In the winter of 2020, 124 eDiscovery Business Confidence Survey participants chose to answer at least one of the optional business operational metric survey questions in the quarterly survey. Almost 35% (34.7%) of survey respondents reported Monthly Recurring Revenue (MRR) as increasing in the winter of 2020. This is a solid increase from approximately 25% (24.8.%) reporting MRR as increasing in the fall of 2019.
“This acquisition will allow Cellebrite to accelerate the delivery of new Digital Intelligence solutions and services that will empower our customers and allow them to maximize the efficiency and accuracy of their digital investigations. The acquisition is a major milestone in our journey to help our customers build safer communities and we welcome the BlackBag team to Cellebrite.”
This is the seventeenth quarterly eDiscovery Business Confidence Survey conducted by ComplexDiscovery. More than 1,900 individual responses have been received from legal, business, and technology professionals across the eDiscovery ecosystem since the inception of the survey and 146 respondents shared their opinions as part of the winter 2020 survey.
The deal strengthens Kroll’s cyber risk capabilities across the APAC region, aligning with and further reinforcing the company’s commitment to providing clients with end-to-end cyber resiliency solutions, from detection and response to remediation, restoration and hardening as Singapore-based RP Digital Security is a leader in computer forensic investigations, digital security, and eDiscovery services.
“We are delighted to welcome the Superior team into the KLDiscovery family,” said Christopher Weiler, CEO of KLDiscovery. “Superior is a well-respected, full-service eDiscovery and litigation support provider in Virginia and has built its business by delivering high-touch, personalized document and eDiscovery services while ensuring the highest quality control and security standards, making them a natural fit with KLD.”
The combined company will deliver a broader range of technology-enabled legal services for the growing global legal operations market and will go forward under the Legility brand. Barry Dark will serve as the combined company’s CEO and Paul Mankoo will continue to be a key member of the executive team with responsibilities across the business.
While leveraging many of the technologies, techniques, and tactics used in traditional eDiscovery activities supporting audits, investigations, and litigation, Second Request discovery is different in the fact that it typically has unique characteristics that need to be considered in each case.
Since beginning to track the number of publicly highlighted merger, acquisition, and investment (M&A+I) events in the eDiscovery ecosystem, ComplexDiscovery has noted at least 410 M&A+I events between November 2001 and December 2019. In considering M&A+I events in 2019, the following findings, drivers, data points, and tracking charts may be useful for understanding the activity patterns of these business events between January 1, 2019, and December 31, 2019.
The “Best Of” reader ranking surveys were developed by ALM, an information and intelligence company, to help lawyers identify the finest legal products and service providers and to showcase the top selections in an annual edition of one of fourteen surveys. Each survey has multiple categories of products and services presented for consideration, with a subset of categories (survey questions) from each survey that directly or indirectly pertain to the eDiscovery ecosystem. The purpose of this aggregate listing is to highlight leading eDiscovery providers as determined by online voting in ALM “Best Of” surveys between September 2017 and today.
This is the seventeenth quarterly eDiscovery business confidence survey conducted by ComplexDiscovery. Since January 2016, more than 1,771 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.