Extract from Onna’s article “5 Key Trends in eDiscovery for 2023”
Conducting eDiscovery can be tricky at the best of times – tight deadlines, multiple sources, numerous custodians, and resource constraints to contend with – and now there’s a potential economic recession on the horizon. So how will all this unpredictability affect eDiscovery in 2023? Here are some possible ways:
1. Growing SaaS and cloud-based technologies will create more discoverable data
According to a recent Gartner report, SaaS makes up the largest share of the cloud service market and more than half of the overall software market. This segment will undoubtedly increase during 2023 and beyond. Because SaaS allows data to be accessed from any device with an internet connection and a web browser, more SaaS means more discoverable data – much of it unstructured data. Information governance is the key to maximizing the growing volume of data (while minimizing the costs and risks of keeping it) and to account for it throughout its entire lifecycle, from creation through use and retention to defensible deletion.
2. Automated technology will streamline workflows and early case assessment
When a dispute arises, weighing your legal and financial exposure becomes urgent. Early case assessment – measuring the scope of information relevant to the issues – is an essential first step in minimizing the downstream costs and overall risk. However, the growing number of collaboration, communication, and content apps, along with the amount of data they create, make the ECA process challenging. Nonetheless, legal technology quickly identifies what is relevant. When supported by continuous sync and federated search across multiple sources, it helps preserve, collect, cull, and review data in one central location.