Nathan Koppel, writer for The Wall Street Journal, published an article on Nov. 23, 2010 outlining the huge amounts of time and money corporations spend reviewing electronic records. Koppel’s report, Using Software to Sift Digital Records, also details the hurdles that major law firms struggle to overcome when discovering vast amounts of data for their enterprise clients. The article goes on to cite specific technology to remedy common data discovery problems.
Koppel’s article suggests that by implementing technology, companies will save money paid to law firms for discovery. And by proactively reviewing electronic records regularly, corporations will preserve less data, therefore saving money on storage costs and saving time when future discovery is called for.
This article cites Index Engines for the fast and economic discovery of legacy data. An industry expert quotation highlights the dramatic savings in time and cost resulting from the implementation of this technology.