Download Major Bank Slashes Review Costs with Innovative E-Discovery Technology

Catalyst’s Insight Predict Cuts Production Review Costs by 94%

Our client was a large banking institution embroiled in nasty litigation with a now-defunct borrower. The bank alleged it lost millions due to the borrower’s principals’ accounting fraud. Legal shots were fired, excuses ran rampant and the parties went hard at each other to see where the blame would end up. Bring on the discovery.

Responding to a production request, our client conducted an extensive investigation to find responsive documents. Even after using a variety of techniques to cull those that it found, it was still left with over 2.1 million that needed consideration. Further keyword searching might have resulted in more reductions but the team wasn’t comfortable with what that process might miss.

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Catalyst designs, builds, hosts and supports the world’s fastest and most powerful e-discovery platform. For 20 years, Catalyst has helped global corporations reduce the total cost of discovery and take control of complex, large-scale discovery and regulatory compliance.

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