Electronic Discovery, or eDiscovery, can be the single largest line-item cost in a litigation budget. eDiscovery costs can rapidly expand for firms that don't have solid control of preservation, collection, processing, hosting, review and production best practices and operating procedures. In the face of the unpredictable costs associated with litigation projects, many companies have concluded that it is no longer feasible to manage eDiscovery exclusively in-house, nor to rely exclusively on outside support. This is one key reason why Managed Services partnerships are fueling TERIS's growth.
Due to the explosive proliferation of electronic business documents, partnering with a dedicated and competent litigation support services firm is a crucial step on gaining control and visibility.
A partnership with TERIS for Managed Services is:
- Financially Responsible: The Managed Services partnership reduces the costs of managing internal staff and systems in-house, allowing for predictable pricing and more accurate budgeting. Such control is difficult to achieve under the traditional a la carte model, and is impossible when those functions are farmed to outside counsel or litigation consulting firms.
- Strategically Smart: TERIS provides a vast knowledge base, systems and processes that fill procedural and information gaps that may exist in-house. TERIS provides a strategic advantage by tailoring solutions for the unique needs of its Managed Services partner, and ensures repeatability by staffing a dedicated Project Manager.
- Measurably Efficient: TERIS helps corporate legal departments avoid competing for resources that law firms, specialty practices, consulting firms, and other corporations are fighting for. Your TERIS Project Manager is dedicated solely to your Managed Services partnership.
- Safe, Secure, and Certain: By affording its Managed Services partners visibility and control over data and workflow, TERIS can reduce exposure to costly risks. Because your Project Manager will be intimately familiar with your workflow and your data, they can help navigate the complex, prolonged and unpredictable eDiscovery landscape - and achieve repeatable results.
Partnerships with TERIS Managed Services provide businesses - especially serial litigators - with an intelligent, reliable, cost-effective, and scalable methodologies to handle almost all eDiscovery matters in-house in a manner that makes clear business sense. Managed Services empower businesses to establish predictable pricing/ and budgets, develop effective, defensible eDiscovery processes, and provide access to best practices experts, and the result is create a partnership with an industry leader who they can consult with provide immediate value, and can also leverage the knowledge amassed in individual cases to provide even greater efficiencies in subsequent litigation.
Eleven Key Benefits of Managed Services:
- Cost Effectiveness:TERIS Managed Services can help avoid the massive equipment, technology, and staffing costs of creating an in-house eDiscovery solution. At the same time, TERIS can greatly reduce the costs associated with using outside/retained counsel, or reinventing the eDiscovery process for each new matter on your docket.
- Cost Predictability: The Managed Services partnership allows your business to control annual eDiscovery costs through subscription-based pricing. You will enjoy peace-of-mind knowing that your eDiscovery management obligation is going to be affordable, predictable and in-control.
- Investment vs. Expense: TERIS Managed Services empower you to finally predict the total cost of ownership and fix an expected budget, while providing the option to rollover the service to a 'right-sized' in-house solution that's augmented by external, yet parallel outsourced services.
- Consistent Results: Managed Services provide predictable eDiscovery systems that are truly repeatable and defensible in court.
- Customized Solutions: Managed Services position you to access solutions that fit your unique business needs, and help you avoid paying for technologies or tools you don't need.
- Flexible and Scalable: Managed Services programs can seamlessly adjust to your changing, and often unpredictable, eDiscovery obligations. One month may have substantial activity, while the next may be relatively calm. With a Managed Services program, the cost spikes associated with se such cycles are leveled off.
- Access to Experts: Managed Services allow your business to deploy proven and qualified experts along the full spectrum of the EDRM, all seamlessly coordinated by your dedicated Project Manager.
- Best-fit Technologies: By leveraging Managed Services in your eDiscovery management portfolio, you will have the freedom to choose the right technology for a specific need. TERIS knows that there is no "one-size-fits-all" technology solution when it comes to eDiscovery. Managed Services will help you choose the best eDiscovery tools and to devise workflows that exploit efficiencies associated with them.
- Increase Efficiency: Managed Services compliments your business with a single eDiscovery partner in a valued and trusting relationship. This creates an efficient workflow, which improves the quality of work, as well as financials.
- Optimize IT Staff: Managed Services minimizes the burden that eDiscovery obligations place on in-house IT staff, so they can efficiently spend time on more on productive and profitable activities. TERIS Managed Services serves as a force multiplier for your internal IT and data collection efforts.
- Personal Focus: Managed Services allows you to get the personal and focused attention you need from a dedicated Case Management team -- one that knows the ins and outs of unique, and often complex, technology issues underlying legal matters.
In light of these compelling benefits, it's clear that Managed Services is the smart solution for today's business environment. What's also clear is that TERIS is the right solutions partner for your eDiscovery management needs.
With a national network of offices, TERIS has the expertise, experience, skill, and knowledge it takes to deliver the full range of benefits described above - including proven and significant cost savings.
TERIS Managed Services advantages include:
- The Most Complete and Sophisticated Litigation Support Technologies
TERIS is constantly testing and evaluating new technologies, techniques and products to improve output and efficiency for our clientsclientele. TERIS customers are able to utilize our best-in-class technologytechnologies, software, and workflows, and practical experience.
- Consistent Pricing
Our TERIS's subscription-based model allows you clients to accurately budget future annual eDiscovery costs - allowing you them to shift capital expense costs to operational expenses, and - significantly reducing upfront investments.
- Project Management & Industry Expertise
TERIS's leading Case Management team includes an experienced group of project managers, eDiscovery attorneys, and highly experienced technical litigation support technical staff.
- Capital Expenditure Savings
Why purchase software and hardware only to have it become obsolete a month later, when TERIS has already identified and invested in the best-in-class technologiesy? We As your litigation portfolio expands, you' are not limited by your internal IT budgets to meet new demands. TERIS have has the ability to scale in order to meet Terabytes terabytes of storage depending on your needs.
To learn how TERIS' Managed Services team can assist you, contact a TERIS representative today!
