Case Study: a Fortune 500 financial company reduces legal hold preservation costs with Epiq

Improving Legal Hold Preservation and Reducing Costs for a Fortune 500 Financial Company

The client, a Fortune 500 financial company, faced challenges with its legal hold preservation process. Relying on an IT team unfamiliar with eDiscovery requirements led to incorrect data practices, increasing both spoliation risk and costs. They engaged Epiq to address this critical gap.

Epiq conducted a comprehensive preservation assessment and gap analysis for the client. This collaboration enabled the financial company to automate its preservation efforts, resulting in a 90% reduction in labor costs and the implementation of a systematic process that significantly lowered the risk of spoliation across its global operations.