AI assists in uncovering evidence of potential bribery
A I • May 06,2024
Summary:
A company utilized an AI-powered compliance tool to boost its internal bribery investigation. The company efficiently reviewed more than three million documents and identified 25 documents indicating potential bribery issues.
Client:
A global real estate company
Problem Statement:
After discovering evidence of wrongdoing within its supply chain, a global real estate company sought additional information relevant to their investigation. The company’s main goals were to uncover more evidence of potential bribery and associated misconduct and to efficiently review over three million documents in a cost-effective manner.
Results:
- 3,231 documents were ranked and reviewed by Aiscension.
- One lawyer was able to run the whole review.
- 561 documents were marked as important for the investigation of the company’s cartel activities.
- 25 documents were found indicating risks of bribery, including falsifying project costs, gifts and entertainment, misuse of company funds.
- As a result of the audit, convincing evidence was obtained, which prevented large fines, criminal sanctions and lasting damage to a firm’s brand and reputation.
- 67 hours to complete the review compared to 9,500 hours for a conventional review.
- Verification was performed 99.3% faster than traditional technology-assisted and manual verifications.
AI Solution Overview:
Aiscension is a cartel risk-management service that leverages AI to assist businesses in strengthening compliance efforts by detecting and preventing cartel activities. Aiscension is transforming risk detection by combining DLA Piper’s legal expertise with advanced AI technology from Reveal, a leading provider of AI-powered e-Discovery software.
This innovative service enables clients to identify potential involvement in illegal activities at an early stage, allowing them to take timely and appropriate action to prevent any harm. Aiscension has the capability to analyze large volumes of data related to various forms of cartel activity, including price fixing, market sharing, bid rigging, information exchange, and collective boycotts.
Aiscension’s AI model is trained by DLA Piper lawyers and optimized in collaboration with Reveal data scientists to efficiently identify and explore corporate electronic communications that may indicate cartel behavior. DLA Piper’s antitrust and competition practice group’s expertise was utilized to help Reveal code software to detect anti-competitive business behavior in different international markets and uncover cartels.
To minimize false positives, the software’s assessment is later reviewed by a DLA Piper attorney to determine if the client’s company is at risk.
References:
- Aiscension: Use AI to detect bribery. https://www.dlapiper.com/en/about-us/law-and/aiscension-use-ai-to-detect-bribery?utm_source=linkedin_company&utm_medium=paid-social&utm_campaign=lawand&utm_term=global&utm_content=image-capabilities
- DLA Piper launches Aiscension in collaboration with Reveal. https://resource.revealdata.com/en/press/dla-piper-aiscension-collaboration-reveal-cartels
- DLA Piper Launches Aiscension in Collaboration with Reveal: eDiscovery News. https://ediscoverytoday.com/2021/03/15/dla-piper-launches-aiscension-in-collaboration-with-reveal-ediscovery-news/
- DLA Piper Launches New Tech Provider in Collaboration With E-Discovery Company Reveal. https://www.law.com/legaltechnews/2021/03/15/dla-piper-launches-new-tech-provider-in-collaboration-with-e-discovery-company-reveal/?slreturn=20240405163938
Industry: Legal Services
Vendor: DLA Piper, Reveal
Client: A global real estate company
Publication Date: 2021