In the span of two days this week, I’ve noticed that Seagate is coming out with a 3TB drive for $250, and then over at the Bowtie Law Blog, a challenge to make using hosted ediscovery review tools less expensive.
So let’s see, I can buy 3TB worth of storage for my machines, for a measly $250, but if I get sued and need to send my documents to an attorney to review, it’s going to cost me $760 per month for just a few GB? (Using Josh’s estimate, which doesn’t seem far off compared to what I’ve seen quoted)
Does anyone else see a problem here? Technology is making it easier, and cheaper, to store data. The legal industry, however, is making it more and more expensive to be involved in civil litigation, mostly due to the amount of data there is. Somehow, our industry needs to catch up and find efficient ways of dealing with data. The lawyers and vendors who do this, will survive, while those who don’t, simply won’t.
Still think you can continue to practice law the same way you have for 20-30 years? Not likely.