One of the most compelling reasons to adopt AI in eDiscovery is the potential for significant return on investment (ROI). AI can lead to substantial cost savings by:
Reducing Review Time: Automating document review tasks reduces the need for large human review teams.
Lowering Processing Costs: Efficient data processing and deduplication minimize storage and handling fees.
Minimizing Risk: Improved accuracy and consistency reduce the likelihood of costly errors or sanctions.
This section will provide frameworks and methodologies for quantifying the ROI of AI implementation in your eDiscovery practice.