From data breach economics and vulnerabilities to private-equity investments and vendor announcements, the March 2021 edition of the Five Great Reads on eDiscovery newsletter provides a selection of recent research, reports, and articles to update and inform legal, business, and information technology professionals in the eDiscovery ecosystem.
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 Ankur Agarwal, Venio’s VP of Products, “In developing Venio Review, we targeted four areas that need improvement based on discussions with users unsatisfied with current review platforms. Those areas were time wasted, high costs, increased litigation risks, and quality issues. By creating a platform that streamlines the review process, offers an easy-to-use, customizable interface, and includes features that make the review process more comprehensive and accurate, Venio has addressed these issues.”
Managing public comment responses for environmental impact projects, rule changes, and permit applications requires the latest technology with comprehensive workflows to meet strict deadlines and detailed reporting requirements. In this presentation, industry eDiscovery experts will share how to streamline and optimize the labor-intensive process of accepting and resolving public feedback using Relativity coupled with innovative workflows.
According to Wendell Jisa, founder and CEO of Reveal, “This solution confirms that a combination of AI technology and human legal expertise can solve complex issues such as cartel activity detection. Our platform allows DLA Piper’s Aiscension to build powerful AI models to meet their client’s needs. Aiscension will apply these AI models to future cases. Our partnership with DLA Piper allows lawyers to work hand-in-hand with data scientists – continuing Reveal’s mission to further the impact of automation in the practice of law.”
According to the media release as shared by Eric De Grasse, CEO of Project Counsel Media, “With more than two decades coverage and service to practitioners in the cybersecurity, digital media, and legal technology domains, we are now seeing more than ever the accelerated convergence of these discrete, yet mutually inclusive areas in the lives of our worldwide audiences. With a commitment to increasing the understanding and implications of this convergence, we are excited to partner with The Maas Consulting Group and ComplexDiscovery Solutions as they have unique expertise in identifying and sharing insight that helps industry practitioners venture out of the comfort zone of traditional information silos.”
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.
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.”
From litigation trends and legal tech investing to facial recognition and cybersecurity threats, the February 2021 edition of the Five Great Reads on eDiscovery newsletter provides a selection of recent research, reports, and articles to update and inform legal, business, and information technology professionals in the eDiscovery ecosystem.