Electronic discovery companies, corporate counsel and law firms alike are looking at the future of e-discovery and determining how emerging technology will both help and hinder electronic discovery in litigation. Technology affects every industry, but the legal profession is uniquely expected to both understand and “manage” how technology affects every client they represent, regardless of industry.
According to Gartner, a technology research firm, the electronic discovery market is expected to reach $1.5 billion by 2013. Much of this industry growth among electronic discovery companies can be attributed to vendor consolidation, development of industry standards and focus on data integration. With courts requiring a stronger focus on data integration and creation of industry standards, many in the legal profession see continued growth in the area of electronic discovery.
Another area where some electronic discovery companies are focusing is on open-source projects which could lead to a cost-free, standards-based, system. The goal of this type of system is to provide quality e-discovery software at little to no cost, making the technology feasible for any budget. Some open-source software in development allows lawyers to customize features in order to focus on a particular project.
As technology improves and becomes more defensible, many firms are finding that emerging technologies are able to do the “heavy lifting” research that is customarily performed by law students and paralegals. By using predictive coding, in conjunction with technologies that are being developed for release in the near future, review time will be drastically reduced; allowing focus to remain on more crucial case development. Predictive coding software is only one illustration of technology assisting lawyers and corporations in the area of e-discovery. As technology is developed and honed, electronic discovery companies are expecting to see the amount of time spent on human document review to be reduced even further.
As e-discovery requirements continue to be refined via case law, technology will continue growing to meet the need to provide quality electronic discovery services to litigators. Employing an electronic discovery company that specializes in consulting in addition to providing services provides invaluable guidance and support during the discovery process. For more information about electronic discovery consulting and services, visit www.advanceddiscovery.com.