In the summer of 2019, 27.2% of respondents viewed increasing 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 and also is the eighth time in fifteen surveys that this issue has been rated as the top concern.
“Companies that profit from personal information have an extra responsibility to protect and secure that data,” said FTC Chairman Joe Simons. “Equifax failed to take basic steps that may have prevented the breach that affected approximately 147 million consumers. This settlement requires that the company take steps to improve its data security going forward, and will ensure that consumers harmed by this breach can receive help protecting themselves from identity theft and fraud.”
Discerning corporate legal buyers are less concerned with traditional legal distinctions like in-house versus firm or firm versus legal service provider. In the new legal marketplace, right-sourcing demands more collaboration and more fluidity between and among provider sources.
A selection of five articles shared regularly to inform and update legal and information technology professionals on the art and science of data discovery and legal discovery.
This is the fifteenth quarterly eDiscovery Business Confidence Survey conducted by ComplexDiscovery. More than 1,621 individual responses have been received from legal, business, and technology professionals across the eDiscovery ecosystem since the inception of the survey and 173 respondents shared their opinions as part of the summer 2019 survey.
The 2019 CLOC State of the Industry survey includes respondents from more than 200 companies of different sizes representing over 30 industries and 18 countries. The second annual survey was developed by polling CLOC members during the first four months of 2019 about their 2018 results. The survey consisted of questions that were designed to provide a deeper understanding of legal operations expenditure, headcount, technology & innovation, and relationships with various legal services providers and law firms.
“Legal professionals are being disrupted by technology change and are seeking software solutions to help them improve costs and increase productivity,” said Brian Peccarelli, COO, Customer Markets at Thomson Reuters and head of its Legal Professionals segment. “The acquisition of HighQ will help us meet customer needs for efficient, compliant workflow collaboration solutions, and supports our ongoing approach to providing open technologies and driving customer innovation.”
“The Antitrust Division is committed to rewarding corporate efforts to invest in and instill a culture of compliance,” said Assistant Attorney General Delrahim. “The Division’s Leniency Policy has long provided the ultimate credit for effective antitrust compliance programs. Beyond leniency, recently we have credited prospective compliance efforts at sentencing. Crediting compliance at charging is the next step in our continued efforts to deter antitrust violations and reward good corporate citizenship.”
Published on June 27, 2019, by the research and analyst firm Gartner, the new Market Guide for E-Discovery Solutions report (G00388272) shares information and insight on the eDiscovery market and a limited number of representative software and service providers. This information and insight may be useful for infrastructure and operations professionals as they consider eDiscovery solutions for their specific data discovery and legal discovery needs.
OpenText’s eDiscovery focus is highlighted in the recent establishment of a dedicated legal technology division and the announcement of technology updates that include the embedding of AI into OpenText eDiscovery solutions with predictive filtering capabilities that learn from human feedback.