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Client Success Stories Large Securities Litigation The Challenge When a large financial services corporation with more than 20,000 employees faces securities litigation, the stakes are high. With the case filed in the so-called “rocket docket” in U.S. District Court in the Eastern District of Virginia, the typical challenges of discovery in large litigation are compounded. The Top 20 law firm hired to represent the company turned to Applied Discovery for assistance. The Case The legal team had an East Coast client with data stored in numerous locations around the country. They collected more than 1.5 million pages of electronic documents from 29 custodians, and delivered the data to Applied Discovery on DVDs, CDs, and hard drives. Facing tight deadlines and a large volume of information, it was critical for the team to be able to search, review, categorize, and produce responsive documents in the most efficient manner possible. They knew a traditional “paper review” would not be an option in this case. The Applied Discovery Difference Quality - Meta Data Searches Made Easy Search functionality was critical to the legal team. Identifying documents by file extensions became a key component of their review methodology. The ability to pinpoint certain document types (.xls, .ppt, .pst, .doc, etc.) within this large set of data allowed the team to review and categorize common document types together. They also relied heavily on the ability to store and re-run queries as new documents were added to the database. Capacity - Meeting the Demands of the "Rocket Docket" With the case filed in the jurisdiction known as the "rocket docket," the legal team needed professional assistance to complete discovery on the tight timeline mandated by the court. Applied Discovery started processing the company's electronic documents on a Monday, and had the first set of 500,000 pages available for Online Review within 48 hours. The firm had more than 20 reviewers in 3 offices around the country accessing the Web-based database. Within two weeks, the legal team was producing responsive documents to opposing counsel in PDF form on CD. The production schedule required twice-weekly exports with 24-hour turnaround times until the project was complete. Service - The Client Solutions Group The pace of this case was even more frenetic than usual for large litigation. To get to just the necessary documents quickly and efficiently, the Account Manager from Applied Discovery's Client Solutions Group collaborated with the legal team by conducting brainstorming sessions to develop strategies and methodologies at the onset that would guide them throughout the project. The sheer volume of documents and short time frame mandated that the team work all hours. Whether working though the night or for an hour in the middle of a Sunday family dinner, they found their Account Manager was available to provide assistance with search strategies, document marking and numbering protocols, and many other aspects of the production — any time, day or night. The Outcome Working closely with Applied Discovery, the law firm was able to meet the rigorous discovery schedule dictated by the court without sacrificing the quality of their legal review. The entire project was completed on time—and all at a cost about 80 percent less than traditional methods of discovery review. To request more information about this case and the parties involved, click here. To start your own success story — contact Applied Discovery to Discover a Better Way®.
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