What’s the difference between how corporations define and pursue eDiscovery best practices and how law firms and vendors pursue this same goal?

Our New York breakfast confirmed that corporations are primarily concerned with cost savings, predictability and avoidance. While law firms and vendors are primarily motivated by revenue generation (gross and net) driven by productivity and efficiency on one hand and—in too many models/cases—the billable hour on the other.

Our spring breakfast series will continue in Washington, DC this Thursday, April 24 where we will continue to workshop and explore the meaning of corporate eDiscovery best practices and maturity while comparing and contrasting the same for law firms and vendors. How are best practices the same? How are they different?

Our discussion will be driven by Sprint Nextel, Capital One, Norfolk Southern, Fannie Mae, Towers Watson, McDermott Will, Mayer Brown, Patton Boggs, and Williams Mullen.

In my view, any best practices and mature business model requires a declared mission statement, vision of purpose, and sustained investment in people, process, and technology. I expect DC will be an exciting exchange of ideas.

For more information on this breakfast series and other Cowen events, contact us at events@cowengroup.com.