Litigations are now common phenomena with most organizations. In addition, that means the organization needs to take extra effort to step up its security for Electronically Stored Information (ESI).
Along with security reasons, cost cutting is also another reason why ESI should be protected and stored securely. Litigations are a costly affair and the organization cannot risk the loss of data during the trial period. When ESI cannot be retrieved for an attorney review process, it may work against the interests of the organization.
Implementing e-discovery tools to manage information assets is the best option available now. While looking for ediscovery solutions look for those that provide functionality to reduce data volume and streamline the ediscovery process.
Solutions for ediscovery should comprise of the following items.
1.Should include a centralized review platform for all parties for simplified security, administration and management.
2.Should provide process metrics for identifying case status, review costs, and trends
3.Should identify and eliminate irrelevant data before review
4.Should be able to provide dynamic drilldown from summary firm and case-level metrics to detailed individual metrics on a specific phase of review
5.Should be able to provide insight into costs, trends and efficiencies – which is used for budgeting and early case assessment
6.The tool should be able to provide measurement of efficiency (review time), effectiveness (review quality) and cost (per document, per case, per law firm) across one or multiple cases
It is advisable to choose solutions with mature technology and infrastructure management capabilities. Using ediscovery as a SaaS service can also minimize deployment time and provide excellent scalability and performance with no capital investment to make.
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