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: Law Department ManagementA dubious metric on the average cost of a case, or e-discovery, or something
By Rees Morrison
I seem to be running across quite a few problematic sentences and paragraphs. This one, from an advertisement supplement by EMC2 in Corp. Counsel, Vol.15, Jan. 2008, after 50, set scratching my head: "The costs and risks of eDiscovery (sic) can be dramatic, with the average cost of a case being in excess of $1 million."
It is unclear whether the million-dollar figure is intended to apply just to ediscovery expenditures, which cannot possibly be true. The quote also seems to refer to the cost of an average case, because no case can have an average cost. Nor am I sure why ?risks? shows up, when the sentence has to do with financial exposure. And, finally, why label some circumstance dramatic if the average of whatever runs to seven figures?
Full post as published by Law Department Management on January 13, 2008 (boomark / email).
Medical Errors
Annual Cost to Insurers Nearly $1.5 Billion
Antitrust
Price Fixing Could Cost Consumers up to $300 Billion Annually
Timberland
Unsolicited Text Messages Cost Company $7 Million
Lead Paint Violations
Cost Mattel, Fisher-Price $2.3 Million
Bush Administration
class action settlement ensures Medicaid beneficiaries can continue to purchase prescription drugs at minimum cost when they become eligible for Medicare.
Gleevec
Possible Case of Kidney Damage Reported

What is Your Average Case Settlement
Interesting Thought About Electronic Discovery and Arbitration
An average company wasted $1.7 million on SOX 404 Compliance last year
An E-Discovery 'Cooperation Proclamation'








