E-Discovery Execs Name Top EDD Law Firms; 75% of AmLaw 200 Not Qualified to Handle Complex EDD Matters

Sep 30, 2004, 01:00 ET from EDDix LLC

    MILFORD, Conn., Sept. 30 /PRNewswire/ -- In a research report published
 today by EDDix LLC, senior executives from a cross-section of leading
 electronic discovery suppliers named Jones Day, Skadden Arps, Sidley Austin,
 and Kirkland & Ellis as the top US law firms based on resident expertise in
 electronic document discovery, or EDD.  However, when asked, "What percentage
 of AmLaw 200 firms has the requisite knowledge and experience to
 professionally handle a complex EDD matter?" there was broad consensus that
 the answer was not more than 25%.  The research also provided benchmarks for
 prosecutorial and judicial EDD expertise.
     Other key findings included:
      ** EDDix pegged the market for EDD products and services at $1.3 billion,
         nearly three times higher than other published estimates.
      ** Despite more than 200 e-discovery suppliers, EDDix termed the
         marketplace "unusually non-competitive" owing to the supplier
         selection processes followed by most law firms.
      ** With the EDD market rapidly growing both broader and deeper, EDDix
         predicted ...
           * Near-term marketplace rationalization characterized by ...
                -- Product and service feature/function parity among the top
                   tier providers
                -- Marked increase in the role of clients in selecting
                   e-discovery suppliers
           * Fundamental realignment of the EDD market over the next 5-10 years
             into three tiers of service providers with the top tier reflecting
             the completion of what EDDix termed "horizontal consolidation" or
             the roll-up of top-tier e-discovery suppliers into larger adjacent
             markets as exemplified by the recent acquisition of Kroll by Marsh
     Additionally, the report, entitled "Electronic Discovery in Litigation:
 EDD Supplier Landscape," provides research results and analysis covering:
      ** Key metrics for EDD suppliers including revenues and margins by
         function, organization structure
      ** Benchmarks for EDD product and service features by key function --
         forensics and restoration; collection and extraction; culling; review;
      ** EDD product and service pricing
      ** Supplier executive attitudes toward market trends and players
     Research participants included senior executives from Aspen Systems,
 Daticon, DOAR, Document Technologies, DolphinSearch, Electronic Evidence
 Discovery, Fios, Forensics Consulting Solutions, FTI Consulting, KPMG, Kroll
 OnTrack, Merrill, nMatrix, On-Site Sourcing, and Pacific Legal.
     A 30 page abstract of the research report can be downloaded free from the
 company's web site at http://www.eddixllc.com.
     EDDix LLC (http://www.eddixllc.com) is a research-analysis-publishing
 company covering the electronic data discovery market.