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LTNY in the Rearview Mirror
Posted By Chris Wilen On February 9, 2012 @ 3:37 pm In Home Page Featured,Home Page Latest,Sound Evidence,Uncategorized | 1 Comment
Tired feet, goody bags filled with tradeshow swag, a few lucky winners of iPad prizes and minds on overload – another LTNY is over.
Attendance was strong, maybe even better than last year. The vendor-customer ratio was nicely balanced, and the crowd was a good mix of lawyers from big firms, solo practitioners, litigation support folks and service providers.
Those who spent the long days in booths on the show floor report that traffic was good. People visited the vendor exhibits to get booth-scans, catch up with peers and, most importantly, learn about new or improved product and service offerings.
Networking is always a large draw for show participants, but LTNY also provides an excellent learning environment via organized sessions and ad hoc discussions with experts. Roving reporter Colin O’Keefe captured some great shorts as he interviewed
e-discovery celebs throughout the event (e.g., Ari Kaplan  and Ralph Losey ).
As expected, LTNY content was well-received, with high marks for excellent speakers and topics. Predictive coding dominated the sessions. Most agreed that it is coming – you should be prepared – but even the most enthusiastic advocates cautioned it does not necessarily replace humans. Two primary drivers for adoption emerged: 1) skyrocketing costs associated with human review teams, especially when data volumes are very large; and 2) superior accuracy of technology-assisted review, which is not susceptible to the random errors and inconsistencies of humans, and which can identify and remediate inaccuracies through a process of iteration.
In addition to the excitement about predictive coding, cloud-based data and ECA were also hot topics. Another common theme might be summed up with the phrase “methodology matters” – that is, business process is critical and must be well understood before you can make real progress in improving efficiency and controlling costs.
Finally, as folks headed home from the LTNY show, there was a shadow at Gobbler’s Knob; Punxsutawney Phil, America’s favorite rodent, predicted that an early spring is unlikely. Six more weeks of winter got you down? No problem. Head to Florida in early April for ACEDS  to get out of the cold and get another dose of full-immersion
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URL to article: http://www.discoveryresources.org/uncategorized/ltny-in-the-rearview-mirror/
URLs in this post:
 Ari Kaplan: http://lxbn.lexblog.com/2012/02/02/ari-kaplan-industry-analyst-and-author-of-reinventing-professional-services-on-corporate-counsel-survey-and-the-future-of-legal-technology/
 Ralph Losey: http://lxbn.lexblog.com/2012/01/31/ralph-losey-of-jackson-lewis-on-predictive-coding-and-transparency-in-e-discovery/#.TygY7HALkV0.twitter
 ACEDS: http://aceds.org/conference
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