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How confident are individuals working in the eDiscovery ecosystem in the business of eDiscovery? Let’s see.
Almost Everyone Still Expects eDiscovery Business Conditions to be as Good or Better Six Months From Now: Almost all respondents (96.2%) expect business conditions will be in their segment to be the same or better six months from now (well above last quarter’s 86%), and the percentage expecting business to be better jumped back up to 47.1%. Revenue (at combined 93.3% for the same or better) and profit (combined 93.3%) also rose from last quarter (for the first time ever, half of respondents expect higher profits in six months). Here is the profits trend for the last four quarterly surveys: