New eDiscovery software disrupts traditional linear review model from PreDiscovery to Production
LexisNexis® Legal & Professional today announced a new eDiscovery platform enhanced by Brainspace™ Corp., a recognized leader in data analysis. The new Lexis® DiscoveryIQ software is a fully integrated eDiscovery solution that LexisNexis is unveiling for the first time at the LegalTech.
Advanced visual analytics developed by Brainspace Corp. are embedded in the new product.
The Lexis® DiscoveryIQ platform challenges conventional workflow by re-thinking the role of early case assessment and providing powerful analytics throughout the eDiscovery process. This provides earlier insight into litigation data, drives better litigation strategies and reduces the overall costs of litigation, or potentially litigious cases.
“With Lexis DiscoveryIQ, LexisNexis and Brainspace are challenging the status quo,” said Ryan Bilbrey, managing director of OmniVere, LLC, and a member of panel of advisers for development. “Disruption is a term that’s tossed around almost callously in legal technology circles these days, but in this case, here is a team that has reimagined the eDiscovery process to help litigation teams achieve vastly better results.”
The Lexis DiscoveryIQ platform efficiently processes massive data sets for review – pinpointing the essential story in every case – and reducing the data set to only the most important elements. The Brainspace ID technology integration is uniquely integrated into the Lexis DiscoveryIQ platform, and incorporates intelligent, prioritized review that accelerates the process by upwards of 60-90 percent.
While the platform is engineered for the demands of large cases, it is flexible and scalable enough to be used in a wide range of matters.
“Experienced litigation teams typically avoid using analytics on smaller cases because it’s perceived to be cost prohibitive,” said Steve Ashbacher, vice president of litigation solutions with the LexisNexis software and technology business. “Our contention is litigators should have access to analytics no matter the size of the case. Lexis DiscoveryIQ is delivering the flexibility allowing litigation teams to dial up whatever they need and when they need it, from PreDiscovery all the way through Production, for any case.”
The new platform was developed on the LexisNexis Early Data Analyzer software product, which is renowned for its speed, performance and scalability. This approach allowed the LexisNexis team to focus on the PreDiscovery phase by building on a solid foundation of powerful early case assessment tools and then integrating predictive coding, data analytics and smart review tools throughout the workflow.
The new platform is different in four key ways:
“It’s significant to point out this alliance between Brainspace and LexisNexis creates a unique and complete integration of technologies that goes beyond moving data from one platform to another,” said Ravi Sathyanna, VP of Technology & Products with Brainspace Corp. “The result is a comprehensive platform, focused on early case assessment, and bringing to bear the most advanced eDiscovery technology and analytics in the market.”
“Inside and outside counsel alike have conveyed the most valuable role technology can play in the eDiscovery process today is to focus on early case assessment,” added Ashbacher. “The end goal is litigation teams spending their time on a more focused and accurate set of data, which reduces the overall cost, achieves more reliable results faster, and ultimately drives better legal outcomes.”
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