I’ve written on several occasions that one of the best ways to learn about timely topics, especially in an industry changing so rapidly, is via webinars and podcasts. I had the opportunity to listen to E-Discovery—Without The High Price Tag on Digital Detectives, a great series held regularly by Sharon Nelson and John Simek, President and Vice President of Sensei Enterprises, respectively. This episode featured Bill Gallivan, Managing Executive of Gallivan Gallivan & O’Melia. Digital Detectives is available for free on both the Legal Talk Network and on iTunes. (Note: I am not affiliated with any of these enterprises.)
Upward Price Forces and E-Discovery
The amount of electronically stored information (“ESI”) now doubles every 18-24 months. Corporations are thus faced with the impossible situation of simultaneously having to double their outlay to third-party e-discovery vendors. Why? The answer is pretty simple. Almost all e-discovery vendors still charge their clients based on an anachronistic per-gigabyte (i.e. per volume of ESI) model that ignores both the present and future of e-discovery.
According to Gallivan, there are least two key reasons why the price of processing ESI is increasing so rapidly.
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Source: forbes.com
By: Ben Kerschberg
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