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Update Discovery’s Drew Titus and Larry Samilow Discuss How CFOs Can Budget and Manage Litigation Costs in CFO Studio Interview with Andrew Zezas
Legal Experts Discuss Cost Containment
(Somerset, New Jersey): Andrew Zezas, SIOR, the host of CFO Studio and CEO of Real Estate Strategies Corporation, announced today that Drew Titus, Chief Operating Officer, and Larry Samilow, National Sales Director of Update Discovery…….Update Legal, appeared as guests in an interview on CFO Studio. The two experts discussed how CFOs can budget and manage litigation costs. The 10 minute video interview and a full transcript are both available at www.CFOstudio.com.
In the guest interview, Drew Titus stated “As a country, we are sending six trillion emails each year. Most of those emails trickle down into litigation”. He added “Email has become the new frontier for litigation!” Larry Samilow added “CFOs have an elevated position in terms of responsibility and authority, and CFOs are looking at litigation costs.” Andrew Zezas was quoted as saying “Litigation is obviously an important financial issue and one that is best addressed when finance collaborates with legal, management, and external service providers.” He added “Update Discovery appears to have a solid handle on litigation cost containment. We’re extremely pleased that Mr. Titus and Mr. Samilow elected to appear as guests on CFO Studio!”
About Update Discovery
Update Discovery’s philosophy is one of the key elements that set it apart from the myriad of other vendors in the marketplace. At the heart of their philosophy is their belief that the Electronic Discovery Reference Model (EDRM), the current accepted roadmap for discovery, is flawed. As the model is currently applied, it leads to inefficiency, lack of accountability and increased costs. While initially serving as a good foundation for describing the various aspects of the discovery management process, the model has not kept pace with rapid technological, legal and practical developments.
Update Discovery’s answer is to take a holistic approach to the EDRM and discovery management. This approach results in having one discovery strategy integrating all disciplines of the EDRM. Update Discovery does not believe that their clients are best served by having separate strategies for collection, processing, hosting and review, an approach that is common in the marketplace. At Update Discovery, they view themselves as a key stakeholder in the discovery process. They believe in a collaborative approach where they work with the client and their law firm to eliminate finger-pointing, communication inefficiencies and cost overruns. This approach creates accountability, efficiency and transparency amongst all key stakeholders.
About CFO Studio
CFO Studio spotlights New Jersey area senior finance executives, providing them with the opportunity to share their knowledge and communicate their perspectives on current economic, financial, operational, and business issues. Visit www.CFOstudio.com.
Funding for CFO Studio is provided by Real Estate Strategies Corporation, providing corporate real estate advisory and transaction services to CFOs, Management, and corporate Boards in New Jersey and around the United States. Andrew Zezas, CEO of Real Estate Strategies Corporation, is the host and moderator of CFO Studio.
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