“(As) Companies are looking to manage the cost of discovery more efficiently, Exterro’s offering is something that both
corporate legal departments and outside firms will be interested in”
Exterro Legal Hold and Discovery Management Assessment
"The right to be sued" is a prerequisite for doing business in today's competitive environment, notes the famous American economist and Nobel laureate Thomas C. Schelling.
Consequently there is a sharp rise in lawsuits over the past five years. $1 billion-plus companies average 556 lawsuits each, notes Fulbright & Jaworski LLP in their recent survey.
With the proliferation of lawsuits, the increasing use of electronic documents, expanding obligations under FRCP amendments and unforgiving courts,
it is critical to determine how prepared you are for the "right to be sued". Even companies that are not in highly regulated or litigious industries will eventually face the prospect of answering a discovery request.
However, with multiple parties and a myriad of dynamic processes and disconnected technologies, discovery has become a confusing maze.
It therefore necessary to take stock of where you stand. If you have not yet assessed the effectiveness of your legal hold and discovery management framework - start now!
How Exterro's Online Self-Assessment Works:
Exterro's online self-assessment uses a multi-dimensional structured approach to ascertain the effectiveness of your organization's legal hold and discovery management strategy.
The assessment is designed to validate your discovery management strategy, boost the discovery response initiative, and provide actionable recommendations based on a review of current processes.
Due to the complexity and dynamic nature of discovery processes, the assessment model must be multi-dimensional.
The first dimension contains five components representative of the core of legal hold and discovery management.
We call these the Five Levers of Discovery Management:
