Prestigious Annual Awards Program Recognizes Innovative Companies, Products, and Services Supporting the Legal Field
TYSONS, Va., November 17, 2021 – Casepoint, a leader in cloud-based legal technology solutions, today announced it has been selected as winner of the “Predictive Analytics Solution of the Year” award in the second annual LegalTech Breakthrough Awards program conducted by LegalTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout legal technology companies, products, and services around the globe.
The mission of the annual LegalTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions, and products in the legal technology industry today. This year’s program attracted more than 1,300 nominations from over 12 different countries throughout the world.
Casepoint’s technology features fast, enterprise-class solutions for full-spectrum legal discovery. CaseAssist is Casepoint’s artificial intelligence (AI) and advanced analytics suite built into Casepoint’s broader cloud-based Legal Discovery platform. Its capabilities help legal teams by automating the identification and prioritization of key information during document review. The predictions generated by CaseAssist allow users to avoid manual review of documents that are near certain to be irrelevant – potentially saving thousands or even millions of dollars in review time.
Important documents are highlighted with CaseAssist by identifying patterns and key themes without labor-intensive search queries or creating training sets. The search feature is enhanced by word sense diagrams, phrase clusters, and similar expressions to capture necessary documents that may otherwise be missed. CaseAssist’s AI algorithms accelerate the discovery process, locating crucial documents and aiding in decision-making regarding case assessment.
Additionally, Casepoint’s CaseAssist Active Learning anticipates the users’ behavior and what users are looking for by leveraging prediction models that notice cues from legal teams. The solution then translates into actionable insights and document recommendations, resulting in significantly reduced review times. Lastly, the solution prioritizes documents for relevance, and it is also helpful when identifying documents for potential privilege, thereby making the review process much more efficient, and reducing the chance of costly or damaging litigation.
“Both firms and legal departments recognize that the use of analytics increases efficiency and competitiveness. 70% of law firms are now using analytics for both the practice and business of law. Analytics are used when it comes to case strategy, early case assessment, litigate-or-settle decisions, and more,” said Bryan Vaughn, Managing Director of LegalTech Breakthrough Awards. “CaseAssist is just one aspect of the end-to-end, integrated, AI-driven Legal Discovery platform that Casepoint has created for today’s market and the increasingly complex challenges of tomorrow. Congratulations on winning ‘Predictive Analytics Solution of the Year.’”
Over the last decade, Casepoint has enhanced its platform that delivers a seamless, scalable solution and anticipates the needs of clients to help them conduct legal discovery more effectively and, ultimately, help their bottom line.
“At Casepoint we are consistently pushing the boundaries of legal technology to help clients all over the world,” said Vishal Rajpara, co-founder and Chief Technology Officer at Casepoint. “Innovation has been part of Casepoint’s DNA from the very beginning, and Casepoint is dedicated to continually breaking new ground in order to create a legal ecosystem for the future.”
Trusted by leading corporations, government agencies, law firms, and legal service providers, Casepoint empowers organizations to maximize efficiency and reduce risk with its innovative legal discovery platform. Casepoint’s robust, cloud-based, highly scalable, and secure legal discovery platform is designed to easily manage increasingly complex litigation, investigation, and compliance needs. Casepoint’s Legal Discovery Platform offers robust capabilities including cloud collections, data processing, advanced analytics, artificial intelligence, review, and production – all in an easy-to-use web interface. Casepoint’s Legal Discovery Platform is next-generation legal technology that will enable your organization to increase productivity, efficiency, and business results.
About LegalTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the LegalTech Breakthrough Awards program is devoted to honoring excellence in legal technologies, services, companies, and products. The LegalTech Breakthrough Awards program provides a forum for public recognition around the achievements of LegalTech companies and solutions in categories including Case Management, Client Relations, Data and Analytics, Documentation, Legal Education, Practice Management, eDiscovery, and more. For more information visit LegalTechBreakthrough.com