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Legal driving technology v. Business driving technology |
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In the global world it seems a shift is starting. It seems that a company to successfully operate must successful merge the IT, legal, and business needs to manage internal risks and costs.
A central driving force: e-discovery. It seems in the morass of technology deployments underlying the rapid transition from paper to digital. Of course, substantial cost efficiencies have been achieved, but companies are realizing that there was a lapse in the process of translating paper to digital records.
This lapse initially was not that evident, but it has been compounded by the rapid adoption of the Web and communication tools by companies. One of the result: the 1000's of paper documents which lawyers reviewed 10 years earlier have become 1,000,000's, resulting in substantial legal and technology costs and risk. \
Is it possible that this substantial rise in discovery costs is driving the need to manage the intersection of law, technology, and business?
I think to some extent.
What do you think? How does this impact companies who operate mainly outside of the United States?
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