To Offer Focused Review Services for Cost-Efficient Compliance Review
AccessData Group, a provider of integrated digital forensics and e-Discovery software tools and services, today announced that it will serve as the exclusive provider of legal review software for the new Focused Review offering introduced by Germany-based reThinkLegal.
“This new service is a cost-efficient option for corporations that want to take a ‘sneak peek’ into their data related to a specific business compliance matter,” said Abdeslam Afras, vice president of international markets for AccessData, based in the company’s Frankfurt, Germany office. “We’re delighted that reThinkLegal has selected AccessData Summation as their preferred legal review platform for this important offering.”
Afras said the service is available now to companies based in Germany, Austria, Switzerland and the United Kingdom, but can also be used by companies located in the rest of the EU. reThinkLegal has established data hosting environments in every country in which the services are available so that local government rules on data privacy and protection are respected.
With Focused Review, reThinkLegal provides a highly skilled project team to review collected data from a company’s internal information system. Starting with the data collection, processing and creation of a customized search terms list, the team works closely with the corporate legal department to detect a potential corporate compliance issue. To review the documents most efficiently, reThinkLegal uses Summation—AccessData’s legal review software platform with industry-leading technologies such as advanced analytics, predictive coding and built-in fact and transcript management—to conduct a reliable analysis of the data and create a confidential report for management review.
“In 2013, we established LegalReviewlution Antitrust, a comprehensive legal review service to assess potential antitrust exposure,” said Stefan Bessling, managing partner at reThinkLegal. “Over the past couple of years, we also have heard from prospective customers seeking to detect other compliance risks – such as fraud and corruption – but who were hesitant to spend significant money on a comprehensive data review when a more specialized review is required. By leveraging AccessData Summation, we believe our new Focused Review service is an attractive solution for these companies to gain profound insight into their data without incurring a substantial expense.”
The costs for the Focused Review service are determined in advance and capped so there are no invoice surprises to customers. This is achieved by using a defined scope of work that focuses the data analysis on essential compliance issues.
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