Ediscovery Trends
Trends in Ediscovery and Litigation Support
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Can good Ediscovery Tools reduce legal costs? Of course they can! The strange thing is, you may not seem like you’re paying $18K per gig (the Gartner report’s estimated cost for document review), but you probably are. This is why it makes sense to control litigation costs at every step of the process.
The first thing to know is that you want as few potentially responsive documents as possible loaded into your document review software (Concordance, Summation, or iConect for example). Before you even use those ediscovery tools, consider culling with a search tool that was designed to do a more in-depth analysis, such as Clearwell, Attenex, or kCura. This way you’re not wasting resources by keeping a small army of document coders, but instead you’re reducing litigation costs by limiting the documents your coders need to review.
Litigation support vendors have been using these kinds of software platforms for years. Don’t be afraid to change your ediscovery strategy, it very well could save you money in the long term!
