ASX-Dividend-Report-Banner

Relativity Announces General Availability of Relativity aiR for Review at 15th Annual Relativity Fest

September 27, 2024 01:15 AM AEST | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 Relativity Announces General Availability of Relativity aiR for Review at 15th Annual Relativity Fest
Image source: Kalkine Media

The conference keynote underscored how Relativity and its community are innovating together to shape technological transformation in the legal industry

CHICAGO, Sept. 26, 2024 /PRNewswire/ -- Relativity, a global legal technology company, announced the general availability of its generative AI-powered document review solution, Relativity aiR for Review, at Relativity Fest. In today's keynote address, the company showcased how it's collaborating with and empowering its community to tackle today's most pressing legal data challenges through Relativity aiR, its generative AI suite built in RelativityOne, enhancements to streamline the end-to-end experience, and solutions to address emerging use cases.

Relativity
Relativity

"Legal professionals have been eagerly awaiting and long discussing the imminent shift in how generative AI can be applied to solve increasingly complex legal challenges driven by a new era of data discovery," said Phil Saunders, CEO of Relativity. "We're no longer on the precipice of this profound change, we are fully immersed in this seminal moment, and we're not just anticipating technological transformation — we're working with our user community to thoughtfully shape it together." 

Unlocking the Future of Legal Review with Generative AI
In last year's Relativity Fest keynote address, the company unveiled plans to harness the power of generative AI to accelerate and elevate the quality of document review, a crucial component in uncovering relevant evidence in legal proceedings and investigations. Since the limited availability launch of aiR for Review in January, Relativity has collaborated with over 50 customers and partners to test the solution on millions of documents across over 170 workspaces and matters. By conducting testing and gathering feedback, Relativity can deliver purposeful AI with usefulness and responsibility top of mind.

By using aiR for Review, customers have delivered immense cost savings and higher quality results to their clients, cutting project time in half, and finding over 96% of responsive documents across multiple analyses. The solution's ability to analyze thousands of documents per hour supports the use of generative AI across the most multifaceted projects, such as a recent analysis of over one million documents completed by global advisory firm, Teneo, earlier this month.

"We've used Relativity aiR for Review on multiple live projects with tremendous success," said Mike Cichy, Regional Manager of Litigation Support at Foley & Lardner LLP. "In one case, we had an extremely tight production deadline; aiR for Review completed the review, which would have taken over 15 people and three weeks of time, in less than one week, all while delivering results that far outperformed what we've seen in traditional human review."

This year's keynote address also highlighted Relativity's next generative AI solution to revolutionize review — Relativity aiR for Privilege. aiR for Privilege accelerates first-pass privilege review through automation, pinpointing privileged information and reducing disclosure risks with speed and accuracy. aiR for Privilege helps attorneys create privilege logs in a fraction of the time with AI that understands privileged material and generates log descriptions, enabling customers and partners to quickly yet confidently protect their clients' sensitive information. The solution is expected to be generally available by the end of the year. aiR for Privilege launched for limited availability in the U.S. in April and currently has 15 partners and customers participating in the program. Relativity is expanding the program to include additional partners and customers looking to test and further develop the solution. Troutman Pepper eMerge is currently using aiR for Privilege and has reported they expect it to cut privilege review time by more than 50%.  

"Relativity aiR for Privilege's ability to use AI to identify privileged content more accurately and efficiently, while also drafting descriptions of why documents are privileged, is really promising, and will help drastically reduce the time needed to conduct this expensive and nuanced component of document review," said Alison Grounds, Managing Partner at Troutman Pepper eMerge. "We've been able to get hands-on experience using the tool and have really enjoyed the ability to provide feedback on how to enhance the solution even further."

The keynote also touched on Relativity aiR for Case Strategy, which makes it faster and simpler for litigation attorneys to extract facts, craft case narratives, and prepare for depositions and trial. aiR for Case Strategy is currently in advanced access with 15 customers and is slated to be generally available in early 2025.

Customers and partners interested in helping design cutting-edge generative AI solutions for privilege review and case strategy should inquire about early access programs by contacting their RelativityOne representative.

Streamlining Modern Data Collection
In the keynote, Relativity showcased new solutions for seamless modern data collection, delivering a stronger end-to-end user experience. 

This year, a new integration with RelativityOne and Cellebrite's Endpoint Inspector and Mobile Now products will be generally available. The integration with Cellebrite, a global leader in premier digital investigative solutions, offers a comprehensive end-to-end solution, making it easier for custodians and cutting the time to collect, process and review mobile data from days or weeks to just a few hours.

Additionally, a recently announced integration with OpenAI's ChatGPT Enterprise Compliance API allows ChatGPT Enterprise customers to seamlessly collect and process human-to-AI conversational data using Collect in RelativityOne.

Navigating New Legal Challenges with Relativity Data Breach Response and Contracts
With the widening risk landscape, legal professionals must now navigate emerging challenges like data breaches and complex contract analysis. Data breaches have become increasingly prevalent, requiring response processes that enable quick decision making and action. To support this, Relativity offers Relativity Data Breach Response which leverages AI to help RelativityOne users respond to data breaches with accuracy and speed. New updates to further enhance the tool include a report that simplifies the entity deduplication experience and a dashboard that gives an at-a-glance view of the data breach response impact.

The growing complexity and volume of contracts legal teams are tasked with managing demands meticulous analysis to identify potential risks and ensure compliance with evolving legal standards and regulations. Relativity Contracts transforms agreements into actionable, structured data that reveal accurate insights resulting in faster and more favorable decisions. Before the end of the year, Contracts will come with purpose-built AI to automatically identify over a dozen of the most critical contract data points as well as the rationale and confidence of the data points discovered. This Essential Fields model powered by generative AI will be available out of the box as a default analysis option.  

"Having additional RelativityOne solutions, like Contracts and Data Breach Response, available in the same platform we already innovate on top of today is impactful because it means we can apply our expertise to solve new challenges for customers and expand our business," said David Nides, Principal at KPMG LLP. "These capabilities empower us with greater efficiency and actionable insights to transform our customers' contract analysis and breach processes."

About Relativity Fest 
Relativity Fest is an annual conference designed to educate and connect the legal data community. Taking place Sept. 25-27 in Chicago, it's a premier event for legal and tech professionals to talk shop, connect with peers and learn from each other. Learn more about keynote announcements in this blog authored by Relativity Chief Product Officer, Chris Brown.  

About Relativity  
Relativity makes software to help users organize data, discover the truth and act on it. Its SaaS product, RelativityOne, manages large volumes of data and quickly identifies key issues during litigation and internal investigations. Relativity has more than 300,000 users in approximately 40 countries serving thousands of organizations globally primarily in legal, financial services and government sectors, including the U.S. Department of Justice and 198 of the Am Law 200. Please contact Relativity at [email protected] or visit www.relativity.com for more information.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.