Predictive Coding: The Future of Information Technology
The process of e-discovery is causing companies in good standing to have to settle bad lawsuits, but hopefully not for much longer. Predictive coding is here to solve all of your issues. Here is how it works.
The process of predictive coding consists of a human writing a code or program in which certain documents are identified and classified. After the code is written, the computer then takes over and writes code for all the documents that are left over. Predictive coding consists of four basic steps.
First, a lawyer picks out a sample of documents compiled electronically based on what they need to get out of them. The second step requires more lawyers to repeat the first step until the computer has enough information to use the data provided by the lawyers to start deciding on its own what you are needing. Then, with the computer knowing what you are looking for, the third step can begin where the computer takes over looking through the documents and deciding which ones are relevant and which are irrelevant to you task. The fourth and final step involves a quality control check of the documents chosen by the computer to make sure that it knew exactly the types of files that you were looking for.
You may be asking yourself how this will save you money. When you use predictive coding software you can replace the large rooms of contracted lawyers who constantly have to look over tens of millions of documents on an hourly rate. In addition to being much faster than the old fashioned ways, predictive coding also has been shown to be yield much more reliable information and successfully sorted relevant documents.
In the event that you are wondering why such a great innovation is so wildly repressed, the answer is simple. There is yet to be anyone who has volunteered to be a test subject to determine the absolute effectiveness of predictive coding. The courts have also been unable to review, or endorse the effectiveness of predictive coding.
The court system needs to implement new technologies, and until a powerful magistrate can endorse such technologies, there will be no such luck. The process of predictive coding is just too powerful for anyone to jump into it blindly, especially the US court system.
Taking advantage of predicting coding is better suited for the present rather than the future. While this process of predictive coding is extremely accurate, it is very smart to backup and review the findings to make sure you do not run the risk of default or dismissal due to irrelevant evidence. The cost saving factors associated with predictive coding are great. When the time comes for predictive coding to become the right way to do things, make sure that you are not left behind.
The process of e-discovery is causing companies in good standing to have to settle bad lawsuits, but hopefully not for much longer. Predictive coding is here to solve all of your issues. Here is how it works.
The process of predictive coding consists of a human writing a code or program in which certain documents are identified and classified. After the code is written, the computer then takes over and writes code for all the documents that are left over. Predictive coding consists of four basic steps.
First, a lawyer picks out a sample of documents compiled electronically based on what they need to get out of them. The second step requires more lawyers to repeat the first step until the computer has enough information to use the data provided by the lawyers to start deciding on its own what you are needing. Then, with the computer knowing what you are looking for, the third step can begin where the computer takes over looking through the documents and deciding which ones are relevant and which are irrelevant to you task. The fourth and final step involves a quality control check of the documents chosen by the computer to make sure that it knew exactly the types of files that you were looking for.
You may be asking yourself how this will save you money. When you use predictive coding software you can replace the large rooms of contracted lawyers who constantly have to look over tens of millions of documents on an hourly rate. In addition to being much faster than the old fashioned ways, predictive coding also has been shown to be yield much more reliable information and successfully sorted relevant documents.
In the event that you are wondering why such a great innovation is so wildly repressed, the answer is simple. There is yet to be anyone who has volunteered to be a test subject to determine the absolute effectiveness of predictive coding. The courts have also been unable to review, or endorse the effectiveness of predictive coding.
The court system needs to implement new technologies, and until a powerful magistrate can endorse such technologies, there will be no such luck. The process of predictive coding is just too powerful for anyone to jump into it blindly, especially the US court system.
Taking advantage of predicting coding is better suited for the present rather than the future. While this process of predictive coding is extremely accurate, it is very smart to backup and review the findings to make sure you do not run the risk of default or dismissal due to irrelevant evidence. The cost saving factors associated with predictive coding are great. When the time comes for predictive coding to become the right way to do things, make sure that you are not left behind.
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