K1 Investment Management has funded Reveal’s latest acquisitions of Logikcull and IPRO in what seems like a direct challenge to Relativity’s long term dominance of the eDiscovery tech market. This makes 7 acquisitions since 2019 if you count the original Reveal-NexLP deal. The release says that Logikcull and IPRO products will keep their names, which rarely works for long. While I can see [...]
I barely skim the daily flood of generative AI marketing announcements filing my feeds. Luckily, my peer and friend Chuck Kellner challenged me and the usual suspects to comment on the EverlawAI Portfolio beta program announcement. The “See EverlawAI in Action” video probably gives the best overview of the document to draft workflow that Everlaw has woven summarization, entity extraction, sentiment analysis and [...]
I want to expand on Bob’s excellent commentary with a bit of market history context. Many innovative eDiscovery private companies have died on the vine after being acquired by public corporations. Even if their IP survives, they usually lose their brand and tight customer community. Remember Summation, LAW PreDiscovery, CaseLogistix, Concordance, Autonomy (not HP’s fault) and more? What really struck me was the [...]
Ever spend hours OCRing and extracting data from years of invoices? Microsoft’s Azure Form Recognizer can be a game changer for peers tasked to reconstruct charges, convert bills to Ledes CSV or support cost overrun scenarios. The traditional Adobe OCR approach usually requires extensive transformations and clean up to get into Excel, Access or an enterprise DB. Microsoft Azure Form Recognizer applies advanced machine [...]
“Write a paper on analytic data visualization in the voice of Skip Walter.” That was the rough GPT3 prompt my mentor Skip submitted in our early testing of OpenAI GPT-3 playground. A lifetime rich in academic, professional and patent publications gave GPT-3 more than enough source content to create a convincing literary product. Convincing until Skip started finding familiar sentences and chunks of verbiage [...]
Microsoft Purview It was a rare privilege to sit down with the nine Microsoft Purview eDiscovery product management and legal team experts to talk about their vision and roadmap. Five years ago, I made the decision to ‘bet on Microsoft 365’ when I realized that every one of my global corporate clients either had or would be migrating the entirety of their [...]
Redgrave Data has continued their explosive growth since I met with the team last October. They just lured Jeremy Pickens back to eDiscovery and are actively recruiting talent amidst eDiscovery market layoffs. CEO Mollie Nichols and CTO Mark Noel helped me understand how Redgrave Data’s unique blend of expertise and custom development is driving their growth. Redgrave Data was kick started by a massive [...]
The tight time limits of FOIA(20 days) and Subject Access Requests(31 days) are forcing government agencies and global corporations to adopt cutting edge eDiscovery technologies and AI driven workflows. The EPA expanded RelativityOne Government usage to include FOIA requests, and—although this expanded RelativityOne use is by EPA’s eDiscovery Division and not EPA’s National FOIA Office. Deloitte seems to have played a role in the [...]
Teams Premium ($120/year) adds A.I. notes, suggested tasks and personalized highlights powered by GPT-3.5 to address meeting fatigue. The Pandemic drove a 252% increase in weekly meeting time along with WFH professionals. All these new meetings contributed to the 77% of full-time workers who reported experiencing burnout in a Deloitte survey. Yet meetings are where decisions and consensus happen, the heart of corporate strategy [...]
Casepoint entered the cloud eDiscovery platform market in 2008. I had always classified it as a firm focused large matter boutique hosting platform based on their good reputation and minimal marketing presence. David Carns and Athena Strasel updated me on Casepoint’s changing role and architecture in before and after the Pandemic pause. Casepoint’s successful bid to replace Recommind as the SEC’s primary eDiscovery platform [...]