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Thomson Reuters Acquires HighQ

“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.”

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Capital Southwest Leads a Recapitalization of Driven

“We are excited about our new partnership with Driven and its management team,” said Matt Darrah, Principal of Capital Southwest. “We are impressed by Driven’s management team and its ability to drive cost out of litigation and to serve its law firm and corporate clients effectively. Driven has developed the tools and products needed to support the growing volume and complexity associated with the eDiscovery market.”

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All Systems Go? An Early Look at Three eDiscovery Business Metric Trajectories

This in-progress overview of three important business metric trajectories is provided as a precursor to the final results of the fifteenth quarterly eDiscovery Business Confidence Survey currently being conducted by ComplexDiscovery. These preliminary results highlight the responses of legal, business, and technology professionals across the eDiscovery ecosystem to three specific business questions regarding days sales outstanding (DSO), monthly recurring revenue (MRR) and customer revenue distribution metrics.

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XDD Acquires QDiscovery

Bob Polus, XDD President and CEO states, “As we continue to explore, expand and scale business operations within key markets nationwide, merging forces with QDiscovery further strengthens our presence in the Midwest and on the east coast.  Congruent with XDD’s culture, the QDiscovery team thrives on providing exemplary client service, making it a natural fit for our company as we continue to scale our eDiscovery, forensics and managed review services.  We look forward to enhancing our company together.”

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Feeling the Heat? The Summer 2019 eDiscovery Business Confidence Survey

This is the fifteenth quarterly eDiscovery business confidence survey conducted by ComplexDiscovery. Since January 2016, more than 1,448 individual responses to the survey have been received from legal, business, and technology professionals across the eDiscovery ecosystem. As your opinion is important in helping form a complete picture of the business confidence of those operating in the eDiscovery ecosystem, please do take the time to complete this short, anonymized survey as the results help all eDiscovery professionals better understand the industry’s current state of data and legal discovery business confidence.

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Former LinkedIn Exec Mike Gamson Joins Relativity as New CEO

“Since taking Relativity to market, our ambition has been to build an enduring global software company centered around our platform. Mike Gamson is an exceptional leader with a proven track record who has developed a passion for our platform and its ecosystem, and he truly appreciates its potential,” said Andrew Sieja.  “I’m excited to have him take over the reins as CEO.  He knows our company and customers, believes in the strength of our channel, shares our values, and brings a strong background and business acumen to the company that is going to accelerate the growth, impact, and evolution of Relativity’s business even faster.  It’s truly an exciting time for the business.”

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The Face of the Future? Libra and the Libra Blockchain

Libra is a simple global currency that people can use for their everyday needs. Libra will be built on the Libra Blockchain and the evolution of the Libra Blockchain will be overseen by the Libra Association, an independent not-for-profit headquartered in Geneva. The association will be responsible for facilitating the operation of the Libra Blockchain and managing the reserve that backs the currency.

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Elevate Secures $25 Million Investment from Kayne Partners

“Elevate now provides services to over one hundred Global 1000 corporations and over twenty global law firms,” says Brown. “This reflects the accelerating trend for law departments, law firms, and law companies to work together to more efficiently meet the growing legal demands in the business world. Our AI-powered enterprise legal management software platform supports process transformation for some of the most innovative global companies and law firms in the world.”