The Global Data Explosion in the Legal Industry
This was originally published on SDL.COM. As we consider and look at the various forces impacting the legal industry today, we see several ongoing trends which are increasingly demanding more attention from both inside and outside counsel. These forces are: The Digital Data Momentum Increasing Concern for Data Security The Growing Importance of Information Governance Increasing Globalization The Digital Data Momentum Several studies by IDC, EMC and academics have predicted for years that we are facing an ever-growing data deluge and content explosion. The prediction that the digital universe will be 44 zettabytes by 2020 means little to most of us. But if you state that 500 million tweets, ~300 billion emails, 65 billion Whatsapp messages are sent, and 3.5 billion Google searches are made every single day , many more of us would understand the astounding scale of the modern digital world. While only a small fraction of this data will flow into the purview of the...