Fios Unveils New Strategic Consulting Services to Help Clients Lower e-Discovery Costs and Risks.New Review Management Services to Help Clients Address the Most Costly, Error-Prone and Time-Consuming Phase of the e-Discovery Process PORTLAND, Ore. -- Fios([R]) Inc., a leading provider of electronic discovery and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. readiness services, today unveiled new, strategic consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" that lower the costs and risks associated with electronic discovery response. Fios' new Review Management Services help clients assess and identify gaps in existing or proposed review strategies, identify opportunities for process improvement, and implement recommendations to eliminate errors and improve attorney efficiency. Fios' Review Management Services are an expansion of the comprehensive litigation readiness services the company has been offering since 2003. "According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry averages, 75 percent of electronic discovery costs are encountered during review, with the average cost of e-discovery now nearing $2 million on complex matters," said Prashant Dubey, vice president and general manager of Fios' Discovery Management Services consulting group. "Fios' Review Management Services were developed in direct response to clients clamoring clam·or n. 1. A loud outcry; a hubbub. 2. A vehement expression of discontent or protest: a clamor in the press for pollution control. 3. A loud sustained noise. for guidance on how to contain these costs, improve efficiencies, and eliminate the errors that are so often encountered during a review." As one of the pioneers in the electronic discovery market, Fios has long provided comprehensive services for managing all phases of electronic discovery, from preservation, collection and processing through review and production. Fios' new consulting services enable clients to leverage the company's knowledge, expertise and methodologies and improve internal discovery response practices. A highlight of the areas Fios is now helping clients address includes: * Review Management Strategies - Fios' consultants will formally assess a client's overall review strategy and provide recommendations for improvements that can reduce the gaps, risks and time spent on document review. This includes reviewing the client's high-level objectives, case specifics and proposed review approach; interviewing key stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. involved in the review process; and providing recommendations on how to achieve review and production goals. * Search and Data Culling culling removal of inferior animals from a group of breeding stock. The removal is premature, i.e. before completion of its life span, disposal of an animal from a herd or other group. Strategies - Developing effective search and data culling criteria can result in dramatic cost savings and establish a foundation for meeting obligations throughout discovery. Fios' consultants will utilize a detailed protocol to analyze and develop an effective and efficient search and data culling approach. This approach is based on an assessment of the client's objectives and the proposed search terms and culling criteria, begins prior to working with collected evidence, and is designed to reduce time spent reviewing non-responsive evidence. * Workflow Design - Having a well-constructed review workflow can assure greater accuracy and efficiency, as well as utilization of people, process and technology. Fios' consultants will review the requirements and resources necessary for a given case and develop effective approaches to how the review workflow should be managed. Recommendations include strategies for organizing and assigning work, as well as protocols for managing special case needs, such as second pass reviews, redactions and foreign languages. Workflow design includes metrics and management controls to ensure goals are established and results monitored. * Work Product Quality Control - Attorney review processes need to be consistent and controlled to mitigate errors and ensure privileged information is protected. In addition to the standard services available to all clients, Fios' consultants will help clients assess internal protocols and employ quality control procedures that maximize the accuracy of the review. These quality control procedures, backed by documentation that can be presented to the court, can be applied to the review to ensure consistency amongst the review teams. Fios' Review Management Services are immediately available through Fios' Discovery Management Services consulting group and are priced on an hourly basis. For more information, visit the company's website at www.fiosinc.com. About Fios, Inc Fios, Inc. delivers services for evidence collection, processing, review and production. Fios, Inc. was named as one of the top 5 Electronic Data Discovery Service Providers in the Fourth Annual Socha-Gelbmann Electronic Discovery Survey released in August 2006 [1]. . Serving the legal community since 1999, Fios Inc. is committed to helping corporations and supporting outside counsel reduce the costs, risks and time associated with electronic discovery. Fios' IT-enabled discovery management, evidence collection, data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a , document review and production services are based on an in-depth knowledge of litigation and information technology, enabling fast, efficient and legally defensible de·fen·si·ble adj. Capable of being defended, protected, or justified: defensible arguments. de·fen discovery response. Headquartered in Portland, Ore., Fios is backed by top investors, including 3i, Fluke fluke, parasitic flatworm of the trematoda class, related to the tapeworm. Instead of the cilia, external sense organs, and epidermis of the free-living flatworms, adult flukes have sucking disks with which they cling to their hosts and an external cuticle that Ventures, FBR FBR Friedman, Billings, Ramsey Group, Inc. (investment firm) FBR Fast Breeder Reactor FBR Federal Benefit Rate FBR Foundation for Biomedical Research FBR Foundation for Blood Research FBR Fluidized Bed Reactor CoMotion, Digital Partners and Banyan banyan (băn`yən), species of fig (Ficus bengalensis) of the family Moraceae (mulberry family), native to India, where it is venerated. Its seeds usually germinate in the branches of some tree where they have been dropped by birds. Capital Partners, and has offices throughout the continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. . Fios is also the principal sponsor of the leading Internet portals: DiscoveryResources.org, ComplianceResources.org and TechnologyCounsel.org. For more information about the company and its services, visit http://www.fiosinc.com. Fios and Fios products are trademarks of Fios Inc. Other product or service names mentioned herein are the trademarks of their respective owners. |
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