Navigating APAC Ediscovery
Ediscovery is expanding in all directions at an incredible pace. According to Gartner’s Magic Quadrant, the global ediscovery market will experience year-over-year growth of about 15 percent as it jumps from $1.7 billion in 2013 to $2.9 billion by 2017. Notably, Gartner expects that the rising prevalence of ediscovery issues in international markets will drive the U.S. share of the market down from 81 percent in 2012 to less than 70 percent by 2017. As we progress into an era where trading and outsourcing in emerging foreign markets has become the norm, familiarity and awareness of international ediscovery issues is exceedingly important for today’s professional.
Of the many regions experiencing significant growth in the ediscovery market, the Asia-Pacific (APAC) region is one of the most pronounced. The rules with regard to ediscovery are also highly varied in this region: while countries like Hong Kong and Singapore are quickly developing and implementing ediscovery laws that align more closely with American practice, other countries such as China and South Korea lack a framework governing ediscovery—or lack procedural rules altogether.
As ediscovery projects continue to permeate country-borders, this blog aims to offer practical tips for navigating multinational disputes in regions like APAC. If you’re interested in learning more about the nuances and developments in ediscovery in Asia, be sure to check out the newest infograpic, “Navigating APAC Ediscovery” on ediscovery.com for a better understanding of this rapidly growing market.