Why I Recommend Goldfynch’s eDiscovery Platform to Small Law Firms

It’s essential to use an eDiscovery platform if you are a litigation attorney. The problem is that small firms just can’t afford big name platforms. I suggest that my clients use Goldfynch. It’s fairly user-friendly and has everything necessary to review, produce, and view eDiscovery documents. The platform can be found here: https://goldfynch.com/

What I like best about Goldfynch is that you do not pay for project management, uploading files, purging files, and monthly fees to use it. Let’s take a look at the cost comparison below:

Goldfynch	Cost	Some competitor platforms	Average Cost across competitor platforms
Upload of documents	$0 10 minutes and the knowledge to do it	Upload of documents by Project Manager (average PM rate $190-250 per hour)	Depending on GB size- $400 or more
Purge Documents	$0 10 minutes and the knowledge to do it	Purge of documents by Project Manager (average PM rate $190-250 per hour)	Depending on GB size- $400 or more
Monthly user fee	$0	User fee for each party accessing the platform	Around $75/person
Cost per GB to host	3 GB @ $27/month 5 GB @ $38/month 10 GB @ $76/month The billing is prorated based on start/end dates. You can upgrade or downgrade your case at any time, and it’s prorated.	Cost per GB Active Cost per GB Inactive “Nearline” (inactive/no access) This is usually done when pending appeal.	3 GB @ $24/month 5 GB @ $40/month 10 GB @ $80/month 3 GB @ $6/month 5 GB @ $10/month 10 GB $20/month
Project Manager Contact/Communication	N/A No Project Manager costs, but customer service is free	Project Manager Contact/Communication You will be charged for any contact with the project manager. Even for brief questions or issues.	Approximately $190-250/hour (hourly rate rounded to quarter hours)

Despite paying a little more per GB because Goldfynch does not offer “nearline,” you won’t be paying high costs for access and processing.

Goldfynch software has a broad range of capabilities including:

• Search features using complex Boolean searches

• Saved search capabilities

• OCR of documents (takes the text of a document and makes it searchable)

• Automatic Data Classification

• Metadata information (who created the document, document modifications, dates and times, and document location)

• Identification of duplicate documents

• Document tagging

• Free document processing

• Bates numbering

• Redacting

• Production Exports

• Links to productions for opposing counsel to view produced documents

• Cloud based housing with bank grade data security

Goldfynch will even allow you to upload a small set of documents to evaluate the platform, free of charge. It’s well worth looking at for small law office eDiscovery needs.

Check out my article on “What Small Law Firms Need to Know About eDiscovery” where I discuss the importance of metadata and Native format documents.

Disclaimer: This information is my personal opinion only. I am not affiliated with Goldfynch.