Predictive coding software for law firms and legal professionals uses technology to categorize documents for relevance, privilege, “hotness” and the like according to their text and metadata, even privileged or not.
Predictive coding involves software that “learns” from the attorney coding of documents. The software analyzes this training data to discern indicia of relevance, privilege, etc. and classifies every document in the data set accordingly. That classification may be binary (yes or no) or may take the form of a probability that the document belongs to each category.
Predictive coding software can yield substantial dividends in time, expense and accuracy even in small cases, with ROI often exceeding 500%. It also allows law firms to handle cases involving large discovery matters that would be unmanagement with traditional methods of review (numerous contract attorneys consuming copious amounts of space, time, money, computer terminals, and supervision).
Uses of Predictive Coding Software
- Automate complete document production
- Identify hot documents
- Deposition preparation
- Eliminate non-responsive documents
- Supplement privilege review
- Target human coding (tagging) errors
- Prioritize document review by most-likely-relevant
- Find documents relevant to specific issues
Benefits of Predictive Coding Software
- Bulk-eliminate non-responsive documents in days
- Algorithms drawn from the vanguard of academia and regularly updated for maximum accuracy, increasing precision yields and leaving fewer for attorney review
- Reduce the time and cost of attorney review by orders of magnitude, with fewer errors
- Readily comprehensible graphical analyses
- Trade off accuracy versus documents to review rather than passively accepting stats
- Place documents in best-fit category or assign tag scores to prioritize review
- Works on multi-lingual and CJK documents
- Ideal for large-scale productions
- Requires a few hundred to a few thousand exemplars irrespective of total data set size
- Excellent Equivio replacement
Predictive Coding Software Features
- Search tens of millions of docs in milliseconds
- Web-based review tool accessible from anywhere
- Search by relevance (Google-style), regex, leading and trailing wildcards, proximity, similarity, relevance score, and more
- Scaled tagging to inform the predictive-coding algorithm and refine statistical analysis by tracking performance on most important documents
- Associate dynamic tags with searches
- Versatile review assignment module
- Swipe review for tablets – “Tinder for documents”
- Customizable keyboard shortcuts to minimize minute mouse movements and ease strain of review
- Group, bulk-code, or bypass exact and near-dupes
- “More like this” button finds conceptual similarity to key documents
Dagger Analytics are constantly updating our technology with the latest developments from academia, our own brain trust and beyond, keeping you in the vanguard of speed and accuracy. To address regulatory and speed concerns, data can be processed in the user’s choice of any of these locations, made possible through Dagger’s operations in the Amazon Web Services (AWS) ecosystem:
USA – UK – Canada – Germany – Japan – India – South Korea – Singapore – Australia – Brazil
For more information about Predictive Coding Software, download our datasheet or contact Dagger Analytics.