Iris Data Services offers fixed prices for eDiscovery matters together with a managed services model which is designed to allow corporations and their lawyers to focus on the issues, the strategy and tactics of a dispute or investigation.
In this video, Iris President Major Baisden explains why he says that the traditional model of eDiscovery is broken. Its succession of stages, each more expensive than the one before, discourages lawyers from taking the next step in the case.
The 10,000 or so matters in which Iris has been engaged has allowed them to treat the whole management of each source as a unit. Amongst the other benefits, he says, is that this reduces friction between the law firm, the corporate client and the provider.
This interview was filmed in Hong Kong, where Iris is bringing the same fixed-price model to the Asia-Pacific reason region as it pioneered in the US and has successfully rolled out in the UK and mainland Europe.