E-Discovery
In 2007, Fulbright & Jaworski reported in their fourth annual litigation trends survey that at least 17% of small corporations have a lawsuit pending of at least $20 million dollars. Ninety-eight percent of the mid-size corporations reported having between 1 and 20 lawsuits pending of at least $20 million. Eighty percent of the largest corporations reported of having up to 20 lawsuits pending over $20 million.
Benefits to Discovery
- Preserving evidence for trial
- Providing a basis for pre-trial motions
- Narrowing issues at trial
- Promoting out of court settlements
- Avoiding surprises at trial
Drawbacks to E-Discovery
- Costs
- Discovery overkill
- Discovery disputes
- Discovery abuses
E-Discovery is Discovery. The only difference is that E-Discovery concerns itself with all of the pieces of electronically stored information (ESI) throughout your business. This could be everything from e-mail, instant messages, file servers, voice mail and even key card reader logs.
How do I prepare for E-Discovery?
The best way to prepare for E-Discovery is to start now. Waiting for that eventual day when your business is served notice of a pending law suit could be disastrous.
Using the E-Discovery Reference Model as a base, Szucsko Consulting can help your business create the needed Records Management Policy necessary for a successful litigation outcome.