Revised Fee Structure Promotes Equitable Investments for Electronic Discovery Providers
SAINT PAUL, MN--(Marketwired - Jan 6, 2015) - EDRM, the leading standards organization for the e-discovery market, today announced a new membership fee structure. Effective immediately, all provider organizations are subject to the same annual membership fee of $1,000 regardless of size. The new fees promote greater equity among provider organizations, including both law firms and software or service providers.
"Providers" are defined by EDRM as organizations that offer e-discovery and/or information governance services and/or software. Providers include consultants, law firms, service bureaus, software developers and vendors. All provider members may have an unlimited number of representatives participate in one or more EDRM projects or initiatives and are allowed access to member-only EDRM content. Each member organization is listed on the EDRM website as a member and is free to promote its membership and participation in EDRM through a variety of channels.
In September 2014 EDRM announced a revised fee structure that allows all consumer organizations -- corporations, governmental entities and academic institutions -- to join EDRM and enjoy full membership benefits free of charge. This has not changed as part of the 2015 updated fees, and students remain eligible for EDRM membership free of charge as well. Individuals may join EDRM for $200.
Since its inception nearly a decade ago, EDRM has welcomed the participation of practitioners from all areas of the e-discovery market. As part of the EDRM community, legal and technology professionals from law firms and a variety of software and service providers collaborate with members of the consumer legal market to develop practical tools and resources that benefit the industry as a whole.
EDRM creates practical resources to improve e-discovery and information governance. Launched in May 2005, EDRM was established to address the lack of standards and guidelines in the e-discovery market. In January 2006, EDRM published the Electronic Discovery Reference Model, followed by additional resources such as IGRM, CARRM and the Talent Task Matrix. Since its launch, EDRM has comprised 306 organizations, including 183 service and software providers, 70 law firms, 40 corporations, 6 governmental entities, 3 industry groups and 4 educational institutions involved with e-discovery and information governance.