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Cost of e-discovery related to email
   
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Added by Garnet R. Chaney, last edited by Garnet R. Chaney on Mar 30, 2007
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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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