Tuesday, 22 January 2008

IT as a leading indicator for litigation?

Listening to a podcast by InternetNews.com I was struck by a story about a forthcoming announcement by Hewlett-Packard and Clearwell about a new class of eDiscovery services.

Identified as a significant emerging IT market, eDiscovery is software that enables firms to recover, analyze and build relevant data sets of all digital files, e-mails, text messages, and instant messages relevant to litigation. IDC reports that the market will have double-digit growth each of the next 3 years and will be a $21b market in 2011.

This is a bullish indicator for the plaintiffs bar and means that Advisen's database of lawsuits will continue to grow exponentially.

No comments: