Case Study :: Firm escapes SEC sanctions thanks to quick response from ILS

• Challenge
  A prominent Delaware law firm had less than four days to begin production for an SEC violation hearing. Only two of the ten custodians’ data was collected and none of the information had yet been processed for review. With the Christmas holiday looming, the attorneys assigned to the case were in a panic. In order to satisfy the SEC requirements, a review and multiple production scenario was needed.
   
• Solution
  ILS recommended an on-line “rolling” review using the EDGE review tool. As new data arrived, ILS staged the data allowing the attorneys to continue reviewing documents while simultaneously producing Summation load files to the SEC for production. Upon completion of the initial production, the remaining eight custodians’ files were collected, processed and reviewed.
   
• Results
  In fewer than 12 hours from the initial receipt of data, ILS’ solution was selected and the attorneys began reviewing documents. The rolling review and production ultimately lasted six weeks, with a total of 90GB of data processed. The entire review was conducted online using ILS’ EDGE review tool in less time than some service providers proposed they would even be able to have a project engineer on site to being working on the project.
  
  The firm met all SEC requirements for the data production and was exempt from sanction.