Many organizations face challenges in maintaining electronic evidence. There are four major challenges to be overcome. In order to overcome them, enterprises need to use reliable eDiscovery solutions that are now available as a SaaS service.
Cost - Every company today faces multiple litigations and it takes years for them to close. This requires millions of documents and involves multiple cases history files to be archived and retrieved from time to time. Therefore, building and maintaining an electronic evidence platform is a wise investment since it helps to reduce the total cost of ownership (TCO), while enhancing return on investment (ROI).
Business disruption - eDiscovery systems that are not ably supported by a reliable and automated solution, may find itself unable to cope with large volumes of data and eventually leading the business to come to a halt, unable to meet the litigation requirements posed by external counsel and legal groups.
Scale - Traditional methods of electronic data evidence management is not possible since the number of litigations pursued or disposed continue to increase and so do the compliance requirements for them. An evidence management solution that is scaleable to accommodate all this expected growth can overcome this challenge.
Security -It is important in the discovery lifecycle that the evidence management platform is easily accessible to all, while also providing high security to the documents. Also, this scenario requires many tiered levels of security that match user roles. Using automated eDiscovery solutions can ensure the system is secure and controlled.
Enterprises that use automated eDiscovery solutions can benefit from the following important features. 1. The system provides for efficient searches and quickly retrieves important case data. 2. These solutions can be tailored specifically to enterprises or law firms. 3. Preserves document confidentiality 4. Scale easily for complex legal matters 5. Users have anytime, anywhere access irrespective of their location.
Automated SaaS eDiscovery platforms help to overcome the eDiscovery challenges related to cost, security, scalability and business disruption. This will surely enhance overall legal review efficiency and ensure legal cases are closed in a timely manner. - 32198
Cost - Every company today faces multiple litigations and it takes years for them to close. This requires millions of documents and involves multiple cases history files to be archived and retrieved from time to time. Therefore, building and maintaining an electronic evidence platform is a wise investment since it helps to reduce the total cost of ownership (TCO), while enhancing return on investment (ROI).
Business disruption - eDiscovery systems that are not ably supported by a reliable and automated solution, may find itself unable to cope with large volumes of data and eventually leading the business to come to a halt, unable to meet the litigation requirements posed by external counsel and legal groups.
Scale - Traditional methods of electronic data evidence management is not possible since the number of litigations pursued or disposed continue to increase and so do the compliance requirements for them. An evidence management solution that is scaleable to accommodate all this expected growth can overcome this challenge.
Security -It is important in the discovery lifecycle that the evidence management platform is easily accessible to all, while also providing high security to the documents. Also, this scenario requires many tiered levels of security that match user roles. Using automated eDiscovery solutions can ensure the system is secure and controlled.
Enterprises that use automated eDiscovery solutions can benefit from the following important features. 1. The system provides for efficient searches and quickly retrieves important case data. 2. These solutions can be tailored specifically to enterprises or law firms. 3. Preserves document confidentiality 4. Scale easily for complex legal matters 5. Users have anytime, anywhere access irrespective of their location.
Automated SaaS eDiscovery platforms help to overcome the eDiscovery challenges related to cost, security, scalability and business disruption. This will surely enhance overall legal review efficiency and ensure legal cases are closed in a timely manner. - 32198
