This guest blog post was written by Lisa Kreuser, senior marketer, Litigation Solutions at Thomson Reuters
In a recent American Bar Association survey, the average time worked per day by an attorney was 8.9 hours, and the average time billed per day was 6.7 hours. The culprits?
Not leveraging staff for non-billable functions: 10%
Inefficient time-keeping practices: 12%
Networking with clients, colleagues and family: 21%
Good-will – writing down customer bills: 57%
Litigation can change quickly with unexpected developments such as new information, opposing strategies, and bench decisions. Litigation technologies need to be able to respond just as quickly, giving litigators the scalability to manage cases effectively and the ability to spend time on higher-value activities.
The next step in the legal technology evolution is eDiscovery and tools that support that process. E-mail is no longer the most requested type of electronically stored information in eDiscovery. Gartner Group predicts that by the end of 2013, half of all corporate litigants “will be asked to produce material from social media websites for eDiscovery.” So, if you’re just discovering documents and emails, look at everything that you could be missing.
The real question is: what will the landscape look like in one year? Three years? Ten?
To help navigate the growing complexity of ESI (Electronically Stored Information), Thomson Reuters has expanded its private cloud to encompass our efficient, reliable eDiscovery and case analysis solutions – Case Logistix® and Case NotebookTM. Hosted Practice Technology provides fewer software updates and the ability to control and maintain data without storage concerns – thus allowing litigators to focus on higher-value activities and produce billable hours.
Stop by our booth #307 at ABA Techshow in Chicago to enter a drawing for an iPad Mini and learn more about new Hosted Practice Technology. In addition, check out our Lunch & Learn on April 5 from 11:30 a.m. to 12:30 p.m.: Get your head in the cloud with Hosted Practice Technology from Thomson Reuters. Learn the basics of cloud computing as well as how to store, organize, and control data with the convenience and security of our private cloud.
We hope to see you in Chicago!Tags: ABA Techshow, Case Logistix, Case Notebook, eDiscovery, ESI, Hosted practice technology, Litigation solutions