The short version
Managed review is the practice of outsourcing document review under a single, accountable contract — staffing, scope, infrastructure, QC, and reporting all bundled. You sign one statement of work, get one project manager, and receive one production at the end.
Why it works
A specialized partner amortizes overhead across many matters and keeps a deeper bench than any one client could justify. That gives you faster ramps, higher quality floors, and predictable economics.
When it doesn’t fit
Tiny matters where the overhead exceeds the savings, and politically sensitive reviews where the work needs to stay inside the firm. Everything in between is a candidate.