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e-Discovery: 10 Legal Tech Companies to Know in 2018

e-Discovery: 10 Legal Tech Companies to Know in 2018 31/10/2017
e-Discovery 10 Legal Tech Companies to Know in 2018

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Discovery, the legal process of finding and exchanging all relevant documents to a litigation proceeding, has long been one of the most expensive and time-consuming aspects of a case. The soaring and unprecedented use of technology in our daily lives has given rise to a new type of discovery, known as e-discovery, which focuses on electronic information found in emails, text messages, metadata, website searches, and more. Since the average lawyer is far from a specialist in information technology, the tasks involved in finding, producing, and exchanging e-discovery information is increasingly hired out to specialty companies. Not only is this a more economical alternative than charging clients a lawyer’s hourly rate for this work, but it might also be a practical requirement in order to fully gather the information that the rules of civil procedure and rules of evidence require be exchanged between the parties. Considering all of this, it’s no wonder that so many e-discovery companies have popped up in recent years with the goal of developing and streamlining the process. Here are ten e-discovery disruptors to keep an eye on in 2018.


DISCO

DISCO, more specifically known as CS Disco Inc., is a leader in the e-discovery marketplace.

In June 2017, DISCO announced the availability of their next-generation learning platform, DISCO AI, an artificial intelligence program that applies both machine learning and cloud computing to change the landscape of e-discovery.

DISCO AI greatly reduces the time, cost, and burden of identifying relevant pieces of information during routine document review. Since DISCO AI is a self-learning program, the advances it is poised to make could quickly outstrip what has been accomplished so far using more standard Technology Assisted Review (TAR) automation processes.

Get tag predictions with no setup – DISCO

Brainspace

A pioneer in helping its clients find meaningful connections within unstructured data, Brainspace solutions utilize patented software to provide top-of-the-line e-discovery solutions.

The company recognizes that the increasing volumes of data an average client is presented with are overwhelming and virtually impossible for humans to meaningfully sift through. At the same time, automated processes without human or human-like input are of limited use. That’s why Brainspace’s platform for e-discovery was built to incorporate machine learning and thoughtful user inputs, with the goal of creating a seamless e-discovery experience on the user’s end that finds non-obvious connections other software can miss.

Not only that, but it plays well with others – Brainspace will integrate with many of the legal industry’s most common e-discovery platforms, including those from LexisNexis, Relativity, and Nuix.


Discovia

Discovia is a global provider of e-discovery to law firms. In 2015, the company was recognized by the National Law Journal as the e-discovery industry’s top provider of internal and government investigation services, according to a nationwide survey of legal professionals.

In addition to e-discovery for corporations and firms engaged in litigation, Discovia has expanded to provide e-discovery in ITC investigations and regulatory investigations. This expansion into government clients speaks well for Discovia. And, according to the company’s self-published data, its accuracy rate for target documents is 99.7 percent.

Discovia

Relativity

Until the second half of 2017, the company now known as Relativity was well-known as kCura, and its product was Relativity, the e-discovery platform used by virtually all of the AmLaw 200 law firms.

However, on August 28, 2017, the company itself underwent a name change and rebranding to Relativity.

Discovery Connected – Relativity

The platform Relativity is known for its ease of use and efficiency, plus its ability to power through large datasets with ease. Over 13,000 corporations, government agencies, and law firms use Relativity’s software for their e-discovery, including Deloitte, Allstate, and the FDA.


Everlaw

If an e-discovery company is trusted and used by the likes of Susman Godfrey L.L.P. and MotleyRice LLC, you know it must get the job done.

Features like StoryBuilder, Everlaw’s in-platform collaboration tool, natural-language search, and predictive coding help litigators manage large projects with multiple reviewers. Lawyers in 100% of U.S. state attorneys general offices find Everlaw’s user-friendly design improves their workflow and case efficiency.

Lawfirms – Everlaw

Often cited as one of the best solutions, this startup is helping state agencies, corporate litigators, and AmLaw 100 firms win more cases.


Text IQ

Legal technology company Text IQ is another e-discovery startup on the forefront of incorporating aspects of artificial intelligence to complete discovery tasks in a fraction of the time and at a fraction of the cost. It was founded in November of 2014.

One of the propounded benefits of AI is that it is intended to allow firms to find relevant documents that are easily missed using only search terms, because the AI programs can extrapolate from user-provided information.

Text IQ is committed to being on the forefront of AI development, and so far, it’s paying off. Forbes magazine reported that in January 2017, Text IQ’s revenue was ten times its burn rate, with increasing sales expected.

Head of e-discovery – Text IQ

OpenText

If OpenText’s fourth-quarter financials for 2017 are anything to go by, the company has ample reason to celebrate its success.

OpenText reported total revenue of $664 million for the 2017 fiscal fourth quarter.

The company continues to acquire smaller, competing businesses and to expand its growth and offerings, all while offering a comprehensive list of services including e-discovery for firms, government, and corporations.


Catalyst

Catalyst has been named Legaltech News’ Innovation Award Winner for the past two years, and for good reason.

The company’s combination of dynamic products and dedicated team members means it provides proven results to its clients.

 

Platform – Catalyst

The CEO and founder of Catalyst, John Tredennick, was named an American Bar Association Legal Rebel Trailblazer for his pioneering work in legal technology. One of the ways that Catalyst is seeking to change the landscape of e-discovery is by making it available and economical for smaller cases, such as those where as little as 5,000 or 10,000 documents are produced for review.

Insight Enterprise e-discovery platform – Catalyst

eDiscovery Point by Thomson Reuters

Winner of Legaltech News’ Product of the Year for 2016, eDiscovery Point was built using modern web-based HTML5 coding. Its focuses are on giving users greater speed, accuracy, and ease of use.

The company also emphasizes its all-in pricing model, which seeks to extend user control to cost as well.

eDiscovery Point – Thomson Reuters

As a product of Thomson Reuters, eDiscovery Point has the added advantage of already being aligned with one of the very biggest names in legal services, and its product offering is entirely web-based.


Epiq

Epiq is providing e-discovery solutions for many Fortune 500 companies and AmLaw 100 firms, but it isn’t satisfied with where it is – rather, Epiq and the people behind it are constantly expanding toward the future.

One of the concentrations that the company currently focuses on is rigorous security to defend against hacks both internal and external, so clients can know their sensitive documents and data are well-protected.

As data security becomes an increasingly urgent concern for firms, companies, and government agencies, Epiq is committed to providing ever-evolving methods to combat breaches.

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