FTI Technology Launches Acuity Integrated Document Review Offering
01 Fevereiro 2010 - 10:30AM
PR Newswire (US)
Comprehensive Approach Simplifies Legal Review and Delivers
Predictable Pricing NEW YORK, Feb. 1 /PRNewswire-FirstCall/ -- FTI
Consulting, Inc. (NYSE: FCN), the global business advisory firm
dedicated to helping organizations protect and enhance their
enterprise value, today announced the general market availability
of Acuity, the company's new integrated e-discovery and document
review offering. Acuity provides clients with one predictable and
fixed-rate price for the processing through production stages of
e-discovery. Acuity integrates advanced technology with innovative
document review workflows that are guided by client's counsel.
Clients gain a single point of control over the e-discovery and
document review process. "In this 'do more with less' era,
corporate counsel need predictable pricing and tangible returns on
their e-discovery investments," said Adam Bendell, senior managing
director of FTI Technology. "Acuity delivers on this need so that
corporations can dramatically reduce the overall cost of
e-discovery as well as streamline the process with one of the most
trusted e-discovery providers in the industry." Seventy two percent
of Fortune 1000 inside counsel cited legal review as the most
expensive phase of e-discovery in a recent FTI study. A number of
factors contribute to the cost: growth in corporate data, an
increase in legal and regulatory requests and the natural
time-intensive process of attorneys reviewing and tagging data. An
added expense for most corporations arises from managing multiple
legal service providers and law firms for various steps in legal
review. "If a company is using multiple vendors to support one or
several electronic discovery projects, identifying ownership of a
particular issue can be a nightmare when competitive vendors point
fingers rather than work together," said Brian Babineau, senior
analyst with Enterprise Strategy Group. "Efficient and
comprehensive electronic discovery requires the alignment and
integration of people, processes and technology. Cost effective and
risk adverse electronic discovery means an organization gets all
three from as few places as possible." Acuity was developed in
direct response to client concerns about existing "all-in-one"
document review offerings. "Our market research strongly indicated
that corporate clients are uncomfortable when tensions arise
between a review provider and the client's outside counsel. This
often results in loss of productivity and may incur unexpected
expenses if it requires a re-review of documents. These unfortunate
hidden costs are the direct result of a non-collaborative review
workflow," said Sophie Ross, managing director of FTI Technology.
"With Acuity, we developed flexible workflows and advanced
technology that fully integrates counsel into the review process
without sacrificing the client benefits of centralized project
accountability and predictable pricing. Both the client and its
counsel have full transparency into the review process." Acuity
provides corporate counsel with an improved ability to control and
predict e-discovery costs through: -- Predictable pricing: Clients
can easily predict the cost of discovery at the beginning of the
process with simple and transparent per-gigabyte or per-document
pricing options. -- Collaborate with counsel: From the beginning
and throughout the review, substantive guidance is solicited from
counsel and key documents and findings are provided for feedback.
-- Award-winning technology: Acuity integrates award-winning
Attenex and Ringtail software along with next-generation advances
in review technology. Greater collaboration is enabled through
FTI's secure hosted environment, which clients and counsel can
access at any time during the review. -- Thorough and defensible
review: FTI manages the review process with experienced reviewers
and defensible processes that are backed by statistical validation
and supporting FTI expert testimony. -- Centralized project
management: Expert project managers manage the process and are a
central point of contact for clients, providing regular, customized
reports on the status of the entire e-discovery and review project.
-- Comprehensive approach: FTI provides a broad range of
e-discovery services, so clients can seamlessly add adjacent
services, such as document collection, depending on their
particular needs. In addition, with FTI offices in every major
business center, Acuity offers the people and resources to deploy
anywhere in the world while adhering to data privacy requirements.
Separate pricing will apply to these additional services. Acuity,
which was first utilized by corporations on initial matters in
2009, is now generally available. For more information, please
visit http://www.ftitechnology.com/acuity. About FTI Consulting FTI
Consulting, Inc. is a global business advisory firm dedicated to
helping organizations protect and enhance enterprise value in an
increasingly complex legal, regulatory and economic environment.
With more than 3,500 employees located in most major business
centers in the world, we work closely with clients every day to
anticipate, illuminate, and overcome complex business challenges in
areas such as investigations, litigation, mergers and acquisitions,
regulatory issues, reputation management and restructuring. More
information can be found at http://www.fticonsulting.com/.
DATASOURCE: FTI Consulting, Inc. CONTACT: Kate Andrejack Holmes,
FTI, +1-206-373-6521, Web Site: http://www.fticonsulting.com/
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