Posts Tagged ‘business’

CertaTech Solutions Acquires Clearwater Legal

CertaTech Solutions Acquires Clearwater Legal

Voiced by Amazon Polly Twitter LinkedIn Facebook Google+ Email A post shared by Rob Robinson (@complexdiscovery) on Feb 21, 2018 at 9:29am PST Press Announcement for CertaTech Solutions Acquisition of Clearwater Legal Integrated services expand eDiscovery and document review offerings for law firm and corporate legal clients of both companies. CertaTech Solutions, a leading provider of […]


Jared Coseglia on ESI Elephant Hunting

Jared Coseglia on ESI Elephant Hunting

Jared Coseglia is one of the most talented business leaders and communicators in the eDiscovery ecosystem. In the following extract from a recent article of his (Top 10 Predictions for the E-Discovery and Cybersecurity Job Market in 2018) he concisely articulates an example of the growing gulf between the haves and have-nots in the eDiscovery provider world.


eDiscovery and the GDPR: Ready or Not, Here it Comes

eDiscovery and the GDPR: Ready or Not, Here it Comes

Even if you don’t have a physical business presence in Europe, the GDPR may apply to you. Any organization that retains personal information of any EU individuals must act to comply with the GDPR.


Increasing Volumes of Data Impacting eDiscovery Business Confidence (Winter 2018)

Increasing Volumes of Data Impacting eDiscovery Business Confidence (Winter 2018)

In the Winter of 2018, 30% of respondents viewed increasing volumes of data as potentially having the greatest business impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey. Increasing volumes of data also appear to have the greatest potential impact now on business than at any time since the Fall of 2016.


The E-Discovery Market May Not Be Consolidating As Fast As Everyone Thinks

The E-Discovery Market May Not Be Consolidating As Fast As Everyone Thinks

Many have predicted the impending maturation of the e-discovery market, but while the market is feeling smaller and smaller to both buyers and vendors, the rate of consolidation in the e-discovery space slowed noticeably in 2017.


Apparently Size Does Matter: eDiscovery Business Confidence Survey Results – Winter 2018

Apparently Size Does Matter: eDiscovery Business Confidence Survey Results - Winter 2018

The Winter 2018 eDiscovery Business Confidence Survey is a non-scientific survey designed to provide insight into the business confidence level of individuals working in the eDiscovery ecosystem.


Too Many Law Firms Are Still Fighting the Last War: “2018 Report on the State of the Legal Market”

Too Many Law Firms Are Still Fighting the Last War: “2018 Report on the State of the Legal Market”

Law firms have spent much of the past decade fortifying themselves against anticipated challenges. But strategies based on how the market has behaved in the past may be leaving many firms unprepared for the rapid transformations that are sweeping the legal industry.


Heretik Closes $2.4 Million Seed Round (Relativity Investment)

Heretik Closes $2.4 Million Seed Round (Relativity Investment)

Heretik, a Chicago based software company that uses machine learning to make the contract review process smarter in Relativity, announced that it has completed its $2.4 million seed round of financing. Corazon Capital led the investment round with participation from existing investors Chicago Ventures and Relativity.


CS Disco $20.25 Million Financing (Form D Disclosure)

CS Disco $20.25 Million Financing (Form D Disclosure)

CS Disco, Inc., Corporation just submitted form D for $20.25 million equity financing. This is a new filing. CS Disco was able to fundraise $16.50 million.


The Six Types of Successful Acquisitions

The Six Types of Successful Acquisitions

Companies advance myriad strategies for creating value with acquisitions—but only a handful are likely to do so.


eDiscovery Mergers, Acquisitions, and Investments in 2017

eDiscovery Mergers, Acquisitions, and Investments in 2017

Based on an aggregate review of the abridged listing through the lens of 2017, the following findings, data points, and tracking chart may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from January 1, 2017, through December 31, 2017.


From Big Data to Big Business: The Winter 2018 eDiscovery Business Confidence Survey

From Big Data to Big Business: The Winter 2018 eDiscovery Business Confidence Survey

The Winter 2018 eDiscovery Business Confidence Survey is a non-scientific survey designed to provide insight into the business confidence level of individuals working in the eDiscovery ecosystem.


2017: The Year Legal Tech Grew Up

2017: The Year Legal Tech Grew Up

In a trend that has prevailed for multiple years now, consolidation in the legal tech space—among e-discovery providers in particular—continued at a strong clip in 2017.


Consolidation in Legal Tech: How the ‘New Normal’ Benefits Companies and Customers

Consolidation in Legal Tech: How the 'New Normal' Benefits Companies and Customers

Through consolidation, one expert writes that customers receive better, more comprehensive services while companies can control costs and enabling their own geographic expansion.


Gartner Analyst Predicts Doom for On-Premises Data Centers

Gartner Analyst Predicts Doom for On-Premises Data Centers

Enterprise software’s days are numbered, and if you don’t adopt artificial intelligence (AI) and machine learning, your data center will be useless.


TCF Capital Funding Supports Knox Capital, Maranon Capital in Recap of HaystackID LLC

TCF Capital Funding Supports Knox Capital, Maranon Capital in Recap of HaystackID LLC

TCF Capital Funding, a division of TCF National Bank, announced that it provided $17,800,000 in secured financing to support Knox Capital Holdings and Maranon Capital in the recapitalization of HaystackID LLC. “With this, our second such transaction in the eDiscovery space, we are very pleased to have participated with a firm as well differentiated in its market as HaystackID”, said Scott Nielsen, TCF Capital Funding Vice President.


15 Metrics Every Software Product Manager Should Know

15 Metrics Every Software Product Manager Should Know

There are hundreds of different metrics that product managers could potentially measure. But all successful teams have a core set of metrics that matter most to them and the nature of their business.


Startup Killer: The Cost of Customer Acquisition

Startup Killer: The Cost of Customer Acquisition

Failure to get product/market fit right is very likely the number 1 cause of startup failure. However in all these articles, I have not seen any discussion about what I believe is the second biggest cause of startup failure: the cost of acquiring customers turns out to be higher than expected, and exceeds the ability to monetize those customers.


Integreon Acquires Allegory

Integreon Acquires Allegory

Global alternative legal services provider Integreon today announced it has acquired Allegory, the litigation management software business founded by legal tech pioneer Alma Asay.


Market to Manage Electronic Documents in a State of Flux

Market to Manage Electronic Documents in a State of Flux

Last year, more than 30 major e-discovery companies were acquired or merged, or they disappeared. To an outside observer, it looks like an industry that is shrinking or contracting.

But at the same time, venture capital firms poured millions of dollars into startups and upstart companies offering technology to manage electronic documents in litigation. It’s enough to make lawyers wonder: Is it an industry in decline or on the rise?

The answer is a little of both. Large corporate clients are resistant to paying millions for litigation support services when a lawsuit arises. Rather, large organizations are investing in tools to manage electronic records before litigation ever happens.


The Top Issue Impacting eDiscovery Business Performance: Budgetary Constraints (Fall 2017)

The Top Issue Impacting eDiscovery Business Performance: Budgetary Constraints (Fall 2017)

In the Fall of 2017, 31% of respondents viewed budgetary constraints as potentially having the greatest business impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey. Budgetary constraints also appear to have the greatest potential impact now on business than at any time since the initiation of the eDiscovery Business Confidence surveys.


Legal Tech Fails To Sustain Deal Counts And Dollar Amounts

Legal Tech Fails To Sustain Deal Counts And Dollar Amounts

To rework the legal industry, which is steeped in tradition and regulation, large sums of money are likely required. In an effort to address these challenges, legal tech startups have received $1.5 billion in funding across 610 deals since 2010.


The Challenge of Budgetary Constraints: eDiscovery Business Confidence Survey Results – Fall 2017

The Challenge of Budgetary Constraints: eDiscovery Business Confidence Survey Results - Fall 2017

The Fall 2017 eDiscovery Business Confidence Survey is a non-scientific survey designed to provide insight into the business confidence level of individuals working in the eDiscovery ecosystem.


Data Challenges? The Fall 2017 eDiscovery Business Confidence Survey

Data Challenges? The Fall 2017 eDiscovery Business Confidence Survey

The Fall 2017 eDiscovery Business Confidence Survey is a non-scientific survey designed to provide insight into the business confidence level of individuals working in the eDiscovery ecosystem.