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Franklin Data Unveils Its Pricing Model for the Firm's Electronic Data Discovery (EDD) Services to Law Firms, Corporations, and Government Agencies The EDD pricing model, since Franklin Data's inception, has been based on Franklin Data client's raw, original, uncompressed media. For clients looking to gain control and predictability to their electronic data discovery process, the Franklin Data pricing model is the ideal solution usually saving clients 60-75% from traditional processing methods used today by Franklin's competition. Competition which is usually based by the image or by the output size of data, both of which are highly unpredictable and can be costly. (PRWEB) July 26, 2004 --In a niche business like processing electronic evidence, law firms, corporations, and government agencies find themselves falling victim to quoted image counts between 50,000 to 100,000 per gigabyte of data to be processed. This is an estimate but nonetheless a 100% variable. In the wake of an outbreak like electronic data discovery, the million dollar question continues to be how much it will cost and how many images will be the result. Reasons for these two questions stem from an industry built on "click charges" which, in some cases, can be 3 clicks to create a single image with text and metadata output. Just about every litigation support service bureau that offers electronic evidence as a service, charge their clients by the image, text, and metadata or by each. Whichever the client chooses, the cost will typically hit at least 10 cents per image and upwards of 20 cents depending on who you use and or how fast you need it back to begin your review process.
Today, Franklin Data offers their clients the ability to regain control of their electronic data discovery and do so in an economical way. Franklin Data is built on specific values that help clients realize the much anticipated predictability and reliable services at a fair price. Although Franklin Data is a non-conventional litigation service bureau today, Franklin Data is built on the future demands of digital litigation needs and sees the future very clear says Matthew Blake, Managing Partner and Founder of Franklin Data. Another reason why Franklin Data created their pricing model is that Franklin Data sees the end to end electronic discovery process as 3 individual deliveries. The puzzle consists of culling, processing, and review. Clients wishing to do the culling and review hosting can save tremendously by outsourcing just the processing to Franklin Data to TIFF, extract text and metadata and ultimately provide a load file back to the customer such as Concordance, Summation, iConect, or Ringtail.
With the continuing unpredictable outcome of electronic data discovery and the increasing amount of data being discovered, the need for fixed predictable pricing is becoming more necessary. Certainly as hardware manufacturers continue to boost their data storage capabilities, storing data becomes cheaper and easier for companies and individuals thus increasing the demand for more complex electronic data discovery, says John Aben, Senior Vice President and Co-Founder of Franklin Data.
About Franklin Data:
With a history dating back to 1990, Franklin Data's founders created much of the intellectual discipline that has become the standard in electronic discovery today. Powered with significant proprietary technologies and resources, Franklin Data is one of the only true technologically advanced electronic evidence firms today. Franklin Data provides Electronic Data Discovery processing in all 50 states. Headquartered in Los Angeles California, Franklin Data is one of the largest service providers in the state with the ability to process in excess of 15 million images per month and growing every day.
Contact Information: Franklin Data, Inc. Matthew Blake, Managing Partner 31200 Via Colinas Drive Suite 102 Westlake Village, CA 91362 Toll Free (888) 632-7013 x705 Local (818) 879-0500 x705 E-mail: mblake@franklindata.com Website: www.franklindata.com
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