eDiscovery Costs & Budgeting – Creating Order out of Chaos
In this whitepaper Senior Director, Matthew Davis discusses eDiscovery cost challenges and how to control costs early on in the process.
Preview: The direct and indirect costs of eDiscovery (being the identification, preservation, collection, processing, review and production of electronically stored information or “ESI”) in substantial disputes can be, and often are, hugely expensive. The review of documents in particular has the potential to incur the largest proportion of costs during litigation in comparison to other phases such as pleadings, witness statements, expert reports or trial. A combination of the volume, diversity and proliferation of ESI means that it can be very difficult to predict with certainty how much data might need to be collected to deal with litigation, a regulatory matter, an internal investigation or other event, how many documents that will result in, how many of those documents will need to be reviewed and produced, and therefore how much eDiscovery might cost. This, along with the technological steps required to make ESI available for review, can make eDiscovery costs appear opaque.
This piece originally appeared on The Lawyer.