WEST PALM BEACH, Fla., June 26, 2012 /PRNewswire/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its FTI Technology business practice is launching Version 8.2 of its global Ringtail® e-discovery software. The easy-to-use software offers numerous new features to reduce the cost of e-discovery, including fully integrated visual analytics to support faster and more accurate legal reviews for global corporate and law firm Ringtail® users.
"For those of us who have used Ringtail® and other review tools in litigation, enhancements such as an improved user interface, a master repository and advanced analytics are significant, and we think FTI Consulting is smart to focus on these features in the latest version of Ringtail®," said David Horrigan, Analyst for E-discovery and Information Governance at 451 Research. "Even the most robust review tool is of little value if attorneys find it difficult to use, making the user interface a critical feature. In addition, a master repository is an important asset for corporate legal departments' cross-matter management needs, and advanced analytics make the entire e-discovery process more efficient when locating electronic evidence for court proceedings."
Using Ringtail® software, e-discovery teams at corporations and law firms can take very large datasets, run sophisticated search queries and then securely automate the review workflow. With a redesigned and fully integrated Document Mapper interface, reviewers easily can toggle between list views and visualization features for more efficient reviews. Ringtail® 8.2 further speeds e-discovery through new tools and usability shortcuts, including customizable color coding of key concepts, coding hints, enhanced "find similar" features and more robust production capabilities.
Multi-Matter Repository, Deposition Preparation Show Strength, Versatility of Ringtail Platform
Ringtail's ability to handle matters with tens of millions of documents, as well as advanced analytics features, empowers current Ringtail clients to achieve greater productivity and cost savings, including:
- Multi-Matter Repository: Ringtail® 8.2's scale and flexibility will allow users to create a master repository of data that already has been collected and processed. Data in the master repository can be used across multiple matters, enabling the reuse and retention of valuable attorney work product such as privilege calls while also avoiding unnecessary reprocessing of data.
- Deposition and Trial Preparation Analytics: Ringtail® 8.2's analytic capabilities will help counsel more quickly mine produced documents in order to prepare for depositions or trial.
"Our experience working with corporations and law firms on their diverse portfolios, and often on the leading edge of e-discovery issues, helps drive innovation on the Ringtail platform," said Jessica Block, a Senior Managing Director within the FTI Technology practice. "With Ringtail® 8.2, law firms can benefit from better deposition preparation and work product reuse."
Ringtail® 8.2 provides a complete e-discovery solution that combines case management and document review in a single platform. This includes impressive data analytics and visual review tools that dramatically increase the productivity and efficiency of legal review. In total, Ringtail® 8.2 is a powerful e-discovery platform with flexible deployment options and market-leading functionality designed to significantly improve reviewer productivity and reduce the overall costs of e-discovery.
Over the summer, FTI Technology will host a series of product demonstrations for particular use cases beginning with a webcast this morning on "Strategies for Cost-Effective Review That Don't Sacrifice Quality." To register for today's event, please click here.
Ringtail® 8.2 now is available for on-demand and on-premise clients. For more information on Ringtail® 8.2 or FTI Technology, please visit www.ftitechnology.com.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal year 2011. More information can be found at www.fticonsulting.com.
SOURCE FTI Consulting, Inc.