Using predictive analytics technology, which includes data modeling and mining and machine learning, is often referred to as predictive coding or technology assisted review in the legal industry. Using predictive analytics has been increasing over the last five years, but it still hasn’t hit mainstream.
For the next five years, Magistrate Judge Peck, of the U.S. District Court for the Southern District of New York, predicted at the International Legal Technology Association’s educational conference in Nashville that “courts will likely say that TAR must be used instead of keywords. If a party wins and does not use TAR, its cost reimbursement could be declined because TAR is cheaper. The so-called gold standard of eyes on review of every document is not the gold standard by any means. Predictive coding, TAR, when done right, has a much better and much cheaper result than manual review, keywords or anything else.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
