By Stephen Cole
Firms are increasingly making the move to a managed services environment for e-discovery.
According to a 2015 Mattern & Associates Managed E-Discovery and Litigation Support Survey, 28 percent of respondents indicated that their firm had entered into some form of managed services arrangement concerning their litigation support offering. Furthermore, 46 percent of respondents indicated that their firm is considering the use of managed services for litigation support moving forward.
This shift will only gain momentum. Several core benefits of the managed services model cannot be matched by in-house e-discovery. Law firms should be aware of these benefits — not the least of which is an improved revenue stream through improved cost recovery realizations.
Read the full article: Legal Management: Can Managed Services Help Your Firm’s Revenue Stream? June 2016