As the amount of data retained by companies grows, corporate legal departments face increased pressure to control the costs associated with e-discovery. One way they are looking to cut e-discovery spend is by questioning outside counsel, according to high-level in-house lawyers.
On a panel Wednesday at ALM’s LegalWeek, The Experience event in New York City, Jacob Herstek, vice president and senior legal counsel at HSBC Bank USA, said examining what outside counsel are doing not only leads to savings, but also helps to show the value of his in-house e-discovery team. “The No. 1 thing that we’ve done [to reduce costs], with help from vendors, is watch what our outside counsel are doing on a second level of review,” Herstek said.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
