January 13, 2010
E-Discovery technology leader Lateral Data, LP today announced a new and budget-friendly pricing policy for users of its all-in-one ViewpointTM e-Discovery software. For the first time, service providers, corporate legal staffs and law firms can avoid the frustration and surprises typically found in E-Discovery pricing through a simplified approach that covers ALL the major components of the Electronic Discovery Reference Model (EDRM) spectrum, including:
- Collection and preservation of data
- Pre-processing
- Full processing
- Analysis
- Review
- Production
Targeted at the need to minimize costs from the early case assessment process through review and production of data, Lateral Data’s new Viewpoint unified pricing model reduces fees to only two components: Pre-Processing, in which data repositories are identified, cataloged and culled through date/time, NIST and de-duplication filtering; and Processing, comprised of indexing, embedded object and metadata extraction, file validation, creation of a visual index and key term analysis. Other components of the EDRM including Review, Analysis and Production, are included at no additional charge.
“Through its all-in-one Viewpoint software and now through its “one price” policy, Lateral Data is demonstrating its resolve to make the e-Discovery process faster, simpler and less expensive,” said Dean Kuhlmann, VP of Business Development at Lateral Data. “Service providers and litigation support staff are more than ready for dependable and easy-to-understand pricing that removes waste and double-charging. Our new model is simple, fair and all-inclusive. What’s more, for the first time service providers can actually set their own margins utilizing our simplified pricing model.”
Now available in version 4.5, Viewpoint gives e-Discovery service providers, corporate legal departments and law firms an all-in-one solution for executing Pre-Processing, Processing, Analysis, Review and Production of ESI at speeds two to five times that of other leading products. It also offers complex analytics, email threading, visual conceptual analysis, near-duplicate comparisons and more, to keep pace with sophisticated case requirements.
Double-Charging Eliminated
Unlike typical e-Discovery pricing paradigms, Lateral Data’s approach eliminates the double-charging that takes place when data moves through the e-Discovery procedure. Historically, e-Discovery software vendors charge to “pre-process” data and then charge again to handle all culled data in the processing phase, essentially charging twice for the more relevant data. With Lateral Data’s model, processing fees are charged only once. Non-relevant data eliminated early in the process is charged minimally to save costs and budget expenses.
“Budget certainty and predictability are critical factors in every legal organization today,” noted Kuhlmann. “Lateral Data’s new pricing model helps service providers and legal staffs achieve cost management that allows their clients to identify and predict processing, review and production costs early in the litigation process.”
Viewpoint 4.5 is now available for licensing to service providers, corporate legal departments and law firms. For more details on Lateral Data’s Viewpoint simplified pricing policy, or to schedule a Viewpoint demo, visit www.lateraldata.com or call (713) 592-8585.
About Lateral Data:
Lateral Data, LP is a software development and data processing company headquartered in Houston, Texas. Founded in 2003, the company has focused its software development and services efforts in the e-Discovery market; its flagship software application, Viewpoint, covers the primary components of the Electronic Discovery Reference Model, bringing end-to-end simplicity and affordability service providers, corporate legal departments, law firms and OEMs. Viewpoint is available for stand-alone or for multi-tenant environments. To learn more, visit www.lateraldata.com.
