FTI Consulting Launches IQ.AI Studio, Cuts 250 Days of Manual Legal Review
FTI Consulting’s IQ.AI is now used by corporate legal departments and law firms, with the new IQ.AI Studio providing a library of AI tasks for custom workflows in antitrust and investigations. Recent deployments saved 250 days of manual privilege review and processed over 3 million documents in a single litigation.
1. Global Adoption and Studio Launch
FTI Consulting has expanded adoption of its generative AI platform IQ.AI across corporate legal departments and law firms worldwide. The introduction of IQ.AI Studio adds a proprietary library of AI tasks, models and processes, enabling clients to launch and self-create custom generative AI workflows aligned with internal guidelines.
2. Demonstrated Efficiency and Cost Savings
Recent IQ.AI engagements delivered substantial time savings, including approximately 250 days of manual privilege review and automated training for technology-assisted review models that processed more than 3 million documents on schedule. The solution also extracted personally identifiable information from 1 million documents in four days and labeled 45,000 multimedia files in an intellectual property dispute.
3. Case Study in Litigation Support
In a major antitrust investigation, IQ.AI’s e-discovery data science team reduced document review time by over 50%, applying agentic AI capabilities alongside human oversight. This flexible, end-to-end approach enabled simultaneous hypothesis testing and enhanced collaboration between in-house counsel, law firms and expert advisors, underscoring the platform’s scalability across complex legal matters.