Previously, discovery was treated as a one-time crisis exercise with little thought of the costs involved
It is clear that there will be substantial costs in retaining large numbers of boxes of records and storing large volumes of electronic records on servers with the associate hardware, software and migration costs. I think the first consideration is that there needs to be someone willing and able to pay the costs
End users are learning that a little planning and prudent use of technology can go a long way to reducing litigation costs in the future...This has huge savings in terms of storage, back-up, system performance, litigation costs, and more
Average iPhone app only costs $1.49 8
Data capture is another area where paper records can assist organizations challenged with the costs of automating everything
You also have the problem of costs; the cost to train people to know when to move a document to its final state and to know where to put it can be high; this is especially true if those people don’t attend training or if they do, still choose not to move final copies to the approved location
At first, this didn't make sense to me; I've been brought in for countless migrations from legacy vendor A to shiny-new vendor B, often at laughable costs of time and money to the end user
There are, of course, costs involved. While creating a Model Office is likely to incur costs, it may well save money and time later, as the subsequent implementation of the system is likely to run more smoothly and identify fewer problems needing solutions
Organizations have to start right-sizing their content – not just to reduce the costs of maintaining all that content, but to address corporate risk and so users can make optimal use of information assets
With electronic records, organizations are now storing terabytes and petabytes of content that is becoming very expensive to maintain, considering the cost of the storage media and the administrative costs, including backups