Most legal departments are looking to slash external e-discovery spending and bring such operations in-house, according to the 3rd annual Study of Effective Legal Spend Management conducted by the Blickstein Group and Exterro Inc. The study surveyed legal directors, in-house attorneys and e-discovery and legal operations professional at 69 small to large U.S. organizations across a variety of industries, including technology, financial service, manufacturing and energy.
The study found that a majority of responding organizations, 57%, budgeted $1 million or less on e-discovery in 2019. On the high end, 8% budgeted over $5 million. For one-third of companies, this year’s budget remained flat from last year, compared to the 30% that said it deceased and 39% for whom it increased.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]