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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
Slowly but surely I am resuming regular briefings with providers. I remember when ZyLab first jumped into the US eDiscovery market with their hybrid archive/investigation tool. Thanks to Scott Hunter for walking me through their most recent release. In my not-always humble opinion, ZyLab always reminded me of Nuix. An innovative, independent architecture paired with a techie GUI that lagged the US market leader’s [...]
In the prior administration, I highlighted the challenge of constantly changing OSHA/state/CDC website guidelines. We now have the advantage of hindsight, extended scientific research and hopefully guidance based on science rather than politics. The Gibbons alert includes a good summary checklist of prevention program elements. My recommendation is to review your existing prevention program against the minor changes and verify that you did indeed [...]
I miss conducting interviews and building statistics to quantify aspects of the eDiscovery Market. At least Ari Kaplan has done a good job conducting 31 interviews with Fortune 1000 GC’s for us. Most of his results and good quotes resonate with what I have heard from clients/peers over the last year. Corporate legal taking more in house with less resources. Investing in technology, but [...]
I want to thank you all for the flood of responses to my tech alert. Our peers stepped up to confirm this and other potential issues experienced in Microsoft 365 (M365) and other market leading eDiscovery tech. Most have been aware of various issues going back years. Your feedback confirms my assertion that technical bugs, system limits and undocumented exceptions are common and always [...]