Spire Capital today announced that it has closed on the sale of Lighthouse Global, a leading technology-enabled eDiscovery and advisory services business. Financial terms were not disclosed. Macquarie Group acted as exclusive financial advisor to Spire Capital and Lighthouse. Dentons served as legal counsel to Spire Capital and Lighthouse.
This updated article highlights one approach to evaluating the selection of eDiscovery vendors that may help decision makers by providing an objective framework useful for the competitive comparison and contrasting of subjective evaluation elements. While the components and ratings used in the approach may be adjusted and weighted based on the experiences and preference of evaluators, the framework is beneficial for ensuring a holistic evaluation process for determining vendor viability.
Just under 90% (89.3%) of eDiscovery Business Confidence Survey respondents feel the current business conditions are good or normal. This confidence level represents a significant decrease in these same feelings from the fall of 2018 where 96.5% felt the conditions were good or normal.
96.5% of eDiscovery Business Confidence Survey responders in the fall of 2018 feel that the business conditions are positive (good or normal). This confidence level is the highest reported for current conditions since the inception of the survey in the fall of 2016.
The following list provides a quick, non-all inclusive look at some of the eDiscovery enablers that have been included in the 2018 Inc. 5000 and are also listed as a ComplexDiscovery Top 100+ Provider.
Summer 2018 eDiscovery Confidence: Survey respondents appear to have a slightly less optimistic view of the business climate this quarter than they did last quarter.
A non-comprehensive graphical depiction that may be helpful in considering and connecting the dots during planning, forecasting, and sharing activities regarding the discipline of eDiscovery.
The Spring 2018 eDiscovery Business Confidence Survey is a non-scientific survey designed to provide insight into the business confidence level of individuals working in the eDiscovery ecosystem.
The Winter 2018 eDiscovery Business Confidence Survey is a non-scientific survey designed to provide insight into the business confidence level of individuals working in the eDiscovery ecosystem.
In the Fall of 2017, 31% of respondents viewed budgetary constraints as potentially having the greatest business impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey. Budgetary constraints also appear to have the greatest potential impact now on business than at any time since the initiation of the eDiscovery Business Confidence surveys.