Expect 2012 to be the year cloud e-discovery takes off – and not just because the cloud is becoming an ever-increasing force in business operations – legal departments are leveraging the cloud to bring discovery functions in house for better control of their data and costs.
According to a recent poll of lawyers at mid-to-large sized law firms and Fortune 1000 companies, 86 percent have decided to take back in house some portion of the e-discovery process. The move to bring these functions back in house is being spurred on by the cost of discovery services vendors and concern for the security of business data. Information management, preservation & collection and data review rank high among the tasks these firms and companies have decided to in-source.
Many law firms and legal departments are able to bring some of their e-discovery in house by leveraging a cloud-based or SaaS solution. In the same survey, 81 percent of the respondents report that they’ll use the cloud for e-discovery or data storage in the next year.
Cloud-based e-discovery providers enable legal departments to remain in control of their data and their e-discovery budget with predictable, on demand pricing models.