Tuesday, June 12, 2012

eDiscovery Trends: Where Does the Money Go? RAND Provides Some Answers



http://ow.ly/bwhtG

An article by Doug Austin on the eDiscovery Daily Blog.

This article discusses a recent RAND report regarding eDiscovery spending, and states, "The RAND Corporation, a nonprofit research and analysis institution recently published a new 159 page report related to understanding eDiscovery costs entitled Where the Money Goes: Understanding Litigant Expenditures for Producing Electronic Discovery by Nicholas M. Pace and Laura Zakaras that has some interesting findings and recommendations."  A link to download the report is provided in the article.

The article provides some insight into the findings of the report, and provides narrative around each of the following topics:
  • Review Makes Up the Largest Percentage of eDiscovery Production Costs.  
  • Outside Counsel Makes Up the Largest Percentage of eDiscovery Expenditure.  
  • If Conducted in the Traditional Manner, Review Costs Are Difficult to Reduce Significantly.
  • Computer-Categorized Document Review Techniques May Be a Solution.

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