RenewData Seminar Series to Focus on Reducing Document Review Costs with Language-Based Analytics

AUSTIN, Texas - Oct. 2, 2013 - PRLog -- AUSTIN, TX  – RenewData, a full-service eDiscovery provider that offers the industry’s most advanced spectrum of review acceleration solutions, today announced that increasing demand for Language-Based Analytics is driving the launch of an October seminar series centered on reducing document review (http://renewdata.com/solutions-services/document-review.php) costs with an alternative to predictive coding.

With each knowledge worker producing the equivalent of two War and Peace novels of email each year, it’s no wonder that document review now accounts for more than 70 percent of eDiscovery costs. While predictive coding has gained attention for its ability to reduce the number of documents for review, its reliance on artificial intelligence limits its ability to properly understand the nuances of language and poses challenges to defensibility.

The RenewData seminar series, titled “An Alternative to Predictive Coding:  Results without the Risk,” will examine the proven effectiveness of Language-Based Analytics to accelerate review while reducing its associated costs. Each seminar will feature presentations from attorneys who have first-hand knowledge with successful Language-Based Analytics reviews.

The presentations will also include a discussion led by RenewData’s Chief Scientist, Andy Kraftsow. Kraftsow will explain how the highly differentiated Language-Based Analytics service provides cross-document knowledge extraction, transparency into coding decisions, auditability, reusability, and cost savings that are unmatched by artificial-intelligence techniques.

The seminar stops include:

·         Oct. 3 – Chicago, with a guest presentation from Greg Leighton, Attorney at Neal, Gerber & Eisenberg.

·         Oct. 9 – Atlanta, featuring David Deusner, Senior Associate at Bradley Arant Boult Cummings.

·         Oct. 22 – Nashville, also featuring Deusner.

For more information about the events, please contact kathy.rogers@renewdata.com.

RenewData recently announced an unprecedented guarantee for corporate legal departments or law firms that use its Language-Based Analytics. If, after completing the first-pass review, it is determined that a legal organization reviewed more than the guaranteed percent of the collection, RenewData will reimburse it the Language-Based Analytics hourly and technology fees plus an additional 10 percent.

The process begins with a complimentary initial consultation that examines the details of the case, the number of issues, the amount of data and the number of reviewers. From there, RenewData will formalize the guarantee. To learn more about the Language-Based Analytics guarantee, visit http://renewdata.com/news-events/press-releases-detail.php?id=94.

About Language-Based Analytics

Language-Based Analytics is a language-based approach to methodically narrow down any size of document collection to identify potentially relevant information in the early phases of eDiscovery. With a series of interrelated processes and technologies, organizations are able to quickly and cost-effectively analyze a document collection, understand what each document is about, and make important decisions based on this understanding. Learn more at http://renewdata.com/solutions-services/language-analytics.php.

About RenewData

RenewData is a full-service eDiscovery provider that helps corporations and law firms achieve significant time and cost savings, attain a high level of defensibility and reliability and easily manage multiple projects for legal, regulatory and investigative matters. The company has a deep history building and applying advanced technology for eDiscovery and has a particular expertise in review acceleration, delivering the industry’s broadest spectrum of solutions to expedite analysis of large collections of data. Of particular note, RenewData’s Language-Based Analytics offerings uniquely accelerate review without relying on artificial intelligence, delivering dramatic savings with a high level of knowledge extraction as well as transparency and insight into reviewer decisions. For more information, visit www.renewdata.com  or call 888.811.3789.