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eDiscovery solutions are widely used by many enterprises that deal with large amounts of legal data. But what these organizations fail to do is to store Electronically Stored Information (ESI) without sorting them. This leads to repetitive storage of the same data and high storage cost for the enterprise. This can be attributed to lack of rules based storage that can save large amounts of storage space, if used efficiently. New eDiscovery capabilities have enabled enterprises to seek a multi-case, multi-tenant solution for the above issues. New features of eDiscovery solutions allow legal teams to make use of prior document collections and reviews on related cases and make them available for analysis whenever required. This has resulted in the reduction of future collections, duplicative reviews, and the danger of inadvertent production for the company. There are new features like eDiscovery reference libraries that have been created to show all details related to a document. This is achieved by storing all relevant meta data information associated with the document at the same place. Details such as collection or production phase, the collection history such as custodian, litigation hold policy previous collection, previous case, and previous production etc., are preserved along with the actual data. This new feature also acts as secure data sources for a corporation, thereby providing complete protection to enterprise data. Another new feature is the eDiscovery dashboard. This feature offers cross-party and cross-matter performance measurement for the enterprise. The metrics provided by these dashboards allow top management to analyze reviewer-level metrics to ensure intelligent resource governance. This feature can also be used as a tool to identify the efficiencies of enterprise litigation teams and processes which provides industry leaders with the capability to control litigation productivity and risks more effectively. By using new eDiscovery solutions, enterprises can achieve the following. 1. The legal teams are also able to meet deadlines in a cost-efficient manner, while also ensuring quality and consistency across all cases. 2. By investing in reliable and robust eDiscovery software from experienced market players, enterprises can surely create an efficient and repeatable process for dealing with legal matters. Choose eDiscovery software from experienced eDiscovery solution providers to ensure efficient management of legal data.
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