But in addition to their inability to justify ediscovery to their clients, lawyers often have an irrational fear of
ediscovery costs being out of control.
The value of email management is massive, from reducing risk and
eDiscovery costs to improving user productivity.
eDiscovery costs are on the rise and explosive data volumes are the primary culprit for these increases.
When looking to reduce litigation and
eDiscovery costs, the first step is to evaluate your current spending.
In the first Part of this series, we reviewed the relationship between data volumes and
eDiscovery cost — particularly for review, and we reviewed data targeting steps you can take before litigation arises.
Not exact matches
As more and more firms have entered the
eDiscovery marketplace, competition among them for technological advancement has resulted in lower
costs to litigators and shortened review time.
Co-founded by Puneet Tiwari and Nilesh Pandey, Evichat is an
eDiscovery tool that reduces
costs, resources and time for lawyers to effectively collect and review mobile communications and social media data from other litigants.
These techniques have made
eDiscovery smarter, faster and easier, as well as drastically reducing review
costs.
As part of any comprehensive litigation strategy, we also have refined processes for assessing and managing
eDiscovery, which includes utilization of appropriate vendor support to minimize
costs.
Whether it is for a government request, an internal investigation or a litigation,
cost is a primary consideration in an
eDiscovery project.
Part of the answer is that
eDiscovery's intrinsic nature as a «manufacturing process» activity has been poorly understood across the legal industry, directly leading to high
costs and inconsistent results.
Not only can this incur unnecessary storage
costs but in the event of a request for
ediscovery, this significantly increases the timescales and
costs associated with accessing, processing and reviewing the data.
The major concerns surrounding
eDiscovery are typically
cost, time and reliability.
February / April 2013 - In this issue Cloud or Appliance - Which
Costs less for
eDiscovery From the Editor 3rd International Litigation support... [Read more...]
Our
eDiscovery, Digital Forensic, Investigative, Damages and Valuation professionals offer a unique blend and depth of resources, as well as a proactive,
cost - effective approach to all client matters.
Sure, we could see the decline of heavy litigation which supports much of the UK
eDiscovery industry, but I have been predicting that anyway thanks to high
costs, civil procedure rules which are not fit for purpose, a wet (and disgruntled) judiciary, and a wholly ineffective, not to say deliberately destructive, attitude on the part of the government and the Ministry of Justice.
The delay and expense inherent in modern litigation — where
eDiscovery expenses are likely to dwarf the
cost of resolving the underlying dispute — is an almost insurmountable barrier to contracting parties.
This post explains three unforeseen challenges with bringing
eDiscovery in - house such as hidden
costs, supporting the software, and difficulty of implementation.
Our team reviews the full scale of law firm administrative operations, including but not limited to finance, human resources, information technology (IT), practice support, new business intake / conflicts, records, docket, Litigation /
eDiscovery Support, risk management, knowledge management, secretarial support, file / print room and other back office where we assess, recommend and deliver improvement recommendations and next generation roadmaps, including tasks, timelines and
costs to plan your move from where you are today to your desired future state.
Reducing
costs with your own in - house
eDiscovery department sounds like a practical approach for a large company that already employs many lawyers, paralegals and litigation support personnel.
To put things into perspective, an industry standard storage device used in the
eDiscovery business would
cost approximately $ 100,000 for 38 TB of data storage.
Industry studies have shown that with the right training, predictive coding achieves better and more
cost - effective results than traditional, Boolean logic - based
eDiscovery, which requires humans to give detailed, specifically structured instruction sets for searches.
The challenge for organizations is to understand the benefits versus the total
costs associated with
eDiscovery activities.
Have your homework done in advance of engaging an
eDiscovery expert: legal should define the need, the client IT staff provide the required information, and the external expert will provide the guidance, options, and related
costs.
Not only does this new approach eliminate the risk of spoliation, but technology also remedies the worrisome turn around time and
cost of
eDiscovery as well.
And if a small firm or a solo attorney has sticker shock, how could they potentially reduce the
cost of an
ediscovery process?
D4 has been instrumental in helping customers realize up to 70 % in
cost reductions over previous
eDiscovery solutions.
During a recent webinar hosted by EDRM and sponsored by LexisNexis, «Shift Left: A New Age of
eDiscovery,» the panelists identified five key ways to achieve meaningful
cost control in
eDiscovery by focusing attention earlier in the workflow:
«Many of them are discovering that new
eDiscovery software technologies have emerged to reduce the
costs and inefficiencies in the
eDiscovery workflow.»
If you have a case where electronic document discovery threatens to overwhelm you and your clients, know that the
eDiscovery experts are dedicated to seeking out efficient and effective solutions while keeping
costs down.
When you compare the bottom - line
costs of a hosted model to managing
eDiscovery on your own, the savings scale tips heavily in favor of the hosted model.»
Sarah has a passion for technology and strives to consult her clients on the most efficient and
cost effective ways to handle
eDiscovery.
The partnership will provide Buchanan's clients with a
cost - effective and continually upgraded tool for
eDiscovery services.
Our top priority is to ensure the protection of our client's confidential and proprietary information, both against cyber-attacks and in litigation, while creating an environment conducive to
cost effective, efficient
eDiscovery practice once a lawsuit is imminent.
Our experience coupled with a cutting - edge technology and
eDiscovery software enables you to conduct a meticulous document review quickly and at a fraction of the
cost.
ILS specializes in
eDiscovery tools finding creative, practical solutions to unique problems to achieve the goals of our clients in an efficient and
cost - effective manner.
The survey report notes that certain functions — such as IT,
eDiscovery and risk management — have been fully or partially outsourced due to «growing pressure to optimize
costs, along with increased complexity» of certain technical activities.
Sarah brings her expertise to the southeast markets to help firms and corporations reduce
costs and simplify the
eDiscovery process.
iCONECT nXT is our plaintiff
eDiscovery software that loads, reviews, analyzes, and produces more data than any other litigation support software on the market, collaboratively and
cost - effectively, from anywhere in the world.
It is becoming increasingly common for litigants to hire a single litigation support services provider to manage
costs for ESI collection and processing, document imaging, issue coding and other
eDiscovery services in multiparty cases.
Oasis Discovery Partners provides
cost - effective
eDiscovery services to the legal community.
In modern
eDiscovery, Early Case Assessment (ECA) is seen as an essential component in reducing
costs as a result of reducing data volumes for both processing and more importantly, review.
This information - packed Conference will include panels focused on (1) The Sedona Canada Principles; (2) Management of Electronic Information; (3)
Cost - Shifting and Sanctions — Judicial Advice; (4) Legal Holds: The Trigger and the Process; (5) Multi-Party, Multi-Jurisdictional, Class Actions & Other Complications; and (6) Cooperation with Opposing Counsel on
eDiscovery Issues.
Recently I've had discussions with several lawyers at big firms and at litigation boutiques, all of whom have a clear understanding of their obligations and their clients» obligations to preserve, review and produce electronic documents, but all of whom seem to be stymied by the apparently uncontrollable, even irrational
costs of
ediscovery.
'» In other words, the semblance of relevance test often trumps concerns of proportionality: the time and
cost of
ediscovery relative to the damages at stake.
In addition to his active litigation practice, Scott leads the
eDiscovery & Data Management Team, which serves as a resource for clients and lawyers regarding defensible and
cost effective strategies for the preservation and discovery of electronic documents.
Clearwell
eDiscovery accelerates early case assessments, lowers processing
costs, reduces review workload, and ensures the defensibility of the search process.
«We are always trying to find new ways to provide creative and top - notch legal services while reducing the
costs and risks associated with
eDiscovery.»
«D4's extensive experience in the collection, legal hold,
eDiscovery, information governance and the compliance components of Office 365, help companies improve quality and efficiencies, while reducing time and
costs.»
With LAW PreDiscovery, pre-reviewing and culling non-responsive
eDiscovery and scanned documents before reviewing and processing helps eliminate unnecessary
costs and reduce time.