That’s a title that will get anybody’s attention! Last week, Dave Ruel of Hanzo published an article with 7 ways to reduce eDiscovery costs that anyone managing eDiscovery projects should adopt!

Dave’s post 7 Ways to Reduce Ediscovery Costs discusses in detail those 7 ways to reduce those costs, including this one:

5) Be proactive, prepared, and prompt.

Planning ahead of time is generally more cost-effective than waiting until the last minute to manage a spiraling control situation. Being proactive about preparing for eDiscovery before you have a problem—especially with complex or challenging data sources—will spare you from a frantic scramble where you’ll pay any amount to a vendor who promises to fix your problem. Creating a map of your organization’s data sources is a great way to prepare for future eDiscovery requests—and, therefore, a great way to save money.

Remember that the longer eDiscovery drags on, the more it costs. The costly nature of eDiscovery is another argument in favor of ECA: while you won’t want to settle every matter that crosses your desk, you will want to settle some of them, and the faster you can reach a settlement, the less you’ll spend on eDiscovery.

For that matter, proactively preserving data that you’re obligated to protect is a lot cheaper than fighting about spoliation in court.

That’s one of the 7 ways to reduce eDiscovery costs – what are the other six? Click here to read Dave’s article – it’s just one more click! 😉

So, what do you think?  What does your organization do to keep eDiscovery costs in check?  Please share any comments you might have or if you’d like to know more about a particular topic.

Disclosure: Hanzo 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.