According to Christopher Weiler, CEO of KLDiscovery Inc., “We are in the process of evolving KLDiscovery into a company that will service industries beyond the confines of traditional eDiscovery and data recovery. In 2021, we are in the process of making significant technology investments that will change the way our customers interact with our products and services.”
According to Commissioner for the Internal Market, Thierry Breton, “As a continent, Europe has to ensure that its citizens and businesses have access to a choice of state-of-the-art technologies that will make their life better, safer, and even greener – provided they also have the skills to use them. In the post-pandemic world, this is how we will shape together a resilient and digitally sovereign Europe. This is Europe’s Digital Decade.”
According to the Global Innovation Index 2020, co-published by Cornell University, INSEAD, and the World Intellectual Property Organization, innovators enjoy an increasingly broad spectrum of funding sources across different stages of their companies’ life cycles. However, while the emergence of new sources has helped alleviate funding gaps, it has not eliminated them. This is particularly true for many developing and emerging economies where financial markets have remained underdeveloped.
According to Troy Gregory, president and CEO of System One, “Compliance is well-positioned to exceed our expectations; the company has an exceptional technology offering and we expect big things from them in the near future. Under Marc’s leadership, Compliance has thrived, and with the additional investments, we expect to see the company scale and advance at an accelerated rate through organic growth and an aggressive acquisition strategy.”
Increased interest in levels of M&A activity has warranted that the Bureau of Competition’s Premerger Notification Office (PNO) share the monthly figures for Hart-Scott-Rodino (HSR) Act transactions. This increased activity can be seen in the running update of HSR transaction numbers between October 2019 and today. The latest monthly update from the PNO is for February 2021 and noted 304 reported transactions. This is the highest number of monthly reported transactions in any February between FY 2010 and FY 2021. The 304 reported transactions number is also the second-highest reported monthly transactions number for any month between October 2010 and today, only trailing the 424 reported transactions in November 2020.
Consisting of analysis from 524 organizations that experienced data breaches between August 2019 and April of 2020, the Cost of Data Breach Report 2020 from the Ponemon Institute shares key information, findings, and data points harvested from more than 3,200 interviews on areas ranging from global data breach costs to data breach lifecycles in influential countries and industry sectors.
According to HaystackID CEO Hal Brooks, “We are proud to once again be recognized as a worldwide Leader in eDiscovery services. As a pioneer of remote review, HaystackID has been operating remotely even long before the pandemic. We’re honored that our innovation in and vision for remote review has been recognized by the IDC MarketScape.”
According to Alex Martinez, CEO of First Legal, “Both First Legal and Redpoint are entrepreneurially minded, seeking to promote transparency, teamwork, integrity, and trust with the community we consider extended family. This is a union of people passionate to help others, and who won’t sit back and wait, but will charge forward into the future of technology with extreme commitment, candor, and the willingness to do whatever it takes to help our clients win.”
Launched in early 2020 and currently with six million registered users and a valuation of one billion dollars, Clubhouse is a social media app that allows users to have “casual, drop-in audio conversations” with others. Currently accessible via invitation, Clubhouse provides unique communications opportunities and discovery challenges for data and legal discovery professionals in the eDiscovery ecosystem.
Released in February of 2021, Norton Rose Fulbright’s 16th Annual Litigation Trends Survey highlights up-to-date insight on key US dispute trends including the changes and challenges presented by the COVID-19 pandemic. Additionally, in the areas of cybersecurity and data protection, the survey report notes that disputes have increased over the last several years, with 2020 being no exception. According to the survey report, 44 percent of respondents feel more exposed than they did 12 months prior and respondents report that past attacks have disrupted operations, with others sensing that their company size or industry makes them targets.