Inference Data and Forrester Research Webinar 'Transforming Legal Discovery' Now Available On Demand

NEW YORK, March 7 /PRNewswire/ -- In a live webinar broadcast last week, Forrester Research Principal Analyst Barry Murphy and Inference Data President Nick Croce presented a roadmap for managing growing amounts of data, meeting federal e-discovery mandates, and using new technology to address inefficient review processes which account for 70 percent of litigation costs. During this webinar, Inference Data and Forrester Research advise corporations and outside counsel to manage electronic discovery as an end-to-end process and to focus on marrying internal best practices with the next-generation of e-discovery technologies. The free webinar, "Transforming Legal Discovery: Next-Generation Technologies for Streamlining EDD & Review" is available on demand at: http://www.inferencedata.com/webinar.htm.

"Corporations are drowning in data and they understand that there is too much of it to rely on the traditional approach to review," said Murphy. "Organizations need to make sure that the right people have the right roles and responsibilities in creating electronic discovery procedures because IT usually manages the identification, preservation and collection, while legal is responsible for review. Then they can begin to apply efficiencies and utilize analytics technology to address that 70 percent of litigation costs. By doing so, they have a great opportunity to save significant costs and solve electronic discovery challenges."

Croce agrees that the market drivers and technology advances have finally converged. "At the current rate, electronic discovery costs are projected to reach $40 billion for review labor alone by 2011," said Croce. "Corporations will no longer be able to permit this kind of spending to continue. The evolution in electronic discovery technology is focusing on that cost. Through the use of new technologies incorporating conceptual search and analytics, we can begin to manage costs as well as get to the core information quickly, which is central to defending a client."

As Forrester Research's leading electronic discovery analyst, Barry Murphy has followed the e-discovery's technology evolution and the challenges faced by corporations grappling with legal departments overwhelmed by data and by growing discovery and review costs. During this webinar, Murphy discusses the realities of the FCRP, shares recommendations for e-discovery best practices, and evaluates the new technologies and tools that can be applied to improve discovery efficiency.

Nick Croce, Inference Data President, has led the creation of the Inference electronic discovery analytics and review solution. With a background in litigation consulting and legal technology development, Croce has been responsible for courtroom presentation technologies used by the nation's largest law firms and Fortune 1000 corporations, and led a premier litigation consulting firm. For the webinar audience, Croce details the latest advances in the application of search and analytics technologies for prioritized data review, provides insight into how organizations are reducing review times and legal costs, as well as technology driven strategies for early case assessment and meet-and-confer preparation.

About Inference Data

Inference Data provides corporations and law firms with next-generation software for analytics-driven assessment, meet-and-confer preparation, and accelerated legal review. The Inference product, also called Inference, applies conceptual search and analysis to prioritize datasets and find key documents for faster and more cost-effective review. Inference, a web-based solution, is distinguished by its highly scalable Autonomy architecture and a user-intuitive, configurable workflow. Inference Data is privately held and headquartered in New York, NY. For more information, visit www.inferencedata.com.