Taking the Pulse: Litigation Management Today

What’s on lawyers’ minds when they think about litigation management and associated strategies and tools? The “State of Litigation Management” report, recently released by LexisNexis, sheds light on current beliefs and attitudes held by both corporate and law firm attorneys.

The overview:

• Balancing large amounts of data against budget limitations remains a critical concern.
• Alternative fee arrangements (AFAs) are viewed as important by both corporate and law firm attorneys – and establishing pricing remains the biggest challenge.
• Keeping up with technology is a big issue for both corporate counsel and law firm attorneys, with younger lawyers showing greater interest in staying on top of new developments.
• Legal technology is vital to case analysis – primary examples include accessing data from mobile devices and using technology to organize key documents.

Some details about addressing these challenges:

• 53% of lawyers in firms and corporations find the “review” and “identification” phases of e-discovery to be the most time-consuming.
• 30% of attorneys in large firms “hire third-party vendors” and 20% “hire people” to manage the costs of e-discovery in 2011.
• 86% of lawyers do not consider outsourcing to overseas for e-discovery review as the biggest issue facing the legal industry today.
• 64% of attorneys want to see case analysis tools integrated with litigation document management.

Looking for more information? The full survey report, “State of Litigation Management,” is available for download here.

Leave a Comment July 12, 2011