Most large corporations have paid their share of e-discovery bills, often tallying hundreds of thousands—if not millions—of dollars in expense.
The Value Equation
If you were asked to calculate how much your company spends on e-discovery for every electronic document as it went through the whole process, from collection through to production, could you do it?
Not many companies can, nor do most legal and IT staff realize that up to 80% of the entire cost of e-discovery is spent on legal review. In fact, recent estimates indicate that corporations are spending between $2.70 and $4.00 per email on legal review.(1)
FTI Technology’s software was developed expressly to dramatically reduce the cost of e-discovery.
1. ‘Control Costs of Electronic Discovery’ by Stephanie Mendelsohn and Liz Bachman-Greci, both of Reed Smith, as published in E-Discovery Advisor Magazine, Issue 5, page 12.