Charles Chaffin’s Numb: How the Information Age Dulls Our Senses and How We Can Get them Back on confirmation bias got me thinking about our new generation A.I. review systems. Legal practitioners have long known about the dangers of confirmation bias blinding them to key facts adverse to their client’s positions. I am not an attorney and will not opine on counsel’s duties or [...]
eDJ-Quick non-eDiscovery look at link placement. I have had marketing execs supply me with relevant link lists for contract white paper engagements (where do you think some of those provider best practice papers came from?). The email below snuck through my filters and got me curious about the rates and services offered. According to Neil Patel, a blogger can make $45-550 for every link [...]
The recent raft of spoliation sanctions like Iacovacci v. Brevet Holdings, LLC seem to share fundamental misunderstandings around where key decision communications resided and how to preserve them. Broadly worded legal hold notices do indeed usually cover text and chat messages. Rarely do they convey practical instructions on preservation. In my opinion, these informal communication channels were once viewed as ‘non-records’ and avoided by [...]
Lost in all the hype around market consolidation and IPOs is the sad truth that the vast majority of legal technology is destined to end up in the digital dust bin. Thompson Reuters announced the retirement of eDiscovery Point by June 2022. Launched in 2016 and fueled by the CaseLogistix IP/talent TR acquired in 2010, eDiscovery Point never seemed to gain market traction against [...]
I am generally bullish on what I consider to be the undersized eDiscovery market. The $44 stock price spike after the CS Disco’s IPO equates to a $2.5B market capitalization. That is a 36X MULTIPLE of CS Disco’ s reported $68.4M 2020 revenue. Red flags pop up for me considering that CS Disco lost $29.8M in 2020 and $22.8M in 2019. According to the [...]
Yet another acquisition in the accelerating consolidation of the eDiscovery market space. In this case there is some functional overlap offset by clear differentiation in solution strengths. In my opinion, both players peaked early in the eDiscovery market and were being left behind until recently. Maybe the ParkerGale Capital money and guidance will forge a real competitor to the evolving Relativity-Reveal-Exterro battle royal. For [...]
Note: This is just a quick follow up with the data aggregator's explanation of their opt-in sourcing and GDPR compliance. If you missed yesterday's installment in my ongoing curiosity research on how our personal contact information gets aggregated and sold, read it here to make sense of the reply below. My take is that once you 'opt-in' to any website with a thousand word [...]
NOTE: This piece is a continuation of my adventures baiting those pesky data merchants hawking our PII to marketers with the audacity to send blasts of unsolicited emails packing our Inboxes. Last December I documented my attempts to understand who exactly was offering me your personal contact information. This latest solicitation (below) offered up qualified users of Relativity, Nuix and other well known eDiscovery [...]
A.I. driven review platforms seem to be a hot trend. First Reveal Data, followed by Relativity’s acquisition of Text IQ and now Exterro releasing a new review offering based on ‘deep learning’. I always want to understand the tech and mythologies underlying solutions. Ajith Samuel and Bill Piwonka at Exterro were kind enough to walk me through Exterro’s investments in A.I. going back to [...]
Despite the recent drop in share prices ($11.86 down to $2.47), public ASIC investigations, executive departures and now AFP raids, I still believe that last November’s bully Nuix IPO was a signal of the world market’s appetite in legal technology. It would be a shame if the two largest eDiscovery transactions to date both proved to have cooked their books. For those of you [...]