.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 [...]

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|Platform, Provider, 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|Platform, Provider, 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 [...]

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|Provider, Platform, Analytics, News, Analysis, Review, Purchase|0 Comments

eDJ Brief: ZyLab ONE

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 [...]

eDiscovery Tech Bugs: The Emperor’s Clothes?

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 [...]

By |2021-02-04T12:56:53-06:00February 4th, 2021|Provider, Essay, Tech, Search|0 Comments

Relativity Acquires Partner Innovations, Again

Relativity has long had a strategy of partner driven innovation wherein they acquire successful integrated products that are converted to module or features. Just look at Relativity Legal Hold, Collect, etc. for prior examples. I call your attention to how their announcement broadens Relativity’s corporate value proposition from simple eDiscovery to include compliance, data requests, investigations and other information governance usage scenarios. This signals [...]

By |2021-02-02T15:09:59-06:00February 2nd, 2021|Platform, Provider, News, Review, Purchase|0 Comments

Reveal: Building AI Driven eDiscovery

If you missed the news, Reveal took a $200M round of funding from K1 Capital and promptly acquired Brainspace. I was lucky enough to get an early briefing on this while brainstorming with the Reveal team on using their platform to analyze the Parler data to support the FBI investigations. In the last year Reveal acquired Mindseye (triage/ECA), LexLP (AI/ML) and even picked up [...]

By |2021-01-27T17:21:27-06:00January 27th, 2021|Platform, Provider, Analytics, Essay, Analysis, Review, Market, Purchase|0 Comments
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