Fri. Mar 29th, 2024

Content Assessment: DISCO Acquires Legal Hold and Workflow Technology Assets

Information - 90%
Insight - 85%
Relevance - 91%
Objectivity - 86%
Authority - 90%

88%

Good

A short percentage-based assessment of the qualitative benefit of the announcement of the acquisition of legal hold and workflow technology assets by Disco.

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Press Announcement

Legal technology leader DISCO (NYSE: LAW) today announced it has acquired legal workflow products Hold360 and Request360, as well as related regulatory and alert solutions, from Congruity 360, LLC. These critical legal workflow capabilities will integrate with DISCO’s market-leading cloud-based ediscovery platform and provide a modern, digital solution for corporate legal hold obligations and legal request compliance.

Hold360 and Request360 are next-generation, streamlined technology solutions that eliminate the challenges from legacy solutions, which relied on human processes, teams of attorneys and legal professionals, and limited technological solutions to ensure compliance with legal preservation obligations.

With Hold360 and Request360, DISCO will expand its solution set to address the legal hold requirements of customers, including the ability to hold data and documents in place electronically rather than recreate, store, and manage copies of duplicative data. Further, silent hold capabilities allow legal teams to easily enact holds, without the need to engage IT departments to ensure retention of sensitive information. The easy-to-deploy solutions and workflow allow corporate legal teams to save time and resources and improve their compliance with state and federal laws.

“The legal hold product team that is joining DISCO has built modern, complete solutions for the legal workflow needs of today, complementing DISCO’s solutions that empower legal departments to focus on delivering better legal outcomes,” said DISCO Chief Product Officer Kevin Smith. “We are excited to further demonstrate how great technology can empower legal teams, save time and money, increase efficiency, and ensure compliance. This also addresses the unmet needs of our legal services partners, many of whom have relied on legacy services to fill this critical gap for their customers.”

“When you look at the legal technology market, there are few companies that have enough disruptive DNA to upset the status quo. DISCO has the product-centricity, go-to-market scale, and velocity to drive real change,” said John Sanchez, founder of Hold360 and Request360. “We are excited to join the DISCO team and accelerate our contribution to transforming how legal work is done in the modern era.”

About DISCO

DISCO (NYSE: LAW) provides a cloud-native, artificial intelligence-powered legal solution that simplifies ediscovery, legal document review and case management for enterprises, law firms, legal services providers and governments. Our scalable, integrated solution enables legal departments to easily collect, process and review enterprise data that is relevant or potentially relevant to legal matters.

Read the original release.

Additional Reading

Source: ComplexDiscovery

 

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