SOURCE: Recommind

Recommind

January 31, 2011 08:00 ET

Recommind Extends Axcelerate™ eDiscovery's Market Leadership With Predictive Sampling™, Delivering the Industry's Fastest, Most Defensible Review

Axcelerate™ eDiscovery With Predictive Coding™ Becomes the Industry's First and Only Platform With Built-In Sampling Workflow

NEW YORK, NY--(Marketwire - January 31, 2011) -  LEGALTECH -- Recommind, the leader in predictive information management software, today unveiled Predictive Sampling™, the first fully automated, built-in sampling workflow for document review. Predictive Sampling, developed in conjunction with several AmLaw 30 firms, integrates with the revolutionary Predictive Coding™ technology in Recommind's end-to-end Axcelerate eDiscovery platform, providing the fastest, most defensible review available.

Landmark 2010 decisions like Victor Stanley and Mt. Hawley Insurance Co. identify sampling as the only prudent way to test the reliability of keyword search, document review and productions. Recommind's patent-pending workflow automates the sampling process, providing statistically sound accuracy rates for responsiveness, privilege and issue relation for every document review. This critical capability cements Axcelerate eDiscovery's status as the most advanced and powerful platform in the eDiscovery market: the first product to offer Predictive Coding technology, the only product to offer end-to-end functionality (from processing through productions), and now the first -- and only -- solution with built-in sampling workflow.

"Recommind's Predictive Sampling assesses the thoroughness and quality of automated document review, helping to fortify the defensibility of Predictive Coding," said Brian Babineau, vice president of research and analyst services with Enterprise Strategy Group. "Leading jurists have already written that the superiority of human, eyes-on review is a myth, so law firms continue to work with technology vendors to fill in much of this gap. Predictive Coding with Predictive Sampling enables users to comfortably leverage technology to attain a level of speed and accuracy that is not achievable with traditional linear review processes."

In addition to industry-leading defensibility, Predictive Sampling delivers a host of other benefits:

  • Counsel can now set accuracy rates for every review
  • Clients and outside counsel can know exactly how much every review will cost before it starts
  • Clients can now decide how many documents they want to have reviewed
  • Clients and outside counsel can now use document review quality control as an offensive weapon

Predictive Sampling opens a new stage in the automated eDiscovery revolution started by Recommind with the introduction of Predictive Coding. Recommind's Predictive Coding is the first and only technology that automatically identifies responsive, privileged and issue-related documents regardless of keywords used in the collection. This allows for human review of only a fraction of any document collection, slashing review time and costs by 50%-90% -- savings that increasingly translate to millions of dollars per case.

"When we released Predictive Coding, it gave our customers a competitive advantage by allowing them to dramatically expedite the review process in a way never before seen in the industry," said Bob Tennant, CEO of Recommind. "Predictive Sampling gives our customers new advantages, including the assurance that the quality of their document review is second to none. That allows them to go on the offensive while opponents who rely on labor-intensive keyword-based or linear-review technology struggle to keep up. Whether measuring a review on cost, speed, defensibility, or all three at once, Predictive Coding and Predictive Sampling deliver far superior results to any other review tool on the market today."

About Recommind
Recommind is the leader in predictive information management software, delivering search-powered business applications that transform the way enterprises, government entities and law firms conduct eDiscovery, enterprise search, and information governance. Recommind's solutions are all built on the CORE (Context Optimized Relevancy Engine) platform, which automatically accesses, organizes and analyzes large volumes of information in context from myriad sources. With greater control over and more accurate access to information, organizations can lower risk, heighten productivity, increase the value of information assets and improve competitiveness and profitability. Recommind customers include AstraZeneca, BMW, Cisco, Clifford Chance, DuPont, Marathon Oil, Morgan Lewis, US Department of Energy (DOE), White & Case and Wilmer Hale. Recommind is headquartered in San Francisco and has offices in Boston, London and Bonn, Germany. For more information, e-mail info@recommind.com or go to www.recommind.com

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