.Fluid Office Files – Are You Ready for Them?

Fluid Office files are Microsoft’s next generation of dynamic collaboration documents for Teams Chat and other communication channels. Multiple users will be able to simultaneously edit tables, agendas and task lists within M365 online mailbox, SharePoint sites and Teams chats. “Google Docs on steroids” indeed. Thankfully, the default OneDrive and SharePoint storage locations mean that existing preservation functionality covers new .Fluid files created by [...]

eDJ Brief: Ligl

When my old friend Michael Lappin took a role at Ligl (formerly Vertical Discovery) I knew that I needed to see what had lured him there. Ligl is providing what they call an ‘orchestration hub’ for corporate and firm eDiscovery teams. Despite MSFT’s efforts and the ongoing eDiscovery market consolidation, most of these teams are still cobbling together ‘Frankentech’ to track and manage their [...]

By |2021-09-20T13:43:13-05:00September 20th, 2021|Platform, Corporate, Essay, Collectors, Legal Holds, ESI Sources, Purchase|0 Comments

How Legal Tech Dies: eDiscovery Point

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 [...]

By |2021-07-28T12:33:03-05:00July 28th, 2021|Platform, Essay, Firm, Global, Purchase|2 Comments

CS Disco IPO – $2.5B Market Cap from $30M 2020 Loss?

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 [...]

By |2021-08-05T15:02:00-05:00July 23rd, 2021|Provider, Platform, Essay|1 Comment

eDJ Brief: Exterro’s New Review Platform

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 [...]

By |2021-07-06T11:52:06-05:00July 6th, 2021|Provider, Platform, Analytics, Corporate, Essay, Firm, Analysis, Review|0 Comments

Nuix IPO – Autonomy Take Two?

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 [...]

A Different Perspective on eDiscovery Market Size

eDiscovery Related Markets My thanks to the peers who took the time to question my belief that the eDiscovery market has always been undervalued or mis-defined in annual market sizing reports. I do not doubt the effort and diligence of analysts, marketing teams and consultants who have aggregated public and best available private revenue numbers from eDiscovery tech and service companies. Instead, [...]

By |2021-04-06T11:13:15-05:00April 6th, 2021|Essay, Services, Global, SMB, Market, Purchase|0 Comments

What Silver Lake’s Rumored $3.6B Relativity Investment Means to eDiscovery

I believe that Silver Lake’s reported $3.6B pre-IPO minority investment in Relativity means that every analyst firm sizing of the core eDiscovery market is and always has been dead wrong. My friend Rob Robinson conveniently publishes an annual eDiscovery Market Size Mashup averaging all the published analyst numbers together. These wise and trained market analyst projections average just $3.76B for 2021 eDiscovery software and $7.63B in services. Really? Maybe [...]

By |2021-04-02T11:07:24-05:00April 2nd, 2021|Provider, Corporate, Essay, Global, Market, Purchase|0 Comments

Cracks in Relativity’s Market Dominance?

Reveal-Brainspace continues to make traction with eDiscovery service providers. Onboarding 25 new partners in a single quarter speaks volumes and requires a mature partnership engine. UnitedLex was a Relativity Best in Service partner as recently as 2016. In fact, they are still a Relativity Certified Partner. With large discovery matters lasting 2-4 years, most clients prefer to let them age off a platform rather [...]

By |2021-03-25T11:04:59-05:00March 25th, 2021|Platform, Provider, Analytics, News, Analysis, Review, Purchase|0 Comments

Aryaka Global WAN Report Take-Aways

What can a 1,350 global enterprise survey tell us about the evolving composition and location of ESI? Although Araka’s fifth annual survey is focused on WAN and security infrastructure, it contains nuggets with eDiscovery impact. Over 80% of respondents expect more than 25% of workers to remain remote, confirming that the hybrid work environment is here to stay. 46% of respondents have deployed over [...]

By |2021-03-23T15:30:21-05:00March 23rd, 2021|Essay, Global, ESI Sources, Architecture|0 Comments
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