Alternative Legal Service Providers (ALSPs) make up a $10.7 billion market for legal services, with nearly nine in ten large law firms using ALSPs, according to a recent comprehensive study by Thomson Reuters, Georgetown Law, Oxford Saïd Business School, and Acritas.
Desktop as a Service (DaaS) providers are becoming important contributors to eDiscovery technology solutions as they allow for the deployment of virtualized desktop experiences delivered to end users on demand from remotely hosted locations. While the providers enabling the delivery of these virtualized environments to those in the eDiscovery ecosystem are typically not called out in the descriptions of the solutions they enable, understanding who those providers are is becoming increasingly important for those sourcing eDiscovery solutions for remote users as the underlying attributes and enhancements the providers deliver form the basis for comparing and contrasting the differences in DaaS-delivered capabilities from eDiscovery providers.
Artificial intelligence (AI) tools can be used in reviews of a substantial or overwhelming number of files to decrease the number of reviewers needed and spot errors or omissions.
OpenText today announced it has acquired Catalyst Repository Systems, Inc. (Catalyst), a leading provider of eDiscovery solutions for corporate legal departments and top law firms. The purchase price of the acquisition is approximately $75 million in an all-cash transaction.
Sonasoft Corp., a leader in innovative eDiscovery and artificial intelligence (AI) solutions, announces that it has jointly signed a non-binding letter of intent (LOI) with Hotify Inc. to acquire Hotify along with all its related interests and assets. Hotify Inc. is an artificial intelligence (AI) software company and is the developer of NuGene, an AI cloud-based platform that adds intelligence to solve many industry-specific challenges.
Epiq announces the release of its new cloud-based eDiscovery platform, Epiq Discovery. Epiq Discovery is a collection, processing, review, and production platform that delivers early case assessment, highly scalable processing, and the most efficient review and production of eDiscovery data.
Today at Legaltech New York, CloudNine™ announced substantial technology enhancements and updated product names on four of its discovery software products. The CloudNine product suite now includes CloudNine LAW™, CloudNine Concordance®, CloudNine Explore™ (renaming of Early Data Analyzer™ or “EDA”), and CloudNine Review™.
Ipro, a leader in the delivery of legal technology designed to streamline the discovery of electronic data, today announced that it has changed the name of its flagship eDiscovery product offerings. The renaming of Automated Digital Discovery to Ipro eDiscovery Cloud and CaseDirector 360 to Ipro eDiscovery Desktop is the latest offering update from the Tempe-based eDiscovery provider.
File storage companies have an obligation to their customers to navigate hybrid complexity. Too many vendors don’t have the business models or products to help reduce complexity for the overwhelmed storage buyer. It’s time for the industry to embrace this once-in-a-generation change, to stop holding customers and shift to cheering them on in their journey to the cloud.
Can a firm ethically recover its costs in a managed services partnership? Do the ABA Model Rules allow a firm to bill its clients for more than what the firm is paying per gigabyte, but still pass on substantial savings by having the client pay less than the market average? The short answer is yes.