London, UK (PRWEB) November 28, 2012
A new era in eDisclosure has arrived and LDM Global has made amazing investments in technology that will drive the eDisclosure cost conundrum into insignificance. This global litigation service provider can now offer customers a full gamut of pricing models, from simple two line item invoicing to one predictable flat fee for all of their eDisclosure needs. The ballooning costs of eDisclosure are now a thing of the past.
When asked why LDM Global has taken this new approach, CEO Chris O’Reilly stated, “We have been listening to our clients and they are crying out for predictability in their annual eDisclosure budgets. They are tired of being chipped away at by vendors with per GB, per doc, per hour, per license fees and any other creative price unit you can think up. The current industry price model is just too complex.” O’Reilly goes on to say, “Our goal is to simplify the whole process and make the outcome as easy and predictable for our clients as possible. With our new technology and current gains in business efficiencies we now have the ability to do just that. We believe this is a game changer for us.”
When pressed for examples of cases that have demanded these new efficiencies, O’Reilly outlined a recent case working with a top 10 global law firm. Using LDM Global’s new technology and pricing model over the traditional and popular industry solution, this top 10 law firm was able to see a 50% cost reduction on their invoice. O’Reilly stated, “It was a fantastic experience – the law firm’s client came to us wanting to use a review tool they had previously used in-house. We are technology agnostic, so we’re able to cater to our clients requests and offered them this tool with a price estimate. When the end client saw the estimate they asked for a further reduction in price. We said we were unable to accommodate this request using the preferred tool, as we are locked into license fees pre-set by the software company, forcing us to pass on those costs.”
O’Reilly goes on to explain, “We then offered them the option of our newest tool, enabling us to offer a capped fee on processing at half the price of the traditional approach. Less than 12 hours later the end client responded and said ‘go for it.’” Within two days of LDM Global receiving the data, lawyers were reviewing over 3,000,000 emails. The end result was that the client saved a fortune and the final invoice was exactly the same as what was estimated.
“The conclusion is - the corporate client does not care about the name of these technology tools, or whether a software company has marketed them so well that they have become the most popular name on the market. The corporation’s ultimate concern is function, service, cost and its associated predictability,” says O’Reilly. With LDM Global’s new tool and price model it is impossible not to acknowledge that the industry is finally able to move out of the “wild west” and into an era of sound, predictable and good old fashioned business sense.
About LDM Global
LDM Global (http://www.ldmglobal.com) specialises in eDisclosure projects worldwide. Their expert legal and technology resources include: data collections, computer forensics, early case assessment and data processing, hosted document review, offshore attorney review, data privacy expertise, international project coordination, electronic discovery strategies and legal copy & imaging services. Current global operations include seven key locations – London, Brussels, Paris, New York, Washington DC, Reston, VA and Sydney.