Corporate counsel have used various tools and procedures over the years in their efforts to streamline eDiscovery and reduce outside spend. They’ve tried to outrace swelling floods of corporate data for decades, even as that data continues to drag them under by becoming increasingly difficult to access, collect, and process. Ever-increasing litigation, financial transactions, regulations, audits, and internal investigations force them to rethink and redesign their strategies again and again.
Yet, despite all their efforts, most corporate counsel are still working to gain control over even basic eDiscovery practices in-house where they can be performed more efficiently with today’s advanced technologies. Nearly 3 out of 4 CLOs rate regulatory or governmental changes — key causes of the need for unfettered access to organized data — as the most important issue keeping them up at night.
Today, you’ve got an affordable option to handle eDiscovery matters of every size internally to save money, on a single, user-friendly platform for ease of use, and using advanced technologies to increase efficiencies throughout the entire process. Yet, many organizations still use wildly outdated tools or even no tools at all. How is that affecting their business and their efforts to improve?
Download the white paper “The eDiscovery Maturity Model” to explore how important aspects of your eDiscovery, such as risk mitigation, workflow efficiencies, and costs, are affected by the tools and strategies you use.
The eDiscovery Maturity Model also points out steps to achieve cost-effective, efficient eDiscovery practices. It discusses potential risks and benefits involved in critical areas such as finances, quality & risks, ease of use & automation, processes & collaboration, and security.
The eDiscovery Maturity Model outlines a process through which legal departments leaders can comfortably grow into using advanced technologies such as data analytics and Artificial Intelligence (AI). These technologies are specifically designed to address eDiscovery challenges using modern techniques including:
When you access all your data in one place on an internal eDiscovery platform, you gain a clear, complete, and accurate understanding of your organization’s inner workings that helps you guide your organization with confidence.
If you’re not experiencing these benefits with your eDiscovery tools, download “The eDiscovery Maturity Model” now and discover the steps you need to take to lead your company toward more efficient eDiscovery practices.