4 Ways the Pandemic Changed How Legal Departments Optimize Their Resources
It took a global pandemic to advance new document review models into wider acceptance. Now —as clients and providers alike realize the efficiencies—remote discovery and document review are here to stay.
March 15, 2021 at 07:00 AM
5 minute read
As a result of the pandemic, the legal industry experienced a dramatic shift in business-as-usual dispute and investigations activity, including e-discovery. Most organizations pivoted to a remote workforce and legal departments grappled with how to manage a growing workload with fewer resources and smaller budgets, as well as addressing new security and data protection issues brought on by remote work. All this comes at a time when controlling outside counsel costs tops the list of priorities for 89 percent of law department leaders.
In response, organizations have adapted the way they source and purchase legal-related services. Legal departments are placing a special focus on document review, the most costly and unpredictable part of e-discovery. Organizations are accelerating managed review models that were already underway pre-pandemic, conducting a review of their external resources to ensure a return on investment, and increasing the use of automated tools and machine learning technology. Almost one-third of legal departments actually increased their technology budget in 2020.
|How to Optimize Technology and Resources to Realize Immediate ROI
The harsh reality of modern e-discovery is that document collections (and risks) continue to grow, without a commensurate increase in the time for review. That places a mounting pressure on managed review teams to utilize technology to control costs and develop techniques to maximize efficiency and quality, while controlling risk. Tools such as technology-assisted review (TAR) based on continuous active learning certainly help limit costly eyes-on review—but that is often not enough.
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