Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations
July 10, 2020
Given the changing environmental and economic conditions based on the outbreak and impact of the coronavirus disease 2019 (COVID-19), eDiscovery professionals are considering business revisions to their 2020 plans and also making or accelerating eDiscovery decisions supporting the collection, processing, and review of electronically stored information (ESI).
In considering the relative costs of the three core eDiscovery tasks of collection, processing, and review, in 2020, the core task of collection is estimated to represent approximately 13% of total eDiscovery expenditures. While the coronavirus disease 2019 (COVID-19) appears to be having a substantial impact on the economics and execution of eDiscovery, it does not appear at this early juncture in the evaluation of its on-going impact to have significantly altered the task percentage estimates in 2020 for collection, processing, and review.