Podcast Beta
Questions and Answers
What is the primary benefit of using Generative AI in the document review process?
Which document review approach requires the highest number of staff and has the longest timing?
What is a key feature of technology assisted review in terms of document review?
How long does the Generative AI enabled review take to complete?
Signup and view all the answers
What is the purpose of applying industry-standard statistical sampling techniques in the document review process?
Signup and view all the answers
Study Notes
Review Metrics and Human Validation
- Human validation is essential in early technology development stages.
- Different review approaches vary in the number of documents requiring manual review.
Document Review Approaches
- Linear Approach: 1 million documents reviewed with 1 million "eyes on," requiring 106 staff over 4 months.
- Technology-Assisted Review: 5 million documents with 100,000 reviewed, needing 25 staff in 2 months.
- Generative AI Enabled Review: Reviews 5 million documents with only 5,000 "eyes on" for quality control, requiring just 5 staff in 1 month.
Qualitative Benefits of Generative AI
- Generative AI enhances qualitative experiences for lawyers and business counterparts.
- Aims to provide nuanced, risk-based document scoring to save lawyers time.
Impact on Corporate Legal Tasks
- Respondents view Generative AI's impact on document review tasks as more significant than on broader functional areas.
- Legal departments tend to experiment with Generative AI at the individual task level for familiarity and confidence.
Strategic Application of Generative AI
- A comprehensive approach applying Generative AI across legal processes could yield significant benefits.
- Conceptualizes processes as a "string of pearls," where each task enhances overall business efficiency.
Efficiency Gains from Generative AI
- General consensus that efficiency is the primary short-term benefit of Generative AI.
- Increased adoption expected to lead to additional efficiency case studies.
NavigAite Software and Applications
- NavigAite: A proprietary Generative AI solution integrated with Relativity for eDiscovery.
- Features extensive engineering to minimize the risk of "hallucination" (inaccurate outputs) and promote output transparency.
- Used for various legal activities, such as:
- Document summarization
- First pass and privilege reviews
- Legal research and advice memos
- Translation and automated redaction
- Significant improvements in quality and reduction of manual review requirements noted, lowering time and resource demands on traditionally labor-intensive tasks.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
