National Law Journal, September 2005, found:
- Companies spent $4.6 billion in 2005 to analyze e-mails
- 50% of evidence is email
- Microsoft receives 25-30 million emails a day
- U.S. firms spent $1.2 billion on outside e-discovery services
- Projected to grow to to $1.9 billion in 2006
- Only 62% of companies doubt they can prove their e-records are reliable
- 10% of corporate cases settled to avoid costs of e-discovery
- Frank Quattrone received 18 month sentence for sending an email advising employees to "clean up" their files during a criminal inquiry of the bank.
In February 2005:
- 80% of Corporate Counsel members of the ABA were unfamiliar with the December 2006 proposed e-discovery changes to the Federal Rules of Civil Procedure
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