Nothing controversial about this topic, right? 😉 Nonetheless, the traditional per hour billing model for document review is getting a run for its (literal) money from the newer per document billing model for review and Jon Canty, CEO of Sandline, discusses considerations for each and which is the winner for both the client and the review provider!
In his article Is it Time to Change the Billing Model for Review Services?, Jon breaks down considerations regarding the size of the eDiscovery market today and how much it will grow by 2025, as well as the portion of the market associated with review-related software and services, which is twice as big as the rest of the eDiscovery market combined. Worldwide, organizations literally spend billions of dollars on review-related software and services, so how those services are billed is more important than ever.
Jon also discusses considerations associated with the per hour billing model and the per document billing model and boldly declares a “winner” between the two in today’s eDiscovery landscape.
So, how big is the eDiscovery review market? What are the considerations for the per hour billing model and what are they for the per document billing model? I won’t steal Sandline’s (and Jon’s) thunder, you can check out the article here on the specifics and see if you agree with his conclusions! 🙂
So, what do you think? Have you been involved in a review project where the per document billing model was used? Please share any comments you might have or if you’d like to know more about a particular topic.
Disclosure: Sandline is an Educational Partner and sponsor of eDiscovery Today
Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by my employer, my partners or my clients. eDiscovery Today is made available solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Today should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.