|
Equivio significantly reduces the cost of legal discovery. In live cases for major law firms and corporations, Equivio has been able to reduce litigation review costs by 30-50%. By clustering groups of near-duplicate documents, Equivio slashes the litigation review effort. In major cases, Equivio generates review cost savings of millions of dollars.
Equivio enables a much more efficient review process, as in this example of a set of very similar NDAs:
- By grouping the near-duplicates, Equivio allows these NDAs to be assigned to a specific attorney or team for review. The result: a systematic, coherent review process
- The attorney would start by reading one of the NDA's - this is the "pivot" document
- If the attorney finds the pivot of no relevance, he can skip the remaining documents in the set
- Otherwise, if the attorney decides to review all the documents in the set, he can just review the differences in each document vis-à-vis the pivot
Equivio creates a compelling ROI in both electronic and paper-based discovery scenarios. In paper-based cases, in which the collection is created by OCR processing, OCR errors render standard de-duplication (based on CRC or MD5 hash algorithm) ineffective. Indeed, OCR collections typically show zero exact duplicates - while there may be multiple exact copies of the same document in the set, the digitized files will invariably have small differences. By grouping near-duplicates, many companies are using Equivio as a substitute for standard de-duping in paper-based situations.
|
|
Equivio creates benefits for all players in the legal discovery arena, including corporate legal departments, law firms, service bureaus, system integrators and litigation support software vendors:
|
 |
Equivio reduces review errors and oversights. Rather than the randomized review of individual documents across multiple teams of attorneys, the near-duplicate sets ensure coherent review. Furthermore, by comparing differences within the set, the user is immediately directed to the specific value-added information in each document. |