I know, it’s not even Winter yet, but Rob Robinson is a man ahead of his time! 🙂 It’s time for another great survey from Rob and his terrific Complex Discovery blog! This time it’s his semi-annual eDiscovery Pricing Survey, which is designed to provide insight into eDiscovery pricing through the lens of 12 specific questions answered by legal, business, and information technology professionals operating in the eDiscovery ecosystem. Here is what’s covered in the Winter 2022 eDiscovery Pricing Survey Results.
The Winter 2022 eDiscovery Pricing Survey response period was initiated on November 17, 2021, and closed on November 27, 2021. This was the seventh eDiscovery pricing survey conducted by Complex Discovery, the initial survey being conducted in December of 2018 (and the fourth one I’ve already covered on this blog!).
This survey had 63(!) respondents, which is pretty good considering the survey was live for about a week before the Thanksgiving weekend. 88.9% of which were providers (Software and/or Services Provider – 42.9%, Law Firm – 39.7%, and Consultancy – 6.3%). That’s 56(!) providers talking about eDiscovery pricing!
One of the great things about this survey is it provides a reflection of what people in the marketplace are generally expecting to spend for various services including forensic collection (per hour and per device), forensic analysis and expert witness support (per hour), processing costs (per GB), hosting costs without and with analytics (per GB per month ), user license fees (per user per month), project management support (per hour), predictive coding (per GB) and document review services (per hour and per document).
This is also the second survey that provides an option for an alternative pricing model option for each of the pricing categories and a few of the categories had a significant percentage of respondents select the alternative pricing model once again.
I’ve personally referenced this survey in two recent webinars – it’s a terrific resource! Only Rob Robinson could get 63 people (56 of them providers) to talk about what isn’t talked about in this industry. Easy work for a man who’s ahead of his time!
So, what are the current expectations regarding pricing for various eDiscovery services in the Winter 2022 eDiscovery Pricing Survey? I won’t steal Rob’s thunder in this blog, check out the survey results here.
So, what do you think? Are you surprised by any of the pricing survey results in the Winter 2022 eDiscovery Pricing Survey? Please share any comments you might have or if you’d like to know more about a particular topic.
Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by my employer, 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.