How Much Will my eDiscovery Project Cost?
As you would expect, one of the first questions that is asked during any consultation for eDiscovery services is, “How much will it cost?” -2.png?width=373&name=Untitled%20design%20(2)-2.png)
The answer almost always comes back as “it depends….”
Of course, it depends! But on what?
The simple answer is... What services are required? The amount of data to be processed, the volume of data to be hosted, and the number of users required to access the system all have an impact on the cost of an eDiscovery project.
In this blog, we hope to give you the formula to provide the best guess of how much your Project is initially going to cost and also what the ongoing monthly costs are going to be.
It won’t be exact, but hopefully, it will help.
So here we go.
Data Collection:
Data Collection is often priced in two ways – Are the devices (Data sources) coming to us, or are we going on-site or collecting it remotely?
- If the devices are being delivered to us, then as a simple rule of thumb, you will be charged £650 per laptop and £350 per phone.
- If we are collecting remotely, you can expect £350 per webmail account.
- If we are going on-site to collect the Data, we charge £1800 per day.
Data Processing:
Size is important, and no more so than when pricing for Data Processing. Processing is often charged according to the volume of data that
requires processing, and this is normally charged on a sliding scale, so;
- If you have 1Gb to Process, then you can expect to be charged in the region of £80.
- If you have 1Tb to process, then you can expect to be charged in the region of £50 per Gb, or £51,200 for the Terabyte.
“So how much Data do I have?”
If you don’t yet know the size of your Data-set, but you do know how many Custodians you are dealing with, a good yard-stick would be to allow approximately 7Gb of data per Custodian.
Of course, from time to time the per Gb model doesn’t fit when it comes to very large data volumes. This is where you may come across sliding scales or fixed pricing.
From here we move on to the question: What are my ongoing costs going to be? Again, it depends, and once again, this won’t give an exact answer, but it will give you a good steer on what you can expect your monthly outgoings to be.
The two main ongoing costs for any eDiscovery Project will be Data Hosting and User Fees.
