In recent months, we’ve seen debate whether it would be better for firms to move or keep their e-discovery services in-house. Those who advocate for in-house e-discovery argue that it provides for greater control and oversight. As Geoffrey Vance of Perkins Coie has argued, an in-house model allows law firms to leverage technology “to monitor progress and decision-making such that mistakes are caught, fixed and never made again.”
However, not only does a strong managed services contract save money and deliver benefits that are not matched by in-house solutions, it can actually create its own revenue stream via providing a strong case for cost recovery.
Mattern & Associates’ Stephen Cole discusses the five factors that make a managed services model of e-discovery the best option for law firms of any size.
Read the full article:Legaltech News: 5 Ways Law Firms Can Benefit from E-Discovery Managed Services April 2016 this article has been archived and requires a subscription to LexisNexis to view