Trends in Discovery and Asset Searches in 2020

The pace of technological innovation has quickened over the past few years and has changed the way many industries conduct their business. No industry is immune to these changes and this includes the legal industry. Discovery and asset searches have been a critical part of the legal industry since its early days; however, the growth of the internet has changed the way numerous professionals conduct their work. Now, the growth of electronic discovery has taken the world by storm.

One of the biggest trends has been the growth of having a tech-certified staff who can provide assistance in the cases. Legal teams are going to need to be multi-disciplined and versatile enough to tackle a variety of issues. The review stage is a critical part of the legal process. In 2020, there is going to be a growing need for professionals in the legal field who can get certified to handle the various types of electronic discovery that are going to play a role in both criminal and civil cases. This means not only paralegals but lawyers and even private investigators as well.

Next, there has been a growing rate of data breaches that have impacted some of the biggest companies in the world. The Equifax data breach was one of the biggest during the past few years. The regulations are starting to catch up. There are going to be new laws put into place that govern the steps these companies have to take to make sure the data of its users have been protected. Even California has passed a sweeping data privacy law into place that will change the way companies do business. Therefore, it is going to be critical for the electronic discovery process to follow these privacy protection rules as well.

Finally, another trend in the world of discovery and asset searches is going to be a growing demand for translation services. This is a global world. Companies are doing business across international borders. This means that there is going to be a growing need for efficient translation services. This includes not only text but also audio and video translation as well. These services are going to have to rise to meet the growing challenges facing the world of discovery and compliance searches. Robust translation options are going to be needed. This includes both machines and people.

These are some of the biggest trends that are going to take place in the world of discovery and asset searches. There is a growing need for efficient, reliable, and safe discovery services in the electronic field. It will be interesting to see what type of changes take place in 2020 and beyond.