Our Pricing Model: Comparison

Our “24/7” Breach Guard service is based on a client-centric, flat-fee model.  This model appeals to those who are familiar with the typical expenses of outside counsel.  Those who have not had the unpleasant experience of a data breach may not know that many of the fees and costs in the privacy and data breach field (including both preparedness and response) are not very transparent.  To highlight our value, the table below illustrates our pricing model in comparison with the leading legal alternatives (note that the table covers legal costs only and is based on our estimates):

Priv. & Breach Legal service type/provider (base) Cost with two “small” incidents With two “small” & 1 “mid-sized” incident
DataBreachLegal “24/7” Breach Guard service $1000/mo flat fee[1], $12k/yr; $24k/2 yrs base + $10k * 2 → $44k/2 yrs[2] base + $20k + $50k = $114k 2/yrs
Hiring privacy/breach specialist inside counsel $8000/mo → $96k/yr; $192k/2 yrs (salary+ben.) (still) $96k/yr, $192k/2 yrs base + $100k = $292k/2 yrs[3]
Outside law firm (both preparedness consults and incident response) $25-50k/yr; $50-$100k/2 yrs (consulting fees) consulting fees + $100k = $150-$200k/2 yrs[4] consulting fees + $100k + $150k = $300-350k/2 yrs[4]
1: Base rate of $1000/mo for our services is a benchmark estimate, based on a mid-sized company, for illustrative purposes only; actual monthly fixed rate for an organization will vary up or down based on organization size and other characteristics.
2: Our handling of small incidents is estimated at approximately $10k of additional costs over monthly base rate per incident. Estimates are for illustrative purposes only and are not a promise or projection of actual costs in your particular case.
3: We estimate inside counsel will still need outside firm assistance for a medium-sized incident, amounting to about $100k of additional legal charges. Estimates are for illustrative purposes only and are not a promise or projection of actual costs in your particular case.
4: Outside law firm handling of small incidents is estimated at $50k in additional fees per incident and $150k for a mid-sized incident. Estimates are for illustrative purposes only and are not a promise or projection of actual costs in your particular case.