By Paul Brinkmann
South Florida companies that provide litigation support and electronic discovery are offering more fixed-price plans to help companies budget for litigation costs.
In April, Fort Lauderdale- based Credence Corp. rolled out a new managed services platform with more fixed pricing. That follows in the footsteps of companies including West Palm Beach- based FTI Consulting (NYSE: FCN), Kroll and Capsicum.
Data management for litigation has become a huge expense for many corporations. A 2011 study estimated that e-discovery for a significant commercial lawsuit costs an average of $3 million.
By Denise Johnson | June 14, 2012
After six years of study Florida is now fast tracking an e-discovery amendment to its rules of civil procedure.
Though technology is meant to streamline tasks, the way in which the resulting electronically stored information, also known as e-discovery in litigation, is stored, collected and produced has proven frustrating to many involved in the process.
“Most of the issues around e discovery — the cost of preserving, collecting and pressing through this vast amount of data ends up being more than what a case is potentially worth in terms of the lawsuit itself. And so, while the federal courts are still wrestling with this, so are e discovery service providers, and attorneys, and insurance companies with litigation and budgets,” said Dennis Hall, CEO of the South Florida-based Credence Corp., an e-discovery management company.
Credence Corp., one of the country’s premier Discovery Management companies, unveiled its managed services platform at the Association of Certified E-Discovery Specialists (ACEDS) annual conference.
Focused on predictive coding, social media, lawyer malpractice, cost-shifting, and more, the conference took place from April 2 – 4, 2012 at the Westin Diplomat in Hollywood, Fla.
Credence Corp., a Charter Member of ACEDS, shared with the South Florida legal and corporate communities its culmination of best practices for data retention, collection and processing to help enhance effectiveness and efficiency in litigation – packaged in a fixed-price managed services platform.
Credence Corporation, the leaders in technology and law for eDiscovery Management, today announced continued rapid expansion of their Florida market with the Appointment a new Vice President of Sales.
Dennis Hall III, Joint Founding Partner, said, “We are delighted to have Chris on board with Credence Corporation. He has a wealth of knowledge, expertise and experience having held senior management roles in several of the largest litigation support services companies in the industry. Chris has also proudly served for four years in the United States Navy. The discipline that he currently demonstrates as an active officer in the United States Navy Reserves will cascade into our company work ethic, and that’s always a good thing.”
Credence Corporation, the leaders in technology for law enforcement, law offices and financial institutions for Florida, today announced that their Florida operation continues to expand with new offices and trained eDiscovery specialists now strategically positioned at One Biscayne Tower, 2 S. Biscayne Boulevard, Downtown Miami.
Dennis Hall III, Joint Founding Partner, said, “The forensic data collection, eDiscovery and traditional document management has in recent years become more competitive than ever and the demands of our clients are continually challenged. We cannot afford to simply stand still. Although our main corporate headquarters and state-of-the-art forensic laboratory is in Ft. Lauderdale, we decided that another service location a little further south would benefit our dedicated Miami firms.”
Credence Corp – a recognized leader in the South Florida Litigation Support Community, offering Forensic Collection / Analysis, E Discovery, and Hosted Solutions to Law Firms and corporations in Florida, today announced that it is a Relativity Certified Reseller. Credence Corporation now has the ability to provide clients with their own Relativity installation and utilize Credence’s Relativity experience to support that installation. A Relativity Certified Reseller is able to provide informed sales, technical and administrative support before and after the software evaluation process.
Dennis Hall lll, Joint Founding Partner, said, “Clients have the choice to host the application themselves or have our company host and manage their license securely on our servers. In today’s economic climate, it can be extremely cost advantageous to our clients to own an instance of Relativity without taking on the associated costs and risks of building out their own IT infrastructure.”