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Relativity Acquires Contract Review Company Heretik

Author: Relativity

… Heretik's end-to-end contract review solution will be known as Relativity Contracts, enabling users to rapidly transform existing agreements into structured, actionable data. Relativity Contracts will be integrated into RelativityOne, and available as an add-on in mid-2023…
…Relativity plans to build upon and integrate some contract viewer-specific functionality into the RelativityOne viewer so it can be leveraged on other data types…
…Heretik was created for Relativity customers by former Relativians. Half of Heretik's employees, including Heretik's CEO and co-founder and chief product officer, are former Relativity team members…

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Editor Comment:

Relativity is clearly looking upstream to expand their position from the dominant large matter review platform to apply legal technology to broader enterprise information governance usage cases. Waiving user fees and rolling Legal Hold into the RelativityOne data subscription allows litigation adjacent stakeholders to use the platform without monthly overhead. 2018’s Relativity Trace offering marked entry into the risk management and compliance market. I have also been watching the Relativity’s consistent moves aligning with Microsoft for security, machine translation and more. All good news for RelativityOne corporate customers.

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