Cloud-Native Benefits Reduce the Cost and Effort of Litigation (Yay?) – PaymentsJournal

Microservices in can (containers) are eliminating capital expenditures on computers and eliminating the need to have computers on standby to address peak loads, making specialized computer services such as AI and large storage and analytics readily available, and lowering the cost of collecting data across multiple sources and different languages. Cloud native litigation software leverages these same benefits:

Software solutions developed in the serverless cloud are distinct from their monolithic predecessors. They can leverage serverless containers to scale their functions depending on load, without requiring intervention, allowing software developers to focus on solving business problems using the appliances provided by companies like Microsoft, Amazon or Google. If your company wanted to develop and introduce language translation into a product, for instance, you could implement it in six weeks instead of six months by taking advantage of existing tools.

If my company wanted to run deep learning statistical algorithms twenty years ago, we would have had to invest in cost-prohibitive hardware. Now we use Azure Databricks for predictive algorithms in our litigation tech software, which is far more affordable but equally effective.

Most of these serverless appliances have a pay-per-use model instead of requiring you to pay for provisioning, resulting in significant operational cost efficiencies. Serverless cloud computing gives a software product the ability to be agile, affordable and innovative.

The Democratization Of Discovery

Cloud-native software products can therefore solve cost and adaptability challenges in law firms. The same product can be used by both a small firm and a large firm without compromising feature robustness. Traditionally, cheaper products in this space would lack features and wouldnt be able to scale. Serverless cloud computing and cloud-native solutions shift that paradigm.

Without a large capital investment, small or medium-sized law firms can now take on a case with terabytes of data, use an unsupervised machine learning-driven early case assessment module and cull the data to focus only on responsive documents.

Overview byTim Sloane,VP, Payments Innovation at Mercator Advisory Group

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Cloud-Native Benefits Reduce the Cost and Effort of Litigation (Yay?) - PaymentsJournal

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