If you’re brainstorming ways to stick to a budget and control costs, Catalyst Vice President of Enterprise Solutions, Eric Willis, Esq. has practical strategies that could be helpful. Willis recently named 5 practical strategies to keep discovery budgets on track on Law.com.
Willis says effectively managing data, standardizing around a data warehouse, using analytics to drive efficient processes and making informed decisions can all keep costs under control.
Willis’s first strategy suggestion is to “simplify legal hold and collection.” He writes that legal hold and collection can be costly since many workflows include multiple outside vendors to complete the process. Willis says there’s modern legal hold and collection technology that can allow law firms to simplify the process with a single system.
To read more about Willis’ practical strategies to keep discovery costs down, click here.
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