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Hugh Smith?
We had a Hugh Smith on the list a long time ago. He was a fountain of
information, sort of like a good looking Larry Medina. I don't know what
ever happened to him. Could you maybe be related?
Chris Flynn
On Fri, May 23, 2014 at 9:23 AM, Hugh Smith <[log in to unmask]> wrote:
> I have been trying to draw a cost comparison on proper storage of computer
> media versus the costs of litigation and related E-Discovery.
>
> Does anyone know how to research the costs of litigation? I know it is
> different by case and probably the most poorly prepared companies with
> regard to records management and data mapping are the ones incurring the
> highest costs. I want to see if I can make the case that better prepared
> records management companies perform better in litigation.
>
> Digital storage or electronic records storage is skyrocketing with growth
> that is extraordinary.
>
> There is always the hope that ERM can be stored on servers in the Cloud
> but the much ballyhooed “Store it in the Cloud” is meeting the reality of
> tremendous cost increases without real benefit. The Cloud has been less
> than stellar as a E-Discovery tool and in some cases has dramatically
> increased E-Discovery costs. And now users find it is not a great archival
> storage model.
>
> But to complete the analysis, I need some real world litigation costs.
> Could I back into by estimating hours and then an average cost of $250.00
> per hour to $350.00 per hour.
>
> Does any one have any anecdotal studies or a real world example without
> naming the name of the company in the law suit. Law firms say E-Discovery
> is now 80% of the cost of a legal action but they do not provide numbers?
>
> Any ideas or sources that can be offered?
>
> Have a Happy Memorial Day.
>
>
> Hugh Smith
> FIRELOCK Fireproof Modular Vaults
> [log in to unmask]
> (610) 756-4440 Fax (610) 756-4134
> WWW.FIRELOCK.COM
>
> List archives at http://lists.ufl.edu/archives/recmgmt-l.html
> Contact [log in to unmask] for assistance
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>
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