Thursday, February 9, 2012

eDiscovery in the Era of Big Data…Faster, better, cheaper…!



http://ow.ly/8Ydr7

An article by Ted O'Neil on his blog eDiscovery & Compliance Made Simple.

This article is said to be the first part in a series, and discusses eDiscovery processes.  The article states, "Faster, better, cheaper was clear theme from LegalTech 2012…Big Data costs continue to drive organizations to look for faster, better, cheaper.

The hidden Return on Investment in eDiscovery & compliance lies in understanding the entire spend…not just the obvious third party costs and understanding and quantifying risks in the current processes."

The article further states, "The key to success is having developed a “base-line” understanding of the current process & identifying all key players within the organization and all vendors and 3rd parties involved in the end-to-end process. The nature of eDiscovery tends to affect IT, formal or informal records management policies and processes, Compliance, Business lines and of course, the legal team."

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