Management of Discovery Expenses: Using Matter and Holds Data to Predict and Control Discovery Costs

Eric Saltzman, CFO, PSS Systems

Predicting discovery costs using a "litigation funnel" methodology -- the same techniques applied to sales forecasting.  Corporate legal teams have a wealth of data on the likelihood of matters progressing through various stages of litigation, the volume of potentially discoverable information associated with various types of matters and the costs associated with culling, reviewing and producing information.  Using this data in conjunction with a dedicated tool for managing the "litigation funnel" will yield better predictability on discovery costs, improve visibility on the timing and nature of those costs, and the ability to reduce expenses.

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