unfortunately, not all eDiscovery tools are made equal, and an investment in anything lacklustre will usually create more problems than it solves. Make the right investment decision with this checklist of essential eDiscovery features for legal teams looking to secure a competitive advantage. The Competitor’s Checklist www.altlaw.co.uk The Competitor’s Checklist: 4 eDiscovery features that will secure an advantage for your legal team
  • 3. According to Gartner, only 19% of in-house legal teams are in a position to support enterprise-level digital capabilities. The Competitor’s Checklist www.altlaw.co.uk
  • 4. The Competitor’s Checklist www.altlaw.co.uk While this doesn’t paint the legal sector in a great light, it does mean that, with as little as the right knowledge and tools, legal teams can secure a competitive edge with relative ease.
  • 5. The Competitor’s Checklist www.altlaw.co.uk The right suite of eDiscovery tools will enable you to get far more out of what you put in, allowing your team to work more… Accurately Effectively Efficiently And with dramatically reduced scope for error and wider business risk.
  • 6. The Competitor’s Checklist www.altlaw.co.uk Ultimately, the right eDiscovery solution will allow you to make your resources work harder, allowing you more freedom to outperform your competitors, win (and complete) more work, and strive for higher levels of client satisfaction.
  • 7. The Competitor’s Checklist www.altlaw.co.uk We’ve collated this checklist to give you a quick round-up of the 4 essential features your eDiscovery solutions need to secure a competitive advantage for your team.
  • 8. The Competitor’s Checklist Item #1: TAR 2.0 TAR (Technology Assisted Review) essentially automates your document review process by exclusively retrieving relevant documents from vast volumes of case data, eliminating the need for your team to manually sift through reams of documents. Not only does this deliver incredible efficiency savings for obvious reasons, it can also help firms save further potential expenditures and business risks down the line by dramatically reducing the chances of overcollection or undercollection. However, many discovery teams and legal firms are still using an outdated iteration of TAR, which carries limitations in terms of the accuracy and efficiency it can offer. While TAR 1.0 will reduce the resource required for review, it still requires a professional to train the system and set up its processes, which can lead to reduced accuracy, and unexpected delays on discovery times. TAR 2.0 however, delivers all automation of its predecessor only with vastly superior efficiency and accuracy benefits, thanks to its machine learning and AI capabilities. Its algorithms also work to bring relevant information to the fore even quicker, ultimately allowing you to find the documents you need in the fastest time possible, at the lowest cost. The Competitor’s Checklist www.altlaw.co.uk
  • 9. The Competitor’s Checklist Item #1: TAR 2.0 Benefits • Automation of eDiscovery avoids draining your team’s time, energy and focus • AI enables you to find the relevant information you need with maximum efficiency and minimal cost, meaning you can deliver a value-added service • Significantly reduced chance of overcollection or undercollection allows you to control costs, be more accurate with quotes, and consistently manage client expectations. The Competitor’s Checklist www.altlaw.co.uk
  • 10. The Competitor’s Checklist Item #2: Secure, cloud-based collaboration While the battle between on-premise and cloud-based eDiscovery software is still a hotly debated topic, one irrefutable benefit offered by cloud-based technologies is their ability to allow different teams to collaborate across devices and geographical locations. Far too many teams still get held up waiting for sign off and approval decisions to be made, leading to those all-too familiar sinkholes in time (and of course, money). When the key decisionmakers in litigation review tend to be constantly working on the move, why would you settle for a stationary eDiscovery solution? With eDiscovery tools now moving further into the territory of the cloud and mobile apps, you can overcome those common productivity roadblocks by empowering your team to access your dashboards and work together on the go – anytime, anywhere. But with the ability to make case data and documents more readily available to external third parties will of course come concerns about whether this also presents an inherent security risk. Legal teams have long been reluctant to trust the control of their sensitive data to cloud-based platforms, and while there is unfortunately still a sector-wide misconception that on-premise is the vastly more secure option, the security drawbacks of cloud-based eDiscovery’s earlier iterations have long-since been addressed by most leading software providers, thanks to some hefty investment. When you are shopping around for a solution though, be sure that your eDiscovery software provider employs robust cybersecurity protocols, such as multi-factor authentication, 24/7 threat intel to monitor unusual activity, high standards of data encryption, regular updates to your security environment based on thorough penetration testing, and customisable user permissions. Keep certificates, keys and passwords on frequent rotation and assign access privileges on a need-to-know basis, and you can trust that the sensitive data of you and your clients remains agile and accessible, but above all, safe. The Competitor’s Checklist www.altlaw.co.uk
  • 11. The Competitor’s Checklist Item #2: Secure, cloud-based collaboration • Maximises efficiency of data and document assessment during discovery and collection • Greater accessibility can encourage decision-makers to be more proactive and confident in their participation • Generally allows for reduced obstructions to productivity and smoother operational workflow from end to end • Retain high productivity and agile working practices without compromising on watertight data security practices. The Competitor’s Checklist www.altlaw.co.uk
  • 12. The Competitor’s Checklist Item #3: Language ID and translation capabilities Issues with language identification and translation are another common source of bottlenecks which can drastically slow down the discovery process – they can also prove quite the regulatory minefield, and another unforeseen drain on expenses. Many eDiscovery tools now come with machine learning capabilities that can automatically detect the language (or languages) of a given document on the fly, with as little as the click of a button. It is unlikely you will be able to completely remove the need to invest in translators and linguists for cross-border litigation cases, but more advanced language tools will certainly allow you to control costs and ensure your investment is as focused and effective as possible. When looking to work with an eDiscovery provider offering language ID and translation, shoot for one with a domestically-based translation team of native speakers who have substantial experience in legal translation. Vendors that rely on machine translation or on members of their teams based elsewhere in the world can present serious limitations with regards to accuracy and efficiency. The Competitor’s Checklist www.altlaw.co.uk
  • 13. The Competitor’s Checklist Item #3: Language ID and translation capabilities Benefits • Identify batch documents by language so they can be sent to foreign language reviewers efficiently • Lays the groundwork for the rest of your review workflow • Mitigated risk of missing language translation deadlines of requirements, or falling foul of other regulatory pitfalls. The Competitor’s Checklist www.altlaw.co.uk
  • 14. The Competitor’s Checklist Item #4: Holistic, responsive support This one isn’t a software feature, but for any legal team looking to gain a competitive edge, having round-the- clock project and technical support is invaluable, whether it comes in the form of on-site assistance or technical advice via an instant chat service. By functioning as an extension of your existing team, eDiscovery support can lower the risk, expense and internal resources required to perform in-house eDiscovery, freeing up time and space and enabling your team to focus on doing what they do best. The key thing to look for in a worthy eDiscovery provider is a well-rounded knowledge of eDiscovery project management and the litigation process as a whole. Working with a team that has a very specific but narrow knowledge of eDiscovery on its own will usually lead to you getting banded from one team to another just to get the help you need. The best eDiscovery support will assign one person or team to support you through the whole process from end to end. eDiscovery support should also be flexible and scalable, able to adapt and grow in relation to the situation at hand, rather than a fixed service – be sure to read the fine print on this one if you want to avoid being at the mercy of steep pricing surges at a time of desperate need. The Competitor’s Checklist www.altlaw.co.uk
  • 15. The Competitor’s Checklist Item #4: Holistic, responsive support Benefits • Reduce delays in operational processes and minimise productivity downtime • Seamless, holistic project assistance throughout the litigation process • Frees up time and internal resource to focus on what they do best. The Competitor’s Checklist www.altlaw.co.uk Now you’ve got the cutting edge tools to put yourself head and shoulders above your competitors, it’s time to prime your organisation for growth. Find out more in our next piece, Doing Digital Justice: How Partners can drive a growth agenda with the right eDiscovery service provider.