Latest news with #Epiq
Zawya
05-08-2025
- Business
- Zawya
Epiq unveils agentic AI platform as part of the epiq service cloud
Epiq announced today a first-of-its-kind agentic AI platform for the legal industry combining proprietary Epiq technology, best-in-class third-party technology, and support from Epiq service professionals. In today's disruptive environment, the legal industry is providing greater value at a pace never seen before. Agentic AI supplies enhanced decision-making capabilities bringing a new level of effectiveness and efficiency that traditional technologies cannot achieve. Built as part of the Epiq Service Cloud and grounded in legal expertise, the Epiq agentic AI platform provides a unified and scalable framework for connecting and orchestrating multiple Epiq-made and third-party agentic AI technologies tailored for legal workflows. Corporate legal departments and law firms have ready access to transformative technology underpinned by human oversight in critical areas including contracts, litigation, knowledge management, compliance, antitrust, internal and government investigations, cyber incident response, data security, and legal operations. 'AI agents offer more than incremental change — they transform legal work by embedding intelligence directly into workflows, allowing teams to move faster, reduce risk, surface new insights, and unlock sources of value and innovation, ' said Roger Pilc, President and General Manager of Global Legal Solutions, Epiq. 'The Epiq Service Cloud brings together the best in agentic legal technology to create a platform purpose-built for the legal industry.' The Epiq Service Cloud includes proprietary Epiq agentic offerings that assist with eDiscovery, deposition and witness statement preparation, early case resolution, privilege review, cyber response, HSR disclosures, antitrust matters, knowledge management, and translations. Third-party technologies, including ContractPodAI, RelativityOne, Canopy, and Microsoft Copilot custom agents, are integrated into the Epiq ecosystem. By combining these specialized agents and applications, legal professionals can efficiently complete complex tasks, reduce time and costs, and receive decision support for future work demands. 'Our firm is committed to appropriately using agentic AI to deliver legal services,' said Matthew Schwartz, Partner, Sullivan & Cromwell LLP. ' Epiq AI Discovery Assistant™ has allowed us to take a surgical approach to complex document reviews, increasing productivity by up to 10 times while achieving 90 percent recall and 70 percent precision. These results allow our teams to work more efficiently and at a pace we have never seen before.' Epiq is accelerating the adoption of AI by offering support and change management expertise. Epiq teams assist at every step, eliminating potential challenges and enabling a rapid transition from pilot to full-scale implementation of AI in workflows for corporate legal departments and law firms. The Epiq Service Cloud has more than 2,600 clients and more than 65,000 registered users. Here are some real-world examples of how the Epiq agentic AI platform and Epiq services have been used to deliver impactful results: A major commercial bank and leading law firm used Epiq agentic AI and Discovery Review Services to expedite tagging of eight million documents in response to regulatory subpoenas, reducing the number of reviewers needed to meet the deadline by more than 90 percent. Am Law 25 law firm transformed review, fact interrogation, deposition preparation, and early case assessment workflows using Epiq AI agents, saving more than $10 million in pass-through document review fees. A large construction company streamlined preparations for 41 depositions set for three weeks after receiving the incoming production, using Epiq agentic AI and Epiq Case Insights™ to reduce the time needed to create fact sheets, timelines, and deposition memos from months to 36 hours per deponent. A multinational insurance company streamlined preparation of HSR pre-merger filings by using Epiq agentic AI and Epiq service teams to handle repeatable processes, reducing review effort by 80 percent. A global law firm deployed an Epiq designed and built AI-enabled knowledge platform that augments core knowledge processes to provide more than 3,500 lawyers with improved ability to search and leverage firm know-how. 'Epiq is steadfast in its commitment to AI innovation,' said Manish Vazirani, Chief Technology Officer, Epiq Legal Solutions. 'Our investment in the Epiq Service Cloud brings AI agents together to collaborate dynamically, interpret fragmented data in real time, and execute multi-step legal tasks while flagging risks to human reviewers. By connecting the agents with Epiq expertise and support, our clients can infuse legal workflows and compliance management with greater accuracy, efficiency, and scalability.' Built over the last five years on Microsoft Azure and Amazon Web Services technologies, the Epiq Service Cloud is connecting clients with leading AI technologies, data, and legal industry knowledge to optimize the delivery of legal services. Epiq strictly adheres to data sovereignty and privacy laws, and Epiq Service Cloud has undergone the Service Organization Control (SOC) 2 Type 2 accreditation. Proprietary and third-party agents will continue to be added to the Epiq Service Cloud along with custom workflows built by clients. Epiq is inventing new ways to solve evolving challenges in legal service delivery working through Epiq AI Labs™ — a community of technologists, academics, and industry leaders focused on building foundational technology. Copyright © 2022 - All materials can be used freely, indicating the origin Provided by SyndiGate Media Inc. (
Toronto Star
31-07-2025
- Business
- Toronto Star
Epiq Billing Services Transforms Legal Billing Process at Am Law 100 Firm
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) — Epiq announced today a new partnership with an Am Law 100 firm to provide Epiq Billing Solutions — the premier, reliable, secure solution to stabilize cash flow, reduce costs, and improve overall efficiency. Epiq delivers end-to-end billing solutions designed specifically for the complex needs of law firms to enhance financial operations and accelerate cash flow. By leveraging deep expertise across major billing platforms, such as 3E/Elite, Aderant, BillBlast, LawPay, InTapp Billstream, Collaborati, eBilllingHub, CounselLink, and Tymetrix, Epiq is able to proactively resolve invoice rejections, streamline workflows, and deliver measurable results.
Hamilton Spectator
31-07-2025
- Business
- Hamilton Spectator
Epiq Billing Services Transforms Legal Billing Process at Am Law 100 Firm
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) — Epiq announced today a new partnership with an Am Law 100 firm to provide Epiq Billing Solutions — the premier, reliable, secure solution to stabilize cash flow, reduce costs, and improve overall efficiency. Epiq delivers end-to-end billing solutions designed specifically for the complex needs of law firms to enhance financial operations and accelerate cash flow. By leveraging deep expertise across major billing platforms, such as 3E/Elite, Aderant, BillBlast, LawPay, InTapp Billstream, Collaborati, eBilllingHub, CounselLink, and Tymetrix, Epiq is able to proactively resolve invoice rejections, streamline workflows, and deliver measurable results. 'Partnering with Epiq underscores our dedication to legal innovation so that we can elevate efficiency and output while maintaining the high standards our clients expect,' said the firm's Chief Financial Officer. 'Epiq has a proven track record in driving process improvement in the legal billing space. The support provided by Epiq is strengthening our ability to overcome challenges in tracking billable hours while boosting productivity and ensuring compliance with complex billing guidelines.' Leveraging Epiq subject matter experts well-versed in common law firm applications and supported technological processes, including AI, law firms are now able to realize faster turnaround times, quicker invoice generation, reduced invoice errors, and improved cash flow. Epiq Billing Solutions is a proprietary billing solution where Epiq clients can expect to expedite: Services are provided by talented billing experts in Epiq Global Resource Centers , which provide 24/7/365 administrative and middle office support to some of the largest global organizations across the legal, financial, and corporate sectors. 'Our highly skilled billing specialists don't just respond to errors, they proactively identify patterns and streamline processes across all major legal billing systems,' said Michelle Connolly , Senior Vice President of the Global Business Transformation Solutions business at Epiq. 'Firms can now maximize realization rates, invoice faster, and reduce errors and lengthy appeals, ultimately leading to improved efficiency and profitability.' Epiq uncovered that the average law firm experiences an 18 percent realization loss due to billing challenges. 'This means that nearly one-fifth of billable work is not converted into revenue, negatively impacting a firm's profitability,' Connolly said. 'Even more, 81 percent of firms report having issues with a significant portion of invoices remaining unpaid or delayed, creating real cash flow challenges. These problems – coupled with resource constraints and the need for continuous training – highlight the importance of streamlining billing operations.' Epiq routinely works with the top law firms in the world to provide technical expertise and best practices so they can focus on core competencies and more strategic activities. By outsourcing business transformation services , such as billing , marketing and creative services , administrative support , office services , and records and information governance , law firms are able to increase efficiency, improve cost-effectiveness, centralize processes, add scalability, and standardize outputs. About Epiq Epiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 18 countries, our values define who we are and how we partner with clients and communities. Learn how the approximately 6,100 Epiq people worldwide create meaningful change at . Press Contact Carrie Trent Epiq, Senior Director of Corporate Communications and Public Relations
Time of India
28-07-2025
- Automotive
- Time of India
VW's Skoda posts 12% profit rise in H1 as electric sales grow
Skoda Auto , a Volkswagen unit, increased the share of electric vehicles in its sales mix in the first half of the year and posted a nearly 12 per cent rise in operating profit to 1.3 billion euros ($1.52 billion), it said on Monday. The Czech carmaker's revenue for the first six months rose nearly 12 per cent year on year to 15.1 billion euros. Deliveries were up 14 per cent to 509,400 vehicles in the period. Around 23 per cent of those deliveries were either fully electric or plug-in hybrid models, up from 9.4 per cent in the first half of last year, the company said. Chief Executive Klaus Zellmer said customers had placed more than 120,000 orders for Skoda's all-electric Enyaq and Elroq models by the end of June, highlighting progress in its electrification strategy. European automakers have booked multi-billion-euro losses and issued profit warnings as they struggle to handle competition from China, U.S. import tariffs, and EU regulations aimed at speeding up the EV transition. "Sales relative to the overall market performance, we are doing good," Zellmer told journalists in a video conference. While overall car sales have fallen in Europe this year, sales of electric vehicles - a priority segment for companies like Skoda Auto - have been rising. Zellmer said the company sees big potential with the new Epiq, an electric SUV priced at 25,000 euros that will target entry-level consumers. It plans to launch the Epiq in the first half of 2026. "We put a lot of hope or I would even say ... expectation on that car," he said. "Our current rate of electrified drive train sales ... has to go up." In the European market, Skoda delivered 409,100 vehicles to customers, an increase of nearly 11 per cent that outperformed the overall market and was underpinned by the sales of 72,000 electric vehicles and 21,400 plug-in hybrids, the company said. Skoda also achieved record results in India where it delivered 33,000 vehicles, representing year-on-year growth of 108 per cent, the company said.
Hamilton Spectator
08-07-2025
- Business
- Hamilton Spectator
Epiq Bolsters its Leadership of Class Action Administration in the UK and Europe with the Acquisition of Case Pilots
NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Epiq announced today that it has acquired Case Pilots, one of the UK's leading claims administration companies. Epiq is the world's leading class actions and claims administrator and the largest in North America. The firm's stellar reputation is evidenced through the successful management and distribution of some of the largest settlements in history. With over 30 years' experience, clients rely on the deep bench of Epiq experts for guidance in driving cases forward and helping to deliver positive outcomes in the highest-profile and most-complex collective actions in the world. Epiq has been supporting Class Representatives and law firms bringing collective actions in the UK since the Consumer Rights Act was passed in 2015. In addition to building on the expertise and technology solutions delivered to clients, this acquisition expands Epiq's offering in the market to include the administration of group litigation, reinforcing its position as a global leader in the space. Case Pilots employees have joined Epiq, including Co-founder and CEO Clare Ducksbury, who will now serve as Senior Vice President, Epiq Class Action Solutions Europe, and Co-founder and Chief Information Officer Clinton Smith, who will join Epiq's product development team in a leadership role. The Case Pilots team has a solid track record of providing strategic consulting advice to law firms tackling the challenges posed by collective actions in the UK and Continental Europe. Nicole Hamann , President of the Class Action, Remediation, and Mass Tort business at Epiq, said, 'The acquisition of Case Pilots marks a significant milestone and reinforces and expands the ability of Epiq to deliver claims management services to clients across the globe by strengthening our foothold in the UK and Europe. The excellent reputations of Clare, Clinton, and the Case Pilots team in the UK market is well-earned and we look forward to what we will accomplish together for our clients.' Commenting on the acquisition, Clare Ducksbury said, 'We are delighted to be joining forces with Epiq, who is the global leader in this space, and we look forward to expanding the breadth of technology solutions and expertise that we can offer to our much-valued clients. Our team has a strong track record of supporting group and collective actions in the UK and Europe, and we are all very excited about what's ahead.' Epiq Class Action and Claims Solutions operates globally including in the US, UK, Canada, Australia and Europe. Epiq has been ranked first among claims administrators by Institutional Shareholder Services Securities Class Action Services for the last seven years, having administered most of the largest US class actions settlements exceeding a total of $35 billion in value. Leveraging advanced technology and rigorous data security protocols, Epiq works with the Courts, settling parties and class members to efficiently and securely manage and distribute class action and mass tort settlements. About Epiq Epiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 19 countries, our values define who we are and how we partner with clients and communities. Learn how Epiq and its 6,100 people worldwide create meaningful change at . Press Contact Carrie Trent Epiq, Senior Director of Communications and Public Relations A photo accompanying this announcement is available at
