As In-House Lawyers Struggle With E-Discovery, Vendors Ready to Help
Many in-house counsel are ill-prepared to deal with e-discovery, but it’s not for lack of companies willing to help.
E-discovery vendors crowded the exhibition floor at LegalTech New York this week, while educational sessions focused on how to prepare for electronic database searches.
A survey by Kroll Ontrack released to a to a law.com reporter at the event suggests that in-house counsel for U.S. companies need technology guidance. Only 25 percent of in-house counsel responding to the survey said they were “fully up to speed” on case law, developments and regulations relating to electronically stored information. Only 43 percent had a strategy or policy in place on how to deal with electronic information in litigation or internal investigations. Yet 21 percent said that managing large amounts of data will be their biggest challenge over the next five years.
LegalTech exhibitors stand ready to help. Law.com reported that vendors included:
– Attendex, which has released an e-discovery calculator to help gauge spending on e-discovery.
– Mimosa Systems, which uses MS-Exchange transaction logs to capture and preserve e-mail.
– Guidance Software, which makes Encase software to search hard drives that is used by a majority of computer forensic experts.