6 TIPS FOR MAKING THE LEGAL DOCUMENT REVIEW PROCESS ECONOMICAL

Cost of Producing Electronic Documents

- The Rand Corporation’s study of 57 large-volume cases concluded that legal document review accounts for 73% of the cost of producing documents

How to Make the Legal Document Review Process more Economical without Sacrificing Quality:

1. Narrow and refine the scope of searchable document sets to align with the goal of document review and the discovery request

2. Limit discovery requests to a date range

3. Use search term hits to filter and identify relevant documentation

4. Utilize eDiscovery analytics tools to assist and speed up the legal document review process

5. Track the costs of production to understand where and how the money is being spent to fine-tune and make the managed document review process more economical in the future

6. Outsource document review projects internationally by partnering with a legal process outsourcing company to free up internal resources and reduce costs

Contact our managed document review specialists at Ace Document Review for further guidance on implementing each individualized action point based on best practices