Migrated from eDJGroupInc.com. Author: Barry Murphy. Published: 2011-02-02 17:49:02Format, images and links may no longer function correctly. LegalTech Day 1 was a bit disappointing, LegalTech Day 2 was an improvement, and LegalTech Day 3 left me with a much better taste in my mouth. Reflecting back on the show, there were some very positive signs for the market. Vendors reported great booth traffic and, more importantly, talk of real purchasing budgets. As the show went on, there was more real talk about managing eDiscovery as a business process and the business intelligence necessary to make process management smooth and efficient. And thankfully, there was less hype about ECA and the could this time around (though I did sense some cynicism about the fact that everyone was talking about predictive coding).
As usual, the show was draining, so I’ll keep it short and sweet. I did get to have another set of nice meetings with providers:
- StoredIQ – the company talks about shapes of data and the challenges of getting at new types of data. For example, how does one handle incremental collections of wikis, which are dynamic documents unlike the Word documents we’re all used to. StoredIQ has a solution for that. The company also helps clients with approaching the tough job of collecting in different manners – like being proactive about custodian-ambiguous data sources and then using social network analysis for custodian expansion.
- kCura – the company had great progress with its Relativity platform and is focused on building its channel for the product. It also introduced legal hold with the Method release and will heavily promote Relativity Analytics. kCura also wants to disrupt the market with pricing for unlimited concept search. This should keep things interesting.
- Clearwell – the company is very much behind the notion of managing eDiscovery as a business process. Clearwell focuses on providing visibility into the process and the big announcement this week was transparent concept search, which can help with keyword strategies for meet & confer, faster, ECA, and review efficiencies in general.
- Recommind – the company was really the first to come to market with predictive coding and they saw many folks follow their lead at this show. Recommind is now moving on to predictive sampling, which adds a level of quality assurance and workflow to sampling – that gives users flexibility to set confidence intervals they are comfortable with and can give them more assurance of being able to defend the coding.
- X1 – the desktop search company just announced the formation of an eDiscovery business. The goal is to give companies more efficient end-point governance and allow distributed collection and preservation.
eDiscoveryJournal turned 1 year old at LegalTech this year. We’re looking forward to the year ahead!