According to a December 2011 report by Gartner, between 2007 and 2010, eDiscovery costs declined in every EDRM segment except for Preservation and Collection, and Processing, Review and Analysis. Processing, Review and Analysis are historically the most expensive part of the eDiscovery process; these areas experienced the largest cost increase from approximately 40 percent of the total eDiscovery lifecycle cost to almost 50 percent. Even as serial litigants have found ways to effectively streamline costs in other EDRM segments, achieving a similar cost savings in the Processing, Review, and Analysis phase has remained elusive.“Ask any customer, analyst or judge what the number one concern is about eDiscovery and they will tell you it’s the spiraling cost of processing, reviewing and hosting data,” said Kurt Jensen, Executive Vice President of Daegis. “With Cross-Matter Management, we have taken a completely fresh look at how data traverses through the eDiscovery lifecycle and have created a process that ensures consistent discovery responses across multiple matters. Use of a master repository enables a consistent and repeatable process for eDiscovery as clients retain and carry forward the knowledge they have gained from prior reviews.” About Daegis Daegis (NASDAQ: DAEG) is a leading provider of eDiscovery solutions. Daegis’ eDiscovery Platform serves corporate and law firm clients by combining technology and services to deliver the industry’s most complete eDiscovery solution. Daegis helps clients dramatically reduce costs and streamline eDiscovery for all matters related to litigation, compliance, and investigation. For more information, visit www.daegis.com or follow us via our blog, Twitter at @daegis and Facebook.
Daegis, a leading provider of eDiscovery solutions, today announced Cross-Matter Management, a new methodology designed to streamline the eDiscovery lifecycle by proactively managing electronically stored information (ESI) and attorney work product across multiple matters. Achieved through new technology added to the Daegis eDiscovery Platform, Cross-Matter Management can save corporate and law firm clients an average of 30 percent or more across the eDiscovery lifecycle. Within the Daegis eDiscovery Platform is the Master Repository, a radical advancement in the field of eDiscovery technology that serves as a central location for storing data that has been collected, processed and produced. While traditional eDiscovery platforms require litigants to re-invent the wheel each time a new matter arises involving the same custodians, the Daegis eDiscovery Platform manages ESI by retaining the high-value data and attorney work product within a single master repository. Data does not have to be re-collected or re-processed from one matter to the next and previous review decisions can be leveraged to reduce document review sets, thereby driving down costs. “There have been many advances in eDiscovery technology over the years and Cross-Matter Management is an innovative approach for addressing litigation support going forward,” said Brad Drewett, senior litigation support manager, Miller & Martin PLLC, a law firm with offices in Atlanta, Chattanooga and Nashville. “The explosion of data has had a severe impact on corporations in terms of achieving proportionality and complying with the demands of the courts and government regulators. Repurposing data and attorney work product is an efficient model that enables a proactive eDiscovery process versus one that is reactive.” For many organizations, legal matters tend to overlap considerably in terms of key custodians, date ranges and legal issues. Cross-Matter Management eliminates those redundancies through the reuse and repurposing of data driving cost and time savings and risk reduction for both legal and IT. The Master Repository’s bi-lateral connection with the document review environment preserves attorney work product by saving privilege and relevancy determinations and other production history. This intellectual capital is readily accessed and can be leveraged in subsequent related matters resulting in significant document review cost savings.