What Are The Top 5 Tips to Choose the Best E-Discovery Solution?

There has been a rapid increase in the number of regulatory audits, lawsuits and corporate investigations in the recent past, and this has made the organizations to spend more and more money on e-discovery solutions. The skyrocketing cost of ediscovery services is now a major challenge worrying most organizations. On hand, the cost of e-discovery management services is very high, on the other hand, most e-discovery companies are unable to deliver value to their clients.

And this scenario has given a rise to a number of apprehensions about adopting e-discovery solutions. In reality, ediscovery services can be immensely beneficial and can give high ROI, if and only the companies can clearly evaluate the features of the services offered, and choose an efficient and cost-effective e-discovery partner. What should an organization do just to determine the right partner for e-discovery?

In choosing the most appropriate e-discovery solution for your organization, here below are some tips that can be helpful for you:

Tip 1-Ensure industry standards are met: The  entire range of processes as defined by the Electronic Discovery Reference Model (EDRM), should be covered by every e-discovery solution, where EDRM is a standard prescribed by the e-discovery industry. You have to make sure that your solution covers everything from information management, identification, preservation, and collection, to processing and early case analysis. Then, you will certainly be free from trouble.

Tip 2- Check for flexibility and affordability: Without impacting employee productivity, Ediscovery solutions should be executed. This is an essential feature and this is to ensure that there is no disruption in the production environment. Furthermore, the solutions adopted should be cost-effective and should guarantee better ROI.

Tip 3- Assess search capabilities: A good e-discovery solution should be able to provide a generally sophisticated and rich search capabilities. All natural language-based searches in email messages, attachments, common metadata and simple text strings, are to be performed. The names, verbs and documents should also be differentiated. Take for example, 'Will', could mean a name, a legal document or simply a verb. Take note that an  effective e-discovery litigation support solution will be able to easily differentiate these and provide accurate results.

Tip 4- Estimate time required for deployment: There are some solutions that take several weeks to be deployed. Before you can begin accessing, categorizing or reporting information, it demands you with a long wait and this becomes a major disadvantage. Generally, good e-discovery solutions are self-contained and are very easy to deploy.

Tip 5- Opt for a proactive e-discovery solution: It is or you very important to choose a solution that uses real-time policy management for archiving, reviewing, retrieving, deleting, retaining or producing data electronically. For early case assessment, an automated and proactive e-discovery solution can be critical and this is despite the fact that it can  go a long way in protecting your company’s brand.