Reduce-Reuse-Recycle: the Key to Discovery Savings is Data Management
Discovery in the era of Big Data is complicated, time-consuming, and expensive. At the same time, in-house counsel are under pressure to reduce costs throughout the legal function. In a recent survey of law department operations professionals, the top five key performance indicators cited were related to controlling costs and almost 70% cited “controlling/reducing legal costs” as one of their top three issues they expect to face over the next few years. The same survey cites “Identifying opportunities for business improvement and cost savings” as the second-biggest challenges of managing a law department, behind only “driving/implementing change.”1 Legal departments now have to achieve the delicate balance of cost reduction against the risks of costly errors during the litigation process.