From review market sizing revisions to pandemeconomic pricing, the May 2020 edition of the Five Great Reads on eDiscovery newsletter provides a selection of recent research, reports, and articles to update and inform legal, business, and information technology professionals in the eDiscovery ecosystem.
With data originating from Slack to talking refrigerators and from robots, doorbells, thermometers, and other IoT devices, what does the potential deluge of data look like, and how are you going to collect, process, review, and produce it? Join our panel of experts as we explore some of the non-traditional data sources that litigants are faced with today and what they may face in the future.
One of the key revision and decision areas that business, legal, and IT professionals in the eDiscovery ecosystem are currently having to consider is how they plan for and execute the core eDiscovery task of review in today’s new world. From review market sizing to remote review decisions, the following update provides context and considerations that may be helpful for eDiscovery decision-makers as they consider the critical eDiscovery task of review during 2020.
The Electronic Discovery Institute’s (EDI) Distance Learning Initiative is an online, educational endeavor designed to engage practitioners and students to meet their ethical obligation of maintaining requisite knowledge and skill in the ever-evolving world of legal technology.
Authored by industry expert Andrew Haslam, the eDisclosure Buyers Guide continues to be the most comprehensive and definitive resource available for data discovery and legal discovery professionals seeking to understand and evaluate eDisclosure-related services and products.
In the spring of 2020, 51.2% 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 and also is the highest rating for any business performance concern since the inception of the survey. This is also the tenth time in eighteen surveys that the issue of budgetary constraints has been the top concern or tied for the top concern by survey respondents.
In the spring of 2020, 150 eDiscovery Business Confidence Survey participants chose to answer at least one of the optional business operational metric survey questions in the quarterly survey. Exactly 26% of survey respondents reported Monthly Recurring Revenue (MRR) as decreasing in the spring of 2020. This is a significant increase from the 10% reporting MRR as decreasing in the winter of 2020 and is the highest percentage of respondents reporting MRR as decreasing since the introduction of business operational metric questions to the eDiscovery Business Confidence Survey in the winter of 2019.
From business confidence to the boom of Zoom, the April 2020 edition of the Five Great Reads on eDiscovery newsletter provides a selection of recent and relevant articles and research shared to update legal, information technology, and business professionals on the art and science of eDiscovery.
Based on the aggregate results of eighteen past eDiscovery Business Confidence Surveys, the following findings and charted overviews of responses to survey questions may be helpful for understanding the collective mindset of many industry experts regarding their confidence in the business of eDiscovery between early 2016 and today.
In this presentation, industry eDiscovery authorities will share remote eDiscovery insight and demonstrate how HaystackID’s remote offerings may benefit eDiscovery professionals as they consider eDiscovery in our new remote world.