The 2nd annual report from Exterro looks at trends, practices, and challenges in the evolving e-discovery industry
PORTLAND, Ore., June 10, 2019 – Exterro® Inc., the preferred provider of software specifically designed for in-house legal and IT teams at Global 2000 and AmLaw 200 organizations, today announced the release of the 2019 State of E-Discovery Report. The State of E-Discovery Report pulls information from eighteen different industry leading studies, reports, and articles covering e-discovery, information governance, privacy, and other issues facing legal teams, providing a comprehensive look at the trends, practices and challenges facing the e-discovery industry today.
The 2019 State of E-Discovery Report shows that legal teams must embrace new technologies and proven processes to meet the challenges of the evolving e-discovery industry.
Additional key learnings from the report include:
- The demands on in-house legal teams are rising:
- o Data volumes continue to explode, from 230 GB per IT person in 2014 to a projected 1230 GB in 2020, meaning legal and IT teams need to assess and inventory their data and prioritize data remediation to be successful.
- o Case law and technology create new obligations to preserve data. Meanwhile, the average corporations have 70 cloud-based collaboration tools and yet only 51% of enterprises can collect from social media and IM.
The 2019 State of E-Discovery Report includes data and analysis from various organizations in the e-discovery, information governance, and privacy practices, including:
- Blickstein Group
- Bloomberg Big Law
- Complex Discovery
- EDRM at Duke Law
- FTI Consulting
- In The House
- Jordan Lawrence
- Norton Rose Fulbright
- One Legal
- Thomson Reuters
- Winston & Strawn LLP
“With the second release of the State of E-Discovery report we have brought in data from even more industry-leading surveys and reports to provide a comprehensive look at issues facing legal professionals today in the areas of information governance, e-discovery, and privacy. The report will help legal teams by providing data around the importance of being proactive, cooperating and communicating effectively, and treating e-discovery as a business process,” said Bill Piwonka, CMO at Exterro.
Download the complete 2019 State of E-Discovery Report here.
Exterro was founded with the simple vision that applying the concepts of process optimization and data science to how companies manage digital information and respond to litigation would drive more successful outcomes at a lower cost. We remain committed to this vision today as we deliver a fully integrated Legal GRC platform that enables our clients to address their regulatory, compliance and litigation risks more effectively and at lower costs. With software solutions that span privacy, legal operations, compliance, cybersecurity and information governance, Exterro helps some of the world’s largest organizations work smarter and more efficiently. For more information, visit exterro.com.
Ron J. Rambo Jr.
Marketing Content & Communications Manager