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The third annual Inside E-Discovery & Beyond Survey by BDO Consulting examines the opinions and insights of more than 100 senior in-house counsel at corporations with revenues ranging from $100 million to over $5 billion from a variety of industries throughout the United States about changes in their approaches to e-discovery and their plans for the year ahead. The survey was conducted by ALM, an independent and impartial research firm, in the fourth quarter of 2016.

Surveying senior in-house counsel at leading U.S. corporations, the survey offers insight into changes in organizations’ approaches to e-discovery amid an onslaught of new data pressures and predictions for the year ahead. Highlights include:

  • All about cyber. 68% state that their organization’s legal department is more involved with cybersecurity than it was 12 months ago.
  • Data privacy and e-discovery collide. 60% cite international data privacy and security laws as their biggest cross-border e-discovery challenge—and with the 2018 implementation data of the GDPR looming, 37% now see the EU as the most challenging jurisdiction for cross-border e-discovery.
  • 2017 spending plans. 62% plan to increase their investment in information governance in 2017–compared to only 39% last year, while 31% plan to increase their overall e-discovery spend.
  • Legal tech innovations are catching on. 40% of corporate counsel currently use technology-assisted review (TAR), while 30% use data analytics and visualization techniques across EDRMs.  
FTS_Report_Inside-E-Discovery-2016_FINAL_digital

You can view the press release here or download the full report here.

Source: BDO Consulting

 

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ComplexDiscovery OÜ is a highly recognized digital publication focused on providing detailed insights into the fields of cybersecurity, information governance, and eDiscovery. Based in Estonia, a hub for digital innovation, ComplexDiscovery OÜ upholds rigorous standards in journalistic integrity, delivering nuanced analyses of global trends, technology advancements, and the eDiscovery sector. The publication expertly connects intricate legal technology issues with the broader narrative of international business and current events, offering its readership invaluable insights for informed decision-making.

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