Deciding who to choose as your organization’s legal services provider is a task that requires a lot of research and careful consideration. The first step is determining your current and future needs. Are you just looking for an eDiscovery provider? Someone who can help with several different functions – from information governance to legal spend management and more? After compiling a list of providers that offer what you need, it is important to understand how they operate and what tools they rely upon.
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True eDiscovery managed services is about a programmatic approach to process and technology. Artificial intelligence (AI) and predictive analytics can be included in a managed services construct. With proper planning and consistent deployment, the benefits of AI can be maximized and lead to huge benefits such as time savings, cost savings, and better insight into data. Doing so will maximize the benefits of AI, and as AI platforms’ power and abilities grow, so do the benefits.
read more Most corporations have insurance to help manage litigation costs which means that claims professionals within a given carrier are an integral part of case budgeting. The money allocated for discovery is more significant than ever before since modern litigation involves large amounts of data that needs to be retrieved, reviewed, and disclosed. This will only increase and become more complicated as new technologies emerge and people continue to find new ways to communicate or create digital business content.
read more Data processing and hosting is a key component of litigation, especially the eDiscovery process. Each matter will produce a massive amount of data that needs to be processed and managed in an organized fashion after the collection stage.
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