eDiscovery Data Points from ComplexDiscovery

This is the twenty-first quarterly eDiscovery Business Confidence Survey conducted by ComplexDiscovery. It is also the fourth time the survey has been conducted during the current pandemic. The COVID-19 pandemic continues to alter life as we know it. It also continues to alter the business landscape of everyone in the eDiscovery ecosystem. 2,332 individual responses have been received from legal, business, and technology professionals across the eDiscovery ecosystem since the inception of the survey. 60 respondents shared their opinions as part of the most recent survey.

The post A Lifting of the Fog? Winter 2021 eDiscovery Business Confidence Survey Results appeared first on ComplexDiscovery.

According to HaystackID's Chief Innovation Officer and President of Global Investigations, Michael Sarlo, “With the prevalence of data breaches in today’s business world, it is only a matter of time before an organization faces the challenge of a post-data breach incident response. While there are many different solutions for specific incident response tasks, our new ReviewRight Protect service allows us to help companies address these tasks with an integrated service managed by a team of proven data and legal discovery and review experts. Leveraging HaystackID’s extensive data discovery and compliance reporting experience, the new service helps companies quickly identify sensitive data, promptly assess safe and at-risk data, and rapidly respond and report to mitigate data-breach associated risk.”

The post Only a Matter of Time? HaystackID Launches New Service for Data Breach Discovery and Review appeared first on ComplexDiscovery.

Since beginning to track the number of publicly highlighted merger, acquisition, and investment (M&A+I) events in the eDiscovery ecosystem, ComplexDiscovery has noted at least 453 M&A+I events between November 2001 and December 2020. In considering M&A+I events in 2020, the following findings, drivers, data points, and tracking charts may be useful for understanding the activity patterns of these business events between January 1, 2020, and December 31, 2020.

The post eDiscovery Mergers, Acquisitions, and Investments in 2020 appeared first on ComplexDiscovery.

As highlighted in the July 9, 2020, blog post from the FTC, increased interest in levels of M&A activity has warranted that the Bureau of Competition’s Premerger Notification Office (PNO) share the monthly figures for Hart-Scott-Rodino (HSR) Act filings. This increased activity can be seen in the strong HSR reported transaction numbers for December 2020. December had 192 reported transactions, the highest number of monthly reported transactions in any December between FY 2010 and FY 2021.

The post Closing Fast? A Hart-Scott-Rodino Act Transaction Update (December 2020) appeared first on ComplexDiscovery.

According to Relativity CEO Mike Gamson, "It's imperative that the legal and compliance industries stay ahead of and evolve with the changing nature of work in organizations globally. Enterprise communications will continue to shift rapidly and scale from traditional channels like email toward chat and collaboration platforms. That's why Relativity is committed to investing in technology that connects directly to native cloud data sources for surveillance and e-discovery workflows, evolving the data paradigm from documents to include conversations."

The post Relativity Acquires VerQu appeared first on ComplexDiscovery.

From Nuix and DISCO to Exterro and AccessData, the following findings, data points, and tracking charts highlight information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from October 1, 2020, through December 31, 2020. During 4Q20 there were at least eight M&A+I events, a pulse rate that exceeded the pre-COVID investment pulse rate of seven events during the same time frame in 2019.

The post eDiscovery Mergers, Acquisitions, and Investments in Q4 2020 appeared first on ComplexDiscovery.

Based on research and tracking by ComplexDiscovery, this non-comprehensive planning list highlighting selected eDiscovery-related events, conferences, and meetings may be beneficial for individuals and organizations in the eDiscovery ecosystem evaluating sponsorship, support, and attendance plans for 2021.

The post Here We Go Again? A Running Listing of eDiscovery Events in 2021 appeared first on ComplexDiscovery.

May the peace and joy of the holiday season be with you today and throughout the coming year! From eDiscovery pricing and industry investments to data regulations and cybersecurity frameworks, the December 2020 edition of the Five Great Reads on eDiscovery newsletter provides a selection of recent research, reports, and articles to update and inform legal, business, and information technology professionals in the eDiscovery ecosystem.

The post Five Great Reads on eDiscovery for December 2020 appeared first on ComplexDiscovery.

X-Road® implements a set of standard features to support and facilitate data exchange and ensures confidentiality, integrity, and interoperability between data exchange parties. Recently the Nordic Institute for Interoperability Solutions (NIIS) highlighted the beta version release of X-Road 7 Security Server software.

The post A Unicorn Unleashed? X-Road® 7 Beta Version Released appeared first on ComplexDiscovery.

According to DISCO CEO Kiwi Camara, “Legaltech is booming now, and the industry’s real growth has only just begun. Over the next five to 10 years, legaltech will emerge as the next high-growth category of enterprise software. We are delighted to see investors acknowledge DISCO’s position as the category creator and category leader for legaltech. Legal departments and law firms are embracing the power of artificial intelligence to automate away the parts of the practice of law that don’t require human legal judgment, freeing great lawyers to do the work that only they can do.”

The post DISCO Closes Funding Round of $100 Million appeared first on ComplexDiscovery.