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Posted on: September 27, 2017

in Blog

​5 Reasons eDiscovery Alternative Fee Models Make Sense for You

When it comes to eDiscovery and litigation support, no two clients – and no two matters – are the same. With myriad data types, project workflows and court-imposed deadlines, even the most standard cases have their nuances. In recognition of the fact that there really is no one-size-fits-all in the legal industry, there’s been a marked increase in alternative fee models aimed at accommodating the uniqueness of each case and client. 

Law firms often offer their clients one or more alternative fee arrangements (AFAs), including contingency, and flat, capped or blended fee models. In the eDiscovery world, vendors have begun mirroring AFAs for packaging their service offerings. So, why might alternative fee models (AFM) make sense for your next eDiscovery project? I’m glad you asked!

5 Ways an eDiscovery AFM Can Benefit You:

1. You can choose the arrangement that’s best for you. 

In addition to standard time and volume-based pricing models, where you pay for the more data you have, vendors such as D4 are offering thoughtful, flexible alternatives.  The first step in choosing the right AFM is to take the time to understand your budget and your organization’s specific needs. This will help you avoid paying for unnecessary services, and facilitate an informed conversation between you and the service provider. D4 offers four such AFMs designed so our clients don’t feel forced into a prescribed model that may not be the best fit for their unique needs.  

2. Take advantage of a strategic partnership with industry experts. 

When D4 designs new pricing models, we consider the fact that technology is becoming more commoditized, and is often not the deciding factor when choosing a service provider. 

Our 4 new flexible pricing models are based in Relativity, and give you access to the most robust eDiscovery software at a competitive rate. Learn more about these offers today!

We recognize that our people are what truly makes our clients’ experiences successful, so we take a consultative approach to fully understand our client’s needs, the intricacies of the case, and any potential pitfalls before diving in. Based on what is learned in that analysis, we’re able to recommend the best AFM fit, resulting in cost savings for our clients.

3. Competitive rates will help you stay on budget. 

Many law firms have done away with the billable hour in favor of more creative fee arrangements. Similarly, eDiscovery vendors are offering deep discounts on services, particularly for bulk purchase. 

As alternative fee models gain traction in the eDiscovery vendor sphere, we’re sure to see myriad variations on the theme of providing great eDiscovery outcomes, supplemented with access to world-class technology and skilled experts, all at a fair price.

Some vendors allow you to pay for their services up-front at a discounted rate, so you can be prepared when an eDiscovery case comes up. eDiscovery costs can quickly add up, so vendors sometimes waive certain processing- or hosting-related fees when you pay upfront. For example, one of D4’s most popular AFMs includes zero-fee hosting storage. Coupled with our world-class engineering and litigation support staff, our clients have realized financial and consultative benefits to these offers.  

4. Easily show rationale and value for end-clients. 

D4 often helps our law firm clients make the case for our services to their end clients. In many cases, fear of the unknown leads to uncertainty about the necessity of eDiscovery services. While it is easy for those of us who’ve been in the industry for-ev-er to see the value of deduping, processing, search terms and analytics, by offering comprehensive services in various bundles, D4 has made it even easier to convince your clients of the value. With AFMs, you’re able to save your clients’ money and time, and potentially achieve a better outcome on their behalf.

5. Simple and predictable monthly payments.

The world of lawsuits and litigation is rarely simple, and with custodians, witnesses, opposing counsel, court deadlines, depositions and motions, the last thing anyone wants to do is try to understand how and why they are being billed by the eDiscovery vendor. With D4’s AFMs, we’ve made it simple to understand what you’re paying for, and have brought a level of predictability to your monthly invoices. 

As alternative fee models gain traction in the eDiscovery vendor sphere, we’re sure to see myriad variations on the theme of providing great eDiscovery outcomes, supplemented with access to world-class technology and skilled experts, all at a fair price.

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