Whenever attorneys, litigation support professionals, project managers and general counsels converge, the inevitable topic that always abounds is electronic discovery. There is probably 10 times as much information about this topic on the web and in professional publications than there was just a few years ago.
Well - since everybody in the industry is discussing it - what exactly is it?
Electronic discovery - "eDiscovery"- is identifying, preserving, collecting, processing, reviewing, analyzing, producing and presenting electronically stored information (ESI) for use in litigation. Rest assured that eDiscovery is not just some passing fad in the legal community. With recent estimates showing that 90% of all corporate and government documents are stored in digital or electronic format, the failure to properly preserve and identify relevant ESI can be cataclysmic, to say the least. Corporate entities have no choice but to comply with Sarbanes-Oxley regulations regarding their ESI retention policies. Not surprisingly, high costs come with these government mandated obligations when litigation arises.
Fortunately, the professionals we have an alliance with have mastered each component of this process. They specialize in collections to ensure that no stone is unturned in this process, even possessing capabilities to collect from sources most of our competitors don't even have yet. Precision collections ultimately saves the client costs towards the back end of the EDRM, where the document review portion of the entire process can run as high as 80% of the total cost. Our professionals, when involved in the initial stages of the discovery landscape, can help to mitigate the costs to you, providing you value and a peace of mind that can't be valued monetarily.
The review tool we employ - InControl - has very comprehensive features to facilitate a clear, smooth review process. One of the key features of this tool is the ability to execute see-through document redactions. The search functions are very precise and detailed, and the system can even auto save the last 20 searches so that you don't have to rack your brain trying to recreate past inquiries. It also provides a plethora of reporting functions for quality control purposes (login summaries, reports by user, etc.). When attorneys can review documents quickly and efficiently using InControl, costs are drastically abated. Translation? Budgets are not stretched to the breaking point.
eDiscovery can be a daunting, arduous, expensive burden to deal with if you are unprepared. In the ever-evolving world of complex litigation, compliance with Federal Rules of Civil Procedure (FRCP), Sarbanes Oxley regulations and other standards (including the U.S. Department of Commerce's Safe Harbor certification) cannot be taken lightly. When you partner with Taylor Discovery Solutions, we can employ our experts and network of resources to make sure that this process is less stressful and, ultimately - less expensive.
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