Blog Post

5 Ways To Mitigate E-Discovery Costs | Exigent

June 12, 2017

Research suggests that it takes 21 days to form a habit but, as all of us who have made New Year’s resolutions know, the harder the task, the longer it will take for the habit to form and for us to implement it. e-Discovery processes aren’t any different.

5-must-have-habits-to-mitigate-ediscovery-cost

e-Discovery is considered one of the most costly aspects of modern day litigation. Statistics show that e-Discovery costs account for between 40 and 60 per cent of a litigation budget. We have created a list of the top five must-have e-Discovery habits for you to translate into commercial value for your organization:

1. Be proactive and litigation-ready
2. Use technology
3. Consider outsourcing document review
4. Look for a transparent and predictable pricing model
5. Cooperate and communicate with opposing party

To cut your e-Discovery costs and develop efficient processes that can be used on a case-by-case basis, apply the tips discussed in each of the blogs listed above and follow these key methods to form effective e-Discovery habits:

  • IDENTIFY all sources of potentially relevant data in order to reduce the risk of spoliation
  • EMPLOY appropriate tools and software
  • UNDERSTAND what data is available
  • UTILIZE the information appropriately and
  • USE the right people

Have missed the previous tips? Visit our blog section to catch up and subscribe today.

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