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E-discovery expectations.


by Swartz, Nikki
Information Management Journal • May-June, 2007 • UP FRONT: News, Trends & Analysis

For those companies that are not adequately prepared for e-discovery, here are some sobering statistics from The National Law Journal:

* Sixty to 70 percent of all corporate data reside in or are attached to e-mail.

* Ninety-nine percent of all documents today are in digital form, and most are never printed in hard copy.

* Electronic data are obtained in three out of every four lawsuits involving Fortune 500 companies.

A recent report from Forrester Research, "Believe it--E-Discovery Technology Spending to Top $4.9 billion by 2011," said the e-discovery technology market was worth $1.5 billion in 2006 and will grow to almost $4.9 billion by 2011. The largest direct expense is the collection, processing, and review of data, which costs, on average, about $1,800 per gigabyte, according to the report.

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COPYRIGHT 2007 Association of Records Managers & Administrators (ARMA) Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2007 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.
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