TCR is a commonly used abbreviation for ‘total
cost of review’ This is the amount spent on a complete e-discovery workflow. A team with Relativity analyzed TCR and has reported its results here.
As the below chart shows:
Review cost still takes up most of the budget, with processing cost coming in a distant second. Collection and hosting fees are minimal.
The study shows that targeted collection will reduce TCR in the long run, if not in the first couple of months.
According to the study, if targeted collection is performed, in the end TCR will be reduced by almost a third.