DENVER, May 3, 2017 /PRNewswire/ -- Catalyst, the company that designs, hosts and services the fastest and most scalable document repositories for e-discovery and regulatory compliance, today announced the return of its money-back, unqualified guarantee for Insight Predict, the award-winning technology assisted review platform based on an advanced Continuous Active Learning protocol.
"We are so confident of Predict's value that we are once again offering this unconditional, money-back guarantee," said John Tredennick, Catalyst's founder and CEO. "If our new clients are not completely satisfied with the value of using Insight Predict on their next case, we will refund all the fees paid to use it, with no questions asked."
Since Catalyst last offered its money-back guarantee in 2015, it has seen a stunning 700 percent rise in the use of Predict, the first commercial TAR platform to use the Continuous Active Learning protocol. During the last two years, Catalyst clients have successfully used TAR in more than 225 cases.
Although some legal professionals remain fearful of trying new technologies, wider adoption of TAR in recent years has been spurred by two predominant factors. One, independent studies have consistently shown CAL to be more effective in reducing the time and cost of review than other TAR methods. Two, courts now routinely endorse TAR for discovery, with one judge declaring TAR's acceptance by the courts to be black-letter law.
A recent survey by Bloomberg BNA demonstrates that lawyers are seeing the value of TAR. The survey found that 87 percent of TAR users had found it to be either "very effective" or "somewhat effective" in reducing litigation costs.
Insight Predict finds relevant documents more easily and quickly than first-generation predictive coding products, saving users substantially in review costs and time. Fast, flexible and effective, Insight Predict can be used for review, inbound productions, ECA and regulatory investigations.
Catalyst is offering the guarantee to new clients who try Insight Predict on their next case. If they are not completely satisfied with the value they receive using Insight Predict within the first 90 days, Catalyst will refund the cost of all site setup, data loading, processing, hosting and archive charges.
Catalyst designs, hosts and services the world's fastest and most powerful document repositories for large-scale discovery and regulatory compliance. For more than 15 years, corporations and their counsel have relied on Catalyst to help reduce litigation costs and take control of complex legal matters. To learn more, visit catalystsecure.com or follow the company on Twitter at @CatalystSecure.
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