How E-Discovery Solutions Benefit Law Firms

12.07.2011 | Author: ricky01 | Posted in Software
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The IT revolution has impacted every sphere, and law firms are no exception. Any investigation today, whether civil, criminal, or corporate, is strongly supported by information technology. And with the emergence of e-discovery solutions, legal proceedings have assumed a whole new dimension. The increasing volume of information in the electronic form has necessitated a software platform which can efficiently retrieve and consolidate relevant data that can be used as evidence. It is no wonder then that e-discovery software solutions are now seen as a critical aspect of litigation and regulatory inquiries.
While promising superior case outcomes, e-discovery solutions also offer several other benefits for law firms:
Facilitate Early Case Assessment: E-Discovery solutions help in rapidly analyzing large volumes of electronic data for effective early case assessment. The IT revolution has impacted every sphere, and law firms are no exception. Any investigation today, whether civil, criminal, or corporate, is strongly supported by information technology. And with the emergence of e-discovery solutions, legal proceedings have assumed a whole new dimension. The increasing volume of information in the electronic form has necessitated a software platform which can efficiently retrieve and consolidate relevant data that can be used as evidence. It is no wonder then that e-discovery software solutions are now seen as a critical aspect of litigation and regulatory inquiries.While promising superior case outcomes, e-discovery solutions also offer several other benefits for law firms:Facilitate Early Case Assessment: E-Discovery solutions help in rapidly analyzing large volumes of electronic data for effective early case assessment..These solutions are also capable of providing comprehensive data metrics, which enables the accurate estimation of time lines and case budgets.

Help Develop Effective Case Strategies: Since case facts are made available much earlier than in traditional e-discovery processes, these solutions can help law firms develop efficient case

strategies to achieve the desired outcomes.

Provide Useful Insights: E-Discovery solutions can help law firms gain useful insights into case facts. E-Discovery software platforms are built with the ability to identify potential smoking gun

documents which help determine who knew what and when. They also filter and provide information on custodians, keywords, topics, and discussion threads which may be relevant to
the case.

Reduce Time and Costs: Electronic discovery software can eliminate the need for traditional e-discovery processes, which require lawyers to manually review huge volumes of documents
before they can assess the case and build a strategy. Also these solutions can help present results to clients faster using web-based applications, which eliminate the need to move data manually, thereby further reducing time and overall costs.

Standardize Processes: By enforcing a standard set of classification criteria across multiple

reviewers, e-discovery solutions help ensure a standardized review quality. They help consolidate the overall e-discovery process by using a single application, thus removing the need to
move data and load files in multiple disparate tools.

Law firms are under constant pressure to understand case facts earlier, estimate cost requirements and assess the strengths and weaknesses of a case to enable results for clients. But

with the volume of electronic data steadily growing, law firms are faced with innumerable challenges. E-Discovery solutions are designed to help law firms overcome these challenges
successfully, and support clients by offering them a competitive advantage with superior service.

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