Further analysis showed that Text IQ’s AI identified 99.9% of the documents ultimately withheld by Reed Smith as privileged. Furthermore, and most significantly, “Text IQ found 50 additional privileged documents that the traditional privilege screen missed,” Cohen noted after reviewing the side-by-side results.
Text IQ’s AI solution was able to remove more than 28% of the documents that the traditional privilege screen identified as potentially privileged, thereby significantly reducing the resources needed for further review. This reduction in human review time meant not only cost savings but also increased attorney satisfaction, as higher-level attorneys didn’t have to spend additional hours reviewing those false positives. In short, Text IQ’s solution was more accurate, faster, and less burdensome than a review relying on a traditional privilege screen.
*Assumptions based on typical contract review rates.