With companies allocating roughly 20 to 50 percent of their legal spend to litigation, it’s especially important for them to find ways to reduce their e-discovery budgets. Improving legal hold management can be a good place to start. Organizations reviewing their internal procedures for 2018 should be exploring alternative ways to bolster the defensibility of their legal hold management workflows. Automating these processes in-house can make a significant difference, dramatically reducing costs when compared to the standard, vendor-outsourced approach.
Let’s crunch some numbers in four of the most costly areas of legal hold management to see how automated software can improve your bottom line.
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