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Investing in ALSPs? Axiom Announces Strategic Investment from the Permira Funds

The Permira funds’ investment will support Axiom as it pursues growth opportunities arising from clients’ increasing need for legal talent that is flexible yet integrated with the enterprise. Areas of likely support include further investment in Axiom’s technology platform, which helps to identify, match and engage companies with talent, and continued expansion of Axiom’s sales force to better meet the needs of current and potential clients, particularly within the Fortune 500. Permira will also leverage its international footprint to support Axiom’s continued expansion, through investment and business development, in the U.S. and globally.

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Not Discovery? Cloud Technology Leader Clio Receives $250 Million Investment from TCV and JMI

“Clio is committed to building the essential operating system for lawyers, one that focuses relentlessly on unlocking new efficiencies and entry points to legal services. This will allow legal professionals to easily deliver exceptional client experiences, increase their productivity, grow their firms, and make legal services more accessible. This investment from experienced growth software investors will accelerate our ability to realize this vision.”

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Balancing the Science and Art of Marketing?

For companies that don’t sell everyday items, for example, it’s not as important for their brand to be top of mind for consumers. “Instead, I want to know that when our customer needs us, they recognize the brand and understand the services we provide,” said Jake Taylor, a marketing analyst at CORT. That’s why brand awareness can mean something different for every organization.

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The Simplest Way to Talk About Location? An Answer in Three Words

what3words is a location technology company that is positioning itself as the simplest way to talk about location. The company is enabling people around the world to identify and share any precise location information using just three words. To do this, the company has taken the globe, divided it into a grid of 3m x 3m squares, and given each one of the 57 trillion squares a unique 3-word address. With a combination of its mapping app and traditional mapping providers, users can quickly identify current locations and their three-word address or find locations with just three words.

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KLDiscovery By The Numbers: Second Quarter 2019 Results

“We are pleased with our record second quarter of strong growth and the continued momentum our business is enjoying in the third quarter,” said Chris Weiler, Chief Executive Officer of KLDiscovery. “We are expanding our relationships with existing clients, targeting new clients and expanding into new verticals both organically and through strategic acquisitions,” said Mr. Weiler.

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Four Eras of eDiscovery? One Approach to Framing Market Growth

With the understanding that there are many ways to construct a framework for considering and conversing about market growth over time, provided in a talking point format is one era-based approach that may be helpful for deconstructing time frames, market size, growth rates, and investment pulse rates for the eDiscovery market from 2002 through 2023. This era-based approach also attempts to put a memorable “face” on each defined growth period by associating each era with one prominent eDiscovery platform from that era.

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eDiscovery Business Kinetics: DSO, MRR, and Customer Revenue Distribution (Summer 2019)

In the summer of 2019, 156 eDiscovery Business Confidence Survey participants chose to answer at least one of the optional business operational metric survey questions in the quarterly survey. Almost 33% (32.7%) of survey respondents reported Monthly Recurring Revenue (MRR) as increasing in the summer of 2019. This is a solid increase from approximately 29% (28.5%) reporting MRR as increasing in the spring of 2019.

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Chambers Litigation Support 2019: An Independent Assessment of Litigation Support Services Providers

Compiled by researchers and supported by more than 500 in-depth interviews with senior market leaders around the world, “Chambers Litigation Support” is an objective guide that presents an independent assessment of leading litigation support services providers in areas ranging from litigation funding and eDiscovery to public relations and business intelligence investigations.

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Struggling to Recover Costs? The 2019 eDiscovery Billing and Cost Recovery Survey (Logikcull)

With information harvested from more than 100 law firms through the lens of questions on topics ranging from cost recovery models to how much information on eDiscovery costs are provided to clients, the 2019 eDiscovery Billing and Cost Recovery Survey from Logikcull may be beneficial for legal, business, and IT professionals seeking to better understand the business of eDiscovery.

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Guidehouse to Acquire Navigant Consulting, Inc. for $1.1 Billion

“The combination of Navigant and Guidehouse will create a powerful, global consulting organization characterized by deep industry expertise and leading technical know-how. Our companies are aligned with similar cultures and strong core values. Through the integration of our two firms, our employees will enjoy expanded growth opportunities, and our combined clients will access a wider array of expertise, tools, and technologies to help them achieve their goals.”