Making a list and checking it twice? Dont forget about the most important law and technology developments in 2012which can also help guide in-house counsel in the new year. Here, Foley & Lardner attorney Adam Losey, who also edits the online nonprofit IT-Lex and is a member of the editorial advisory board for Law Technology News (a sibling publication of Corporate Counsel), walks us through his Top 6 tech issues of the year:
1. The Use of Technology-Assisted Review and Predictive Coding
The first case law on this issue emerged this year, with courts in New York, Virginia, and Louisiana greenlighting the application of computer analytics to discovery. And given how much money companies waste on discovery, says Losey, its really important to figure out ways to harness technology to do that better.
Depending on the case, technology-assisted review can facilitate large-scale document reviewand benefit the legal departments bottom line. Its not right in every case, but you certainly should consider the application of these technologies, says Losey. This technology can give you significant cost-savings. He adds that no one vendor has a monopoly on TAR, and that companies can kick the tires by running quality control tests first.
