Case Study: a large bank achieves an 81% document reduction with Epiq Case Insights

Codefendants Reduce Huge Data Set in a Price Fixing Class Action

The client, a group of 15 large banks, faced the challenge of managing an immense data set of over 2.3 million documents for a complex class action. They engaged Epiq and its Case Insights ECA service to cull this volume into a manageable number of documents for review.

Epiq's solution involved analyzing metadata and text to first exclude a massive number of non-relevant documents. They then refined the population further through detailed search term analysis. This process successfully culled over 1.9 million documents, an 81% reduction that resulted in an estimated $1.9 million in cost savings for the client.