Just under 90% (89.3%) of eDiscovery Business Confidence Survey respondents feel the current business conditions are good or normal. This confidence level represents a significant decrease in these same feelings from the fall of 2018 where 96.5% felt the conditions were good or normal.
In the Winter 2019 eDiscovery Business Confidence Survey, 22.7% of respondents viewed budgetary constraints as potentially having the greatest impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey. Increasing data volume was also viewed as a considerable issue, with 21.3% of survey respondents noting it as their greatest business concern.
This is the thirteenth quarterly eDiscovery business confidence survey conducted by ComplexDiscovery. More than 1,265 individual responses have been received from legal, business, and technology professionals across the eDiscovery ecosystem since the inception of the survey and 75 respondents shared their opinions as part of the winter 2019 survey.
The eDiscovery Pricing Survey is designed to provide insight into industry eDiscovery pricing through the lens of 15 specific pricing questions answered by eDiscovery ecosystem professionals.
96.5% of eDiscovery Business Confidence Survey responders in the fall of 2018 feel that the business conditions are positive (good or normal). This confidence level is the highest reported for current conditions since the inception of the survey in the fall of 2016.
In the Fall 2018 eDiscovery Business Confidence Survey, 20.1% of respondents viewed increasing data types as potentially having the greatest impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey. Increasing data volume was also viewed as a considerable issue, with 18.8% of survey respondents noting it as their greatest business concern.
This is the twelfth quarterly eDiscovery business confidence survey conducted by ComplexDiscovery. More than 1,100 individual responses have been received from legal, business, and technology professionals across the eDiscovery ecosystem in the course of the last three years and 85 respondents shared their opinions as part of the fall 2018 survey.
The Predictive Coding Technologies and Protocols Survey is a non-scientific survey designed to help provide a general understanding of the use of predictive coding technologies and protocols from data discovery and legal discovery professionals within the eDiscovery ecosystem.
Summer 2018 eDiscovery Confidence: Survey respondents appear to have a slightly less optimistic view of the business climate this quarter than they did last quarter.
In the Summer of 2018, 22.7% of respondents viewed budgetary constraints as potentially having the greatest business impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey. Increasing types of data are also of great concern, with 21.2% of survey respondents noting it as their greatest business concern.