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Extract from an article by Ralph Losey

Many of the software companies that made the multi-million dollar investments necessary to go to the next step and build document review platforms with active machine learning algorithms have since been bought out by big-tech and repurposed out of the e-discovery market. They are the ghosts of legal search past. Clearwell was purchased by Symantec and has since disappeared. Autonomy was purchased by Hewlett Packard and has since disappeared. Equivio was purchased by Microsoft and has since disappeared. See e-Discovery Industry Reaction to Microsoft’s Offer to Purchase Equivio for $200 Million – Part One and Part Two. Recommind was recently purchased by OpenText and, although it is too early to tell for sure, may also soon disappear from e-Discovery.

Slightly outside of this pattern, but with the same ghosting result, e-discovery search company, Cataphora, was bought by Ernst & Young, and has since disappeared. The year after the acquisition, Ernst & Young added predictive coding features from Cataphora to its internal discovery services. At this point, all of the Big Four Accounting Firms, claim to have their own proprietary software with predictive coding. Along the same lines, at about the time of the Cataphora buy-out, consulting giant FTIpurchased another e-discovery document review company, Ringtail Solutions (known for its petri dish like visualizations). Although not exactly ghosted by FTI from the e-discovery world after the purchase, they have been absorbed by the giant FTI.

 

Generative Artificial Intelligence and Large Language Model Use

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