The Lawyers are Ready. Give Them the Data Intelligence They Need with StoredIQ Active eDiscovery Solutions
- Cost predictability and reduced downstream review fees
- Analyze data in place, real-time
- Legal-friendly repeatable workflow
eDiscovery preservation and collection are mandatory steps in litigation response. However, missteps during these key phases can result in increased and on-going costs in downstream legal-hold retention, document hosting, and attorney review for the duration of a matter—often years or even indefinitely. Better insight into your data can help ease the costs and efforts involved in eDiscovery response and decrease the volumes of Big Data, by targeting only what’s most relevant to a particular case.
Using a slipshod or too-inclusive approach to litigation response without targeted collection can result in large volumes of irrelevant data entering the eDiscovery process, with escalating downstream costs for attorney review and production.
In fact, over-collection was cited by more than half of corporate counsel in an ESG survey as a challenge in their identification and collection of ESI. Serial litigants with multiple cases may even perform repeated collections on the same evidence, creating duplication of effort, as well as duplicated data and storage.
Too many corporate legal departments do not know whose data may be relevant nor understand the volume of potentially relevant data until after collection. By giving legal teams insight into the data where it lives in the enterprise, they can determine exactly whose data needs to be collected, measure the volume of data relevant to the case, and then collect and preserve the smallest amount of legally relevant data. This knowledge can then be used to make an informed legal decision such as whether to defend or settle a lawsuit.
StoredIQ's intelligent eDiscovery solution can help organizations respond rapidly and efficiently to legal matters, litigation, or investigations. Utilizing DiscoveryIQ, StoredIQ's eDiscovery application, corporate legal teams can identify, analyze and act upon unstructured electronically stored information (ESI) much more comprehensively and efficiently. As a result, companies can better manage their legal risk and reduce expenses, while formulating superior legal strategies.
The critical need for legally defensible eDiscovery
Today, the eDiscovery process is frequently managed through a combination of point applications and process documentation applied in a reactive fashion. Often, in order to manage legal matters and execute eDiscovery processes, legal and IT teams utilize three or more stand-alone, disjointed applications. This inefficient approach requires multiple processing steps, increases costs and lengthens the discovery schedule; worse, the entire process may not be repeatable or defensible.
Employee self-collection also increases legal risk. Unfortunately, many companies still rely on this method. The employees, not the legal team, make the primary decisions about the relevance of their documents, and self-collection often alters ESI metadata. This approach is also not repeatable, verifiable or defensible, thereby increasing the risk of sanctions and inference judgments.
At the same time, however, court rulings regarding the Federal Rules of Civil Procedure (FRCP) are placing greater demands on the eDiscovery process with respect to speed, accuracy and defensibility. These rulings emphasize that controversies over the scope of discovery will likely be resolved by balancing the burdens and costs of providing the discovery against the potential benefit and value of the discovery.
A proven, industry-accepted model
StoredIQ eDiscovery solutions align with the Electronic Discovery Reference Model (EDRM), the industry standard accepted by service and software providers, law firms, industry groups and corporations.
StoredIQ and EDRM
StoredIQ's capabilities cover the majority of the EDRM stages, ensuring a comprehensive, efficient approach to eDiscovery.
The StoredIQ solution automatically discovers, indexes, classifies, and manages unstructured data throughout the data lifecycle, mitigating legal risks and reducing costs.
StoredIQ creates auditable data topology maps and analytics of all unstructured ESI under management, and provides powerful search technology that can be utilized to find potentially matter-relevant data “in place” across the industry’s broadest set of data sources. Reports are highly customizable to meet specific dimensional criteria.
Once ESI is identified; StoredIQ collects relevant data and places it on an immutable legal hold repository, without altering it--and without disrupting end users.
StoredIQ authenticates collection and preservation by maintaining an audit log of the collection and by creating a hash value before and after collection. In addition, access control lists (ACLs) and security identifiers (SIDs) are preserved, proving file ownership as tracked by the file system.
StoredIQ culls ESI to the minimum legally-defensible sub-set of potentially responsive data, de-duplicating globally or by custodian.
Organizations can better prepare for FRCP Rule 26(f) conferences, improving their ability to negotiate with the opposing counsel with StoredIQ’s advanced analytics, even before data is collected. This accurate, real-time insight can help organizations improve legal strategies and control litigation costs.
Your benefits with StoredIQ Intelligent eDiscovery
StoredIQ's Intelligent eDiscovery solution provides a range of business-critical information management benefits, including:
- Quickly locate matter-relevant electronic documents with advanced search technology
- Analyze electronic documents in-place with detailed data topology maps, advanced analytics, and precise data explorers
- Preserve and collect data to a secure legal hold repository, preserving all metadata and business context
- Act on and manage potentially relevant data in a legally defensible manner with audit trails and a robust chain of custody
- Reduces eDiscovery time by providing faster collection, preservation and processing to make better legal decisions, meet deadlines and avoid sanctions
- Provides a fixed-cost solution that provides legal cost predictability
- Repeatability, transparency, defensibility of the entire eDiscovery process
- Mitigates the impact and burden on IT