Credit: Golden Sikorka/Adobe Stock Three Key Metrics Driving eDiscovery Industry Hiring Trends
Speed of hire, compensation inflation, and workforce evolution are proving critical in determining who wins and who loses eDiscovery talent.
September 29, 2022 at 12:52 PM
5 minute read
Commentary
According to Statista.com, the legal industry has grown from $713.23 billion in 2021 to $788.9 billion in 2022, which is a substantial increase for any industry in a year's time. This financial surge points to growth, but over the last two years, eDiscovery has also been dramatically impacted by salary inflation and a resulting price increase for services.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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