Reining In Discovery Costs Through Predictive Coding Programs

http://ow.ly/b4oLN

An article by Stephanie W. Yeung posted on the eDisocvery Alert website of the law firm Schnader.

This article looks at eDiscovery costs, and examines advancements in technology that may help control costs.  The article specifically discusses recent cases that utilized predictive coding technology.

The article states, "A recent study of electronic discovery costs shows that the total cost of production could range from $17,000 to $27 million, with a median of $1.8 million.(Footnote provided in the article) Because discovery expenses have the potential to explode, it often becomes the predominant focus and concern in litigation, demanding the lion’s share of the party’s resources. Recent advancements in e-discovery technology may provide a way to manage the costs, thus shifting the party’s resources and focus back to the legal issues in the litigation."

The article further states, "While the benefits of predictive coding are most dramatic in cases involving large amounts of reviewable electronic data, the savings in time and cost are universal."