There is a common misconception in the legal industry that e-discovery managed services are only a feasible option for larger law firms and corporations. This is likely due to the fact that the most popular managed services models are comprehensive packages with the option to include everything the service provider has to offer. While managed services can be an all-inclusive package where the service provider operates as the law firm’s external e-discovery department, they can also be as simple as renting software licenses by the “seat” with a set amount of storage to start.
The Technology Advantage
Tight timelines and the volume of data in even the smallest matters require solutions that speed the discovery process and minimize the total time to review. Coupling document review with advanced analytics, such as email threading, near-duplication, conceptual analysis, and predictive coding can dramatically improve review time and consistency. However, implementing these tools (often from several different software developers) is costly, and the investment does not come without risk of the technology becoming outdated.
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