Tuesday, April 29, 2008

Review enabler

Document review forms about 60-90% of the ediscovery expenditure. Legal services market today stands close to $250 billion. Considering that 98% of the cases don't end up in trial we can easily conclude that the vast chunk of legal services market belongs to the discovery phase. And within ediscovery the lion's share belongs to document review.

So anything that can cut short the review, time and expenses, would always be welcome in the market. people have been trying different approaches like concept review, statistical review, metadata filtering, sophisticated keyword searches etc etc. to get around the review cost.
Legal process offshoring has gathered momentum as an off-shoot of that.