Canon Discovery Services Whitepaper Spotlights Solutions that can Help Legal Professionals Reduce eDiscovery Costs
New York, N.Y., (January 29, 2018)—Canon Discovery Services, a division of Canon Business Process Services, Inc. (Canon), has issued a whitepaper highlighting solutions that can help legal professionals meet the challenge of reducing eDiscovery costs.
Although it has produced a sea change in the practice of litigation, eDiscovery has also contributed to rising costs due to the massive amount of data that people and organizations generate every day. Hiring document review attorneys to pore over thousands of emails or comb through huge quantities of electronically-stored-information is often cost-prohibitive, even for large firms and corporations. Electronic discovery is one of the most costly aspects of litigation, with a typical medium-sized lawsuit costing parties between $2.5 million and $3.5 million.1
Canon’s whitepaper, “Reducing eDiscovery Costs: Two Solutions that Can Help Meet the Challenge,” examines some of the factors driving these high costs and two solutions that can help meet the challenge. One strategy involves transforming records management programs into an information management framework that streamlines business operations and better protects customers and stakeholders. The other approach includes leveraging systems such as technology assisted review (TAR) to make the eDiscovery process quicker and more cost-effective.
Canon Business Process Services provides outsourced document management and electronic discovery services to 29 of the Am Law 100 firms. For more information on Canon Discovery Services as well as insight on legal industry trends and best practices, visit the Legal Services page of Canon’s website.
About Canon Discovery Services
Canon Discovery Services, a division of Canon Business Process Services, Inc., offers a skilled, dedicated team of discovery professionals with a proven track record in solving complex discovery matters. Backed by over twenty years of experience, Canon Discovery Services helps law firms and corporate legal departments develop practical, defensible eDiscovery response plans to support successful outcomes. Services range from ESI processing, culling and analysis, document review, hosting and production to implementing information governance and readiness response programs.
About Canon Business Process Services, Inc.
Canon Business Process Services, Inc. offers a comprehensive portfolio of managed services and technology across information and document management, business process outsourcing and managed workforce services. The company helps clients improve operational business performance while reducing costs and risk. Named a Global Outsourcing 100 Leader in 2017 by IAOP for the eleventh year; Canon Business Process Services is a wholly owned subsidiary of Canon U.S.A., Inc. Learn more at cbps.canon.com and follow us on Twitter @CanonBPO.
1. Karel Mazanec, “Capping E-Discovery Costs: A Hybrid Solution to E- Discovery Abuse,” 56 Wm. & Mary L. Rev. 642, 2014
All referenced product names, and other marks, are trademarks of their respective owners.
Press Contact: Press Contact, CBPS-info@cbps.canon.com
Canon Business Process Services © 2018