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By Bobbi Basile
Extract: Due to an influx of lawsuits and electronic data generated and stored, today’s companies are facing increased litigation costs and risks. The discovery phase alone can represent more than 50% of these costs, according to Protiviti, leading many organizations to prioritize litigation cost prediction. Concurrently, legal departments are bringing the management of e-discovery in-house to optimize their cost-control efforts.
Breaking away from the tradition of manually managing discovery, many legal departments are now taking a hands-on approach in monitoring e-discovery and predicting costs. While it’s certainly not a foreign concept, continuous education must be encouraged so organizations can truly reap the benefits of e-discovery process optimization.
Read the complete article at: Adopting E-discovery as a Business Process to Reduce Litigation Costs