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: Ride the Lightning: Electronic EvidenceFULBRIGHT & JAWORSKI 2008 LITIGATION TRENDS SURVEY
This is always one of my favorite surveys. Lots of wheat, little chaff. And this year, it gave me good news. Since I make my living from the litigation business (and new case filings were down this year) and since I am known within the family as ?The Bank of Mama,? I was pleased to note that litigation is predicted to be on the rise this year, in part due to the shrinking economy. When companies fail, there is always a legal bloodbath around the corner.
With respect to electronic evidence (a small part of the survey), 12% of the companies responding said they had been before a court or other litigation tribunal ill-equipped to deal with complex electronic data discovery. For financial services and technology firms, which have mounds of e-files and other electronically stored data, 19% and 18%, respectively, reported facing courts and tribunals not up to the challenge.
Everyone dealing with EDD review has discussed the outsourcing of that review to foreign shores. So far, a handful of U.S. companies ? 2% ? are availing themselves of such services. However, for billion-dollar firms with much greater volumes of cases the number was a more notable 8%. Technology firms were the most comfortable with the practice, with 12% willing to send their document review offshore, followed by financial services firms at 11%.
Nice job on the survey guys ? it is always instructive. The Bank of Mama likes your news.
Thanks to pal Toby Brown for the heads-up.
E-mail: snelson@senseient.com Phone: 703-359-0700
Full post as published by Ride the Lightning: Electronic Evidence on October 14, 2008 (boomark / email).
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