Article by Courtney Ingraffia Barton, Esq., LexisNexis Applied Discovery, posted on The Metropolitan Corporate Counsel, December 2007:
E-discovery is big business: according to the 2007 Socha-Gelbmann survey it is anticipated that spending on e-discovery will reach $2.45 billion in 2007 and grow at a rate of around 30 percent annually. Although this is a reality that most corporate counsel have been desperately attempting to address for a few years, this issue is just now appearing on the radars of many c-level executives and boards of directors who are wondering how it has come to pass that companies are spending so much on discovery. Not surprisingly, there is enormous pressure from the corporations to reduce these skyrocketing costs….