NEW YORK, June 3, 2015 /PRNewswire/ -- EY released An Insider's Guide to Technology-Assisted Review (TAR), a book about the theory and practice of TAR. This book is intended to increase the understanding of TAR that is important for legal professionals to use TAR in a way that maximizes its potential.
With the amount of digital information constantly increasing, discovery in legal cases usually involves costly and timely analysis of thousands if not millions of documents. According to the RAND Institute for Civil Justice, 73 cents of every dollar spent on document production goes toward reviewing documents for relevance, responsiveness and privilege. To reduce costs, an increasing number of legal teams are implementing TAR to speed up this process. Regulatory agencies are also starting to use TAR as a tool for analyzing the documents produced to them during investigations.
Written for professionals without an advanced technological background, An Insider's Guide to Technology-Assisted Review (TAR) examines the theory behind TAR and the tool's leading practices. Topics discussed in the book include:
- Evolution of TAR use in litigation and investigation
- A structural analysis of TAR
- Recent case law on predictive coding
- Economics of TAR in terms of cost and value
"The amount of electronically stored information is so great, technological tools are needed to accurately and cost-effectively sift through the information," said David Remnitz, the EY Global and Americas Forensic Technology & Discovery Services Leader. "Even as the technology of TAR continues to advance at a rapid speed, the underlying concepts highlighted in this book will hold true and guide practitioners."
Brian Loughman, EY Americas Fraud Investigation & Dispute Services Leader, said, "It is important not only for professionals to understand TAR and how it can be used to support clients' legal proceedings, but also for regulators, members of the judicial community and procurement executives to learn about this new technology and how it benefits cases. The transparency and economy of TAR can help professionals achieve just, speedy, and inexpensive resolutions to their disputes."
Published by Wiley, this book can be ordered on Amazon or Barnes & Noble.
About EY's Fraud Investigation & Dispute Services practice
Dealing with complex issues of fraud, regulatory compliance and business disputes can detract from efforts to succeed. Better management of fraud risk and compliance exposure is a critical business priority – no matter what the industry sector is.
Our more than 3,200 fraud investigation and dispute professionals around the world bring the analytical and technical skills needed to quickly and effectively conduct financial and other investigations and gather and analyse electronic evidence. Working closely with you and your legal advisors, we assemble the right multidisciplinary and culturally aligned team, and bring an objective approach and fresh perspective to these challenging situations, wherever you are in the world.
And because we understand that you need a tailored service as much as consistent methodologies, we work to give you the benefit of our broad sector experience, our deep subject matter knowledge and the latest insights from our work worldwide.
About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more of the member firms, of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This news release has been issued by Ernst & Young LLP, a member firm of EY serving clients in the US.
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