ComplexDiscovery findings, data points, and tracking information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from January 1, 2019, through March 22, 2019.
“While this was a solid business for Epiq, it was clear to us that it would be best served if aligned with an organization focused on investing in and growing court reporting and related services in the U.S.,” said David Dobson, chief executive officer of Epiq. “Veritext is growing and committed to the court reporting industry on all levels and a perfect fit to service the needs of our court reporting clients.”
A selection of five articles shared regularly to inform and update legal and information technology professionals on the art and science of data discovery and legal discovery.
“With the acquisition of Hotify, Sonasoft is poised to be a disruptive competitor in the industry,” said Andy Khanna, Vice Chairman of Sonasoft, who is in charge of mergers, acquisitions, and compliance matters. “Hotify has proven AI technology, and that is why we pursued this acquisition. When combined with Sonasoft’s client and partner portfolio along with our strong sales and marketing engine, we have an incredible opportunity for success. Our existing IP in data archiving and eDiscovery is an initial launching point to fully integrate Hotify’s AI.”
Law firms increasingly are turning toward high-risk, high-reward venture capital investing as a way to spur technology innovations to streamline functions like contract review and legal research. Yet the investments are raising conflicts-related concerns among legal ethics experts and competing firms that have rejected the approach.
Knox Capital Operating Partner Mike Bryant presents a short, eight-minute TED-style talk on investments and investing in the legal tech market during SOLID West on February 28, 2019, in San Francisco. SOLID, also known as the Summit on Legal Innovation and Disruption, is a TED talk-style summit focused on innovation and the business of law.
While the percentage of transactions in which a Second Request was issued by either the FTC or DOJ was only 2.7% in 2015, 3.0% in 2016, and 2.6% in 2017, organizations engaged in merger and acquisition activities, either directly from a participatory position or indirectly from a supporting position, should proactively prepare to support the potential for a Second Request given the short deadlines and potential voluminous information requests that may require extensive use of data discovery and electronic discovery technologies and experts to ensure compliance with requests.
Contextual analysis technology is still in early adoption stages among many Fortune 500 companies. With this advanced technology, companies have the ability to pinpoint behavioral red flags and be empowered to more effectively identify, manage, and mitigate “bad behavior” before it escalates.
A Nearest Neighbor Search is perhaps the simplest procedure you might conceive of if presented with a machine-learning-type problem while under the influence of some sort of generalized “veil of ignorance”. Though there exist slightly more complicated variations in the algorithm, the basic principle of all of them is effectively the same.
It is important that all covered entities, business associates, and subcontractors dealing with PHI ensure that eDiscovery providers supporting them adhere to HIPAA and HITECH Act compliance requirements.