Fixed rate or variable? The analysis is not exclusively for mortgages. Gina Passarella in “Firms Beginning to Take Flat-Fee Model to E-Discovery,” published in LTN’s sister publication, The Legal Intelligencer, reports that firms are starting to move away from pay-per-use models of e-discovery services and instead are negotiating flat rates.
It can be risky for the service providers and the firms, said Passarella, as contract prices are based on estimates of the amount of data a firm expects to handle in a given amount of time. She reports that one firm, Buchanan Ingersoll & Rooney, recently switch and saved thousands simply by accessing previously unavailable technology.
This content has been archived.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]