Only 19 percent of smaller firms are investing in eDiscovery
Technology has handed small firms a huge advantage. Many of the tasks that required brute force associate strength 25 years ago are now manageable by algorithm. Even 10 years ago, the tech solutions out there required a heavy outlay to get started. But today, that’s not really the case.
Yet small firms are still lagging behind in eDiscovery investment. A Thomson Reuters survey found that only 19 percent of smaller firms are investing in eDiscovery tech. Only 2 percent responded that they plan to join the tech club in the next year. That’s an abysmal figure.
Why are small firms still behind on this? Part of it may be how rapidly the technology has matured. People who aren’t tracking this industry on a daily basis might be stuck judging eDiscovery solutions based on what they were a decade ago.
Source: Joe Patrice | Above the Law