E-discovery Solutions Streamlining Corporate investigations
The technological era has facilitated business houses and corporate sectors to store information and data in electronic forms. This includes word processing documents, digital photographs, spreadsheets, graphs and charts, databases, digital video and audio files etc. However, like the physical documents these too are analyzed and reviewed when placed in the form of digital evidence.
The procedure which involves the collection, identification, processing, analysis and review of all electronic documents for any corporate investigations or lawsuits is known as e discovery. Though earlier days had seen reservations against the authenticity of these electronic data as digital evidence, today with most of the information available in digital form, even email messages, instant messaging histories, ATM logs are used to produce evidence in corporate investigations. However, there are changes and amendments in the rules to prevent any electronic data discovery disputes.
The greatest challenge however is faced by organizations which are not e-discovery ready. The absence of an effective system to handle the electronic evidence discovery hinders the process to a successful ediscovery disclosure on part of the organizations. To mitigate these issues, organizations need to have an amiable relationship between the IT teams and in-house legal teams, implement an effective electronic discovery litigation support system, and stay updated with the rediscovery rules, educating the employees with awareness of the internal rules and regulations and ensuring compliance to the same.
However, in this digital era, when organizations face litigation, regulatory inquiries or internal investigations, the vastness of the electronically stored data and the pressure for cutting costs and time adds a host of challenges. Leading service providers have worked out solutions designed to meet the challenges of e-discovery. Such a platform facilitates organizations to streamline the e-discovery process from identification to legal hold through review, all under the same application.
The end-to-end electronic discovery litigation solutions facilitate organizations to eliminate the costly and time-consuming movement of data between various tools, reduces review volume by 90% and processing cost by 80%. Further by rapidly identifying the key custodians, provides complete transparency across the e-discovery lifecycle. Globalization and expanse of the business network, challenges organizations in timely collection of electronic data.
The e-discovery software streamlines the entire digital process by forensically collecting electronic data across organization’s various locations, automatically analyzes the data, uncovers hidden information and enables rapid identifications of suspects. By eliminating the manual review of irrelevant data, this software helps in reducing the duration of each investigation and enables organizations to respond more speedily and cost effectively to inquiries and audits that are conducted.
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