CASE STUDY Large Commercial Bank | United States
Financial Services Institution and Leading Law Firm Leverage AI on Multiple Company-Impacting Matters
Client Need
- Subpoenas from SEC, DOJ, Federal Reserve, FDIC, and OCC as part of an industry sweeping investigation.
- Eight million documents to analyze for production.
- Average production rate: 400 documents per week.
- Complex review protocol requiring 25 issue tags per document and ongoing regulator requests.
- Law firm is also managing the after response of related subsidiaries.
Client Solutions
- Deployed Epiq AI™ for Review, reducing 40 reviewers to three within 30 days.
- Trained a dedicated model for each regulator's request.
- Ramped up production by 50x, reaching 20,000 documents per week.
Why Epiq
- Leading technology backed by extensive support and training resources.
- Validate the resulting production defensibly.
- Upload review protocols simply, without the need to convert them into instructions or code.
Epiq AI™ for Review was impressive. This was a surgical approach to a very complex review.
— Director of eDiscovery and Litigation Support
Results and Benefits
50x increase in document production rates, satisfying demands from regulators for more documents.
Produced 1 million documents in multiple productions to different regulators.
Achieved above 80% recall and 70% precision for defensibility.
90% reduction in cost.