Free press releases distribution network?

Agency / Source: FTI Consulting, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



FTI Consulting Announces Predictive Discovery Solution - Comprehensive Solution Combining People, Technology and Process Takes Predictive Coding Out of the “Black Box” (NYSE: FCN) - FTITechnology.com
FTI Consulting Announces Predictive Discovery Solution

 

PRZOOM - /newswire/ - West Palm Beach, FL, United States, 2012/10/23 - Comprehensive Solution Combining People, Technology and Process Takes Predictive Coding Out of the “Black Box” (NYSE: FCN) - FTITechnology.com. NYSE: FCN

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its Technology practice is launching Predictive Discovery, a complete and defensible solution that significantly reduces the cost and time of legal review. Predictive Discovery combines an interdisciplinary expert team with predictive coding software to help corporate and law firm attorneys review and produce documents for commercial litigation and regulatory investigations. With Predictive Discovery, legal teams have a one-stop shop for any predictive coding use, including prioritizing important data, eliminating irrelevant information and conducting quality control on human reviewers.

“Predictive Discovery is a more scientific approach to e-discovery. The world-leading statisticians at FTI Consulting helped design this solution for accuracy and defensibility. It enables corporate and outside counsel to utilize advanced technology and statistics to conduct discovery in a more accurate, cost-effective and satisfying manner,” said Joe Looby, Senior Managing Director in the Technology practice at FTI Consulting. “The foundation of this service offering is a new technology and process that are easy to explain and are scalable. Predictive Discovery will serve the mounting and complex data challenges our corporate and law firm clients confront daily.”

As a complete solution, Predictive Discovery incorporates people, technology and process for cost-effective and defensible results:

• People: The FTI Consulting team works with corporate and outside counsel and/or subject matter experts to review a small subset of the document collection, coding documents first as responsive and second as potentially privileged.
• Technology: A computer model studies and learns from the training set. The software then assigns responsive and privilege scores to the document collection. And, using the unique analytics within Ringtail® software from FTI Consulting, legal teams can “visually verify”™ the results.
• Process: Developed in collaboration with FTI Consulting statisticians, key performance indicators such as recall and precision and the resulting coding decisions are monitored and verified in a multistep process using statistical sampling and verification by counsel and experts.

“Legal teams are eager to use predictive coding and reduce the overall cost of e-discovery, but they will only do it if it’s defensible,” said Barry Murphy, founder of the e-Discovery Journal. “Predictive Discovery from a trusted managed services provider offers corporations and law firms the expert workflow, statistical quality assurance and visual verification that can help ensure that predictive coding results are explainable and defensible. The FTI Consulting Predictive Discovery offering wraps technology and human expertise into a complete managed service.”

Because no two cases are the same, Predictive Discovery can be customized in accordance with the goals and requirements of the document review. This enables clients to use Predictive Discovery to assist in a wide range of tasks, including prioritizing documents in the collection based on relevance, culling out pools of largely irrelevant materials, cross checking manual attorney review and isolating key terms in a large collection of coded documents.

The Predictive Discovery technology builds upon the company’s large patent portfolio of machine-learning and classification software and leadership in helping develop The Sedona Conference guidance on search, statistics and quality. FTI Consulting clients can combine Predictive Discovery with additional offerings from the firm such as managed review, a secure corporate privilege library for predicting privilege, as well as ancillary services like international data collection to expert witness testimony.

FTI Technology (ftitechnology.com) is hosting a webcast tomorrow, entitled Predictive Discovery: Taking Predictive Coding Out of the “Black Box,” to discuss the practical implications and application of predictive coding technologies.

Predictive Discovery now is available for Ringtail on-demand clients.

About FTI Consulting
FTI Consulting, Inc. (fticonsulting.com) is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal year 2011.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: FTI Consulting, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


FTI Consulting Announces Predictive Discovery Solution

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Press Office - FTIconsulting.com 
561-515-1900 info[.]fticonsulting.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any FTI Consulting, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From FTI Consulting, Inc. / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today