Sustained by a nationwide propensity for litigation and an increasing volume of electronically stored information (ESI), the market for e-discovery software products seems destined to continue its dramatic growth for the foreseeable future. Gartner reported that e-discovery vendor revenue grew 30 percent in 2008, and predicts an annual growth rate of 21 percent through 2013.
“Many industries now see e-discovery as a core aspect in their businesses,” says Whit Andrews, an analyst at Gartner. “Certain highly regulated industries in particular, such as energy and pharmaceuticals, are bringing the function in house, fueling sales of these software products.”
Although it is not a fit for every organization, conducting in-house e-discovery is less expensive than outsourcing it, and can simplify coordination of cases. Early case assessment based on the findings can help organizations make a quick decision about whether to settle or go to trial. When the case is resolved, through a settlement or verdict, the legal hold is removed from the documents, and they go back into the normal document retention life cycle.

