CASE STUDY Financial Services | Global
Financial Services Company Reduces Second-Level Review Costs Through Counsel-Comparable Review
Client Need
- Perform second-level review at a quality comparable to outside counsel.
- Reduce cost without compromising review consistency or defensibility.
Client Solutions
- Design a proof of concept comparing the Epiq second-level review team against outside counsel on a current discovery matter.
- Select 1000 previously reviewed documents, including 800 coded responsive and 200 coded non-responsive.
- Compare coding results, hold a validation discussion on differences, and submit a joint report to the client and counsel.
- Refine the production set in collaboration with counsel by continuing second-level analysis to finalize coding.
Why Epiq
- A longstanding eDiscovery relationship.
- To engage an expert second-level review team.
- Reduced rates compared with outside counsel.
- Substantive experience with analytics and AI tools.
Results and Benefits
Gain 87% cost reduction.
Second-level review speed increase of 100%.
Maintaining the same high-quality as outside counsel.
Reaching 89.1% coding consistency across the proof-of-concept population.