In general, e-discovery spending continues to grow, although with changing processes and tightening prices, some providers are beginning to feel the pinch.
EDD Market Growth Will Continue
Our survey covered the 2005 calendar year. Based on our research, we estimate that 2005 commercial EDD revenues were nearly $1.3 billion, up 56% from 2004. We estimate that the top 30 providers collected about $450 million. An additional 360-plus providers accounted for another $455 million, while 'do-it-yourself' firms (law firms and companies handling EDD work themselves that otherwise would have been sent to a provider) represented $90 million.
By
George Socha And Thomas GelbmannThis premium content is locked for LawJournalNewsletters subscribers only
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