Useful E-Discovery Cost Estimator

Orange Legal, which offers a hosted e-discovery service, has recently come up with a useful tool that helps you estimate the cost of e-discovery.

With the Predictive Pricing Estimator, you go online and plug in the volume of electronic information to be considered, in gigabytes. You also indicate the number of people who may be reviewing the material. The total cost of e-discovery is then estimated, using common industry estimates for such elements as:

  • Cost of document processing
  • Time taken to review each document
  • The cost of a reviewer's time
  • Computer service or software charges

Many industry references are provided, justifying these estimates. The back-of-the-envelope calculation proceeds along EDRM lines, and considers the costs of analytics, processing, and review. In many cases, the underlying assumptions can be questioned for a given case environment. Nevertheless, this is a helpful and valuable tool.

For more details, see here. A spreadsheet version is also available from Orange Legal. If you want to use the predictor, we recommend you get this--it will let you customize the underlying assumptions to your own environment.

... David Ferris

One Comment

  1. Posted September 25, 2008 at 7:38 AM | Permalink

    David, here is an even better tool. There is a FREE and a Pro version. Tells you exactly what you have, even handles PST’s etc.

    http://www.earlycase.com

    Have a look, I think you will be blown away. In the past 45 days we have over 1000 new users of earlyCASE.

    Tom

  2. Posted September 26, 2008 at 2:48 PM | Permalink

    Tom,

    Interesting post – seems they are two different tools with different purposes – but would be great if you could compare the two – as I am always interested in better ways to do simple forecasts – even when one is only estimating available data as it may have not been collected and/or available for your tool to look at the data. Not everyone has access to the data they want to consider when they want to do general costing estimates for different scenarios – hence where our tool (the estimator) might be a reasonable tool for costing estimations.

    Good luck with your earlyCase tool.

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