JAY LEIB KCURA
Reduce Document Review Costs Through Text Analytics
I
t is often said that document review costs are the forgotten 80 percent of litigation project costs. In addition to the direct message that review is costly, this statement carries the subtler message that strategies to accelerate and organize
document review should be considered up front, prior to beginning the review. Document review costs for any project, large or small, have a direct correlation with information
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volume: the more data there is to be reviewed, the more hours are required to identify important and relevant documents. Additionally, human document review is not a process that benefits from economies of scale when the data is not strategically organized. Using technology specifically designed to organize documents, in combination with a sound review workflow, may reduce these review costs and compress the actual time needed to review.
