eDiscovery Data Points from ComplexDiscovery

According to the announcement, Armatus enables attorneys to maximize the benefits of their existing eDiscovery production and to collaborate with in-room and distributed litigation teams in new and powerful ways, including through the preparation of witnesses in advance of depositions. During the deposition itself, the deposing attorney as well as their in-room and remote team members can read and select real-time transcript content, auto-search eDiscovery production without having any experience with the eDiscovery platform itself, and instantly see relevant documents that help them craft questions.

The post A SaaSy New AI-Enabled Offering? Cloud Court Releases Armatus appeared first on ComplexDiscovery.

According to David Cohen, partner, Reed Smith LLP, and chair of EDRM's project trustees, "There is so much hype about the use of AI in the legal field and whether it may even replace human lawyers. Many legal professionals, however, don't really understand AI and its practical applications. This paper provides a concise and understandable introduction to AI, its current and future applications in litigation discovery and related ethical considerations."

The post Beyond Foibles and Fatigue? The Use of Artificial Intelligence in eDiscovery appeared first on ComplexDiscovery.

According to a recently published report, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) in the first six months of 2021 identified $590 million in ransomware-related suspicious activity reports (SARs), a 42 percent increase compared to a total of $416 million for all of 2020. If current trends continue, SARs filed in 2021 are projected to have a higher ransomware-related transaction value than SARs filed in the previous 10 years combined.

The post Keeping Secrets? Ransomware Trends in Bank Secrecy Act Data Between January 2021 and June 2021 appeared first on ComplexDiscovery.

In the fall of 2021, 67 eDiscovery Business Confidence Survey participants chose to answer at least one of the optional business operational metric survey questions in the quarterly survey. 47.0% of respondents reported increasing Monthly Recurring Revenue (MRR). This is the highest percentage of respondents reporting MRR as increasing since the introduction of operational metric questions into the business confidence survey in the winter of 2019.

The post Harvest Time? eDiscovery Operational Metrics in the Fall of 2021 appeared first on ComplexDiscovery.

Past ways of moving along the business relationship continuum from stranger to acquaintance to trusted collaborator, employee, or partner that relied on rapport-building no longer remain as pre-COVID opportunities for socially serendipitous encounters such as after-work happy hours, coffee breaks at conferences, and intra-industry networking events have been greatly diminished. The cues that would be present in these face-to-face interactions are largely viewed as essential for establishing trust in deepening relationships and achieving professional goals such as concluding transactions. However, there may be some compensatory affordances for lack of face-to-face interactions such as trusted referrals, more ‘objective’ evaluations, and equalization of access for those in more peripheral geographic locations.

The post Adapting Well? Business Networking in the Time of COVID appeared first on ComplexDiscovery.

According to Ralph Nickl, CEO and Founder of Canopy, “The entire premise of corporate privacy is to mitigate the potential for or the impact of a data breach. But up until now, companies didn’t have deep insight into how much PII was in their data until after a breach occurred, when it’s too late to mitigate. Privacy Audit flips this by proactively giving IT, security, and privacy professionals the powerful AI-driven PII detection that is used in breach response."

The post Canopy Software Announces Privacy Audit appeared first on ComplexDiscovery.

According to Brad Harris, VP of Product at Hanzo, “Preserving data in Slack gives enterprise legal teams the flexibility they need to balance risk and cost by limiting the copies of data. We take an approach that always seeks to empower the customer to control the amount of data they collect and reuse it across matters once collected which limits exposure from overcollection and redundant data.”

The post Hanzo Announces Preserve-In-Place Support for Slack eDiscovery appeared first on ComplexDiscovery.

As highlighted in the September 28, 2021, blog post "Making the Second Request Process Both More Streamlined and More Rigorous During this Unprecedented Merger Wave" by the new director of the Bureau of Competition Holly Vedova, the FTC has been anticipating publishing a revision to the Model Second Request. The latest revision is now available for consideration and use by business, legal, and eDiscovery professionals involved in potential or actual Second Request investigations.

The post FTC Updates Model Second Request Introductory Guide appeared first on ComplexDiscovery.

According to Ryan O'Leary, Esq., Research Manager for Privacy and Legal Technology at IDC, "eDiscovery continues to evolve as an industry and a practice area. eDiscovery champions within enterprises continue to be pressured to do more with less, all while having the desire to bring more of the eDiscovery process in-house. Legal holds are a crucial step of eDiscovery to ensure the appropriate information is collected and protected. Everlaw recognizes this reality and by incorporating legal holds as a feature, and not a product, differentiates themselves as a unique partner for eDiscovery stakeholders. Auditable legal holds and defensible collections become easier and the additional value created for customers is a compelling solution within the eDiscovery sphere."

The post Holding That Thought? Everlaw Launches Legal Holds appeared first on ComplexDiscovery.

Since January 2016, 2,595 individual responses to twenty-four quarterly eDiscovery Business Confidence surveys have been received from cybersecurity, information governance, and legal discovery professionals across the eDiscovery ecosystem. These nonscientific quarterly surveys are designed to provide insight into the business confidence level of individuals working in the field of eDiscovery supporting cyber, data, and legal discovery tasks. 73 respondents shared their strongly optimistic opinions as part of the most recent survey.

The post Unseasonably Hot? Fall 2021 eDiscovery Business Confidence Survey Results appeared first on ComplexDiscovery.