Cos Embrace E-Discovery 2.0

SANTA CLARA, Calif. -- Clearwell Systems, Inc., a pioneer in Intelligent E-Discovery, today announced that leading enterprises are embracing next-generation technologies, collectively known as E-Discovery 2.0,” to manage growing case volumes, accelerate early case analysis and reduce costs.

A series of fundamental changes have made e-discovery far more important, expensive and complex than it was in the 1990s. Foremost among them is a shift from voicemail to email as the primary form of communication, creating a written record where none previously existed. Companies have begun storing this information on disk as the cost of disk storage has fallen precipitously, from $2.04 per GB in 2004 to $0.77 per GB in 2006. At the same time, changes in the legal and regulatory environment are forcing companies to preserve, analyze and review this growing body of information for e-discovery. For example, recent amendments to the Federal Rules of Civil Procedure have moved e-discovery up in the process, forcing companies to have an e-discovery plan within days of a suit being filed. The result is that manual e-discovery processes have become overly time-consuming and expensive, with their costs often exceeding the amount in dispute.

Companies have responded to these challenges by adopting E-Discovery 2.0, which leverages next-generation technologies to reduce the cost, risk and duration of e-discovery. E-Discovery 2.0 technologies include:

“Cisco always looks to technology to create new business models that drive efficient, optimal outcomes,” said Neal Rubin, senior director of litigation at Cisco Systems, Inc. “E-Discovery is a good example of that. We have embraced E-Discovery 2.0 solutions like Clearwell, which allows us to locate and review relevant data quickly, which in turn leads to early, accurate case assessment and more cost effective results.”

Clearwell Systems Inc.