Survey: Ignorance About Cybersecurity at Corporate Law Departments Still Pervasive

FTI Consulting on Tuesday released an “Advice From Counsel” report on eDiscovery, which found that only slightly more than half of companies interviewed are making efficient use of predictive coding.

For the survey, Ari Kaplan Advisors conducted 31 telephonic interviews with in-house lawyers from the Fortune 1000 on a confidential basis. Eight four percent of the participants work at companies with more than $5 billion in annual revenue, according to FTI. On an annual basis, 71 percent of the participants reported spending at least $500,000 on eDiscovery, and 14 percent reported spending more than $5 million.

Some key findings from the report include: ...