Jim Vint is a Managing Director in Navigant’s Global Legal Technology Solutions team which offers global eDiscovery and data analytics services to enable effective digital risk management. Navigant has launched what it calls the Navigant Reference Model, and I asked Jim Vint to explain it to me.
Jim Vint said that Navigant has been following how corporate clients interact with third-party providers and with external counsel. These days, he says, the focus is less on data volumes and more on solving a business problem, and Navigant has redesigned its processes to meet those needs.
The result is a quadrant which takes account of the various platforms which Navigant uses, and the data formats and data types, both traditional and emerging, which are appearing in the market.
The analysis, Jim Vint says, results in new efficiencies and in enhancements in workflow, cost and speed, including getting better feedback from analytics tools.
Not the least of the benefits emerging from this is the development of new pricing models to take account of what the clients want.