Document review is the most expensive part of the discovery process, by far. So anything you can do to reduce your document corpus can have a significant impact on the overall cost of a matter.
Money matters, but eliminating downtime and freeing up your teams to accomplish more can also be incredibly important. Indeed, many in-house teams cite a lack of bandwidth as their primary impediment to handling more work in-house.
Our numbers so far have all been tied to single matters. But if you want to look at your ROI more expansively, determining your annual ROI isn’t difficult, either. Simply calculate your average matter volume over a year, then multiply it by your typical per-matter ROI. You can do this for data reduction, time savings, or any other ROI metric you’re using.