LITERA INTRODUCES ANONYMIZE FOR CLAUSE COMPANION, ALLOWING LAWYERS TO SAFELY REUSE THEIR PREFERRED WORK

February 5, 2020 – Today, Litera introduced Clause Companion’s newest feature, Anonymize. The solution’s new save and anonymize workflow allows lawyers to reuse content from their prior work to safely create new documents faster.

“Clause Companion is a necessity at our firm,” a CIO with a Global 100 firm said. “It is easy, fast, and changes the game for lawyers. Not only does it empower them to provide practical guidance on how to use preferred phrases and content, but the new “Anonymize” function provides a flexible solution for document creation. Now, all lawyers — not just transactional folks — can save, reuse, and leverage their best content without needing to be a document expert or interrupting their workflow.”

Clause Companion’s Anonymize feature offers users several benefits:

  • Automatically anonymizes content by detecting and replacing deal-specific data with the choice of blanks, symbols, or variables
  • Anonymized documents can be saved to the Clause Companion library as easily accessible, ready-to-go templates
  • Allows lawyers to safely reuse these documents and their preferred content faster, without ever leaving Microsoft Word

“Lawyers often use the fastest process to draft high-quality documents – by starting from an existing document that they’re familiar with,” Avaneesh Marwaha, CEO of Litera, said. “Sorting through content libraries to identify the best, most current documents and replacing the critical details in them takes substantial time that could be better spent on higher-value tasks. Anonymize helps lawyers by making this process smarter, faster, and more secure.”

Learn more by watching our video on Clause Companion.

About Litera
Litera is the leading provider of software for managing transactions and drafting, proofreading, comparing, repairing, cleaning, and securing documents in legal and corporate industries worldwide. Our core products empower users to generate, review, and distribute high-quality content quickly and securely, from any device. Today, Litera supports thousands of document-intensive organizations across the globe, helping them satisfy the complex demands of clients and regulators.

/by Litera

Adoption of Casepoint eDiscovery Continues to Grow at Record Rates

Customer adoption of Casepoint eDiscovery platform exceeds all forecasts; number of matters running on the platform is up 453% from previous year.

TYSONS, Va., Feb. 4, 2020 — Casepoint, a leader in enterprise eDiscovery technology, today announced a series of dramatic growth indicators from 2019 that position the company for further success in 2020. Last year marked the release of a transformative upgrade to Casepoint eDiscovery running on Casepoint Platform. The ensuing growth includes the addition of a number of major clients, a more than quadruple increase in the number of matters running on the company’s eDiscovery platform, and a massive expansion of its employee base.

Among the client wins are Vandeventer Black LLP, Larkin Hoffman Attorneys, Spilman Thomas & Battle, and Ryley Carlock & Applewhite. “Casepoint has been a valuable and cost-efficient eDiscovery resource tool for both our attorneys and our clients. The all-inclusive TAR/analytics/AI features, self-service options, user-friendly interface, and experienced project management support are key. In addition, the transparent and competitive pricing model helps us with cost predictability and cost containment for our clients,” said Phi Tran, Esq., Director of eDiscovery at Ryley Carlock & Applewhite. Also in 2019, Casepoint was selected in October by the U.S. Securities and Exchange Commission (SEC) to conduct a cloud-based eDiscovery pilot after undergoing a rigorous multi-step evaluation process. Several of the new clients have elected to standardize on Casepoint eDiscovery across the entire enterprise, which has allowed them to replace multiple tools from other vendors and/or internal tools with Casepoint’s integrated solution.

“As soon as we released a transformative upgrade of Casepoint eDiscovery last year, we experienced accelerated growth and quickly began hiring, with a particular focus on the product team,” said David Carns, Chief Revenue Officer at Casepoint. “Since then we have added multiple new features and enhancements to the platform, and plan to make additional improvements in the next few months. We are now well-positioned to respond to the rapidly increasing demand for our products and services in the year to come.”

At the end of 2019, the number of legal matters running on Casepoint had increased by 453% over 2018. To accommodate this dramatic increase in its business and prepare for additional growth in 2020, Casepoint has been busy expanding its workforce. The company now has a total of 550 employees, up from 370 in July 2019 and 45 in 2015. The product team count currently stands at 320, up from 175 in July and 15 in 2015. The focus on expanding the product team reflects Casepoint’s ongoing commitment to continual improvement and rapid responsiveness to client feedback and requests.

“The new numbers and client wins suggest that Casepoint eDiscovery running on Casepoint Platform is quickly becoming the industry standard,” said Haresh Bhungalia, Chief Executive Officer at Casepoint. “Many of our customers have switched to Casepoint from Relativity, Recommind, Case Logistix, Ipro Eclipse, Nuix, or other platforms. They made the switch to Casepoint after experiencing our platform’s industry-leading speed, its unprecedented flexibility, and extensibility, the power of fully integrated AI and the ease of managing the entire eDiscovery process within a single, user-friendly interface.”

Now in its twelfth year, Casepoint offers blazing-fast, enterprise-class tools for full-spectrum eDiscovery, including cloud collections, data processing, advanced analytics, artificial intelligence, full-strength review, and customizable productions. Casepoint supports workflows across millions of documents, multiple terabytes of data, thousands of legal matters, and unlimited numbers of users.

For more information about the next generation of eDiscovery technology, visit casepoint.com.

About Casepoint
Casepoint empowers legal departments, law firms, and public agencies by providing smarter legal technology combined with award-winning client service. Casepoint eDiscovery is the fast, enterprise-class, and next-generation eDiscovery suite from Casepoint, based on more than 11 years of innovation in the industry. It is built upon Casepoint Platform, a highly scalable, secure, and configurable application environment that meets the demands of sophisticated clients within eDiscovery and beyond. Whether SaaS, on-prem, or hybrid, Casepoint eDiscovery features cloud collections, data processing, advanced analytics, artificial intelligence, review, and production – all in an easy-to-use web interface. Casepoint customers benefit from the ability to support sophisticated workflows across millions of documents and hundreds of users, with custom reporting and data management tools built-in. Simple, elegant, and intuitive, Casepoint represents the next generation of litigation technology that will empower your global legal team.

Media Contact:
Shana Graham
Plat4orm PR
206-661-6336
shana@plat4orm.com

 

/by Casepoint

New solution from @FTIConsulting combines cutting-edge analytics with research expertise and critical thinking.

/by FTI Technology

New solution from @FTIConsulting streamlines the transfer of cloud-based files into leading document review and analytics platforms

/by FTI Technology

Legalweek NY – February 5, 2020 – NetGovern today announced that it will be actively supporting Ipro’s market-leading technology and product strategy. Through this exciting partnership, NetGovern’s capabilities will soon be integrated with the Ipro eDiscovery solution. The collaboration will provide simplified, consolidated access to multiple sources of enterprise unstructured data for Ipro’s effective eDiscovery workflow.

/by Marie-France Halley

Wolters Kluwer’s ELM Solutions, the market-leading provider of enterprise legal spend and matter management, contract lifecycle management, and legal analytics solutions, announced the launch of LegalVIEW® BillAnalyzer Data Service, a new managed service that empowers in-house legal bill review teams with AI and data analytics to improve efficiency and reduce legal spend.

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ContractPodAi, award-winning provider of AI-powered CLM software launched its newest feature today: Auto-Contract Desk! This generation tool helps users efficiently create a high volume of contracts. Check out our press release! #contractmanagement #CLM

/by Patricia MacLean

As companies shift to digital-first globalization strategies, meeting and managing regulatory and compliance demands emerge as a top challenge, according to the Digital First Globalization Strategies Research Report from SDL

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DISCO Updates Analytics Suite with New Cross-Matter Artificial Intelligence 

Industry-Leading Capabilities Increase Accuracy and Speed of Ediscovery Document Review While Reducing Costs 

NEW YORK — February 4, 2020 — Legal technology leader DISCO today announced a significant update to DISCO Analytics Suite that transforms how artificial intelligence (AI) can be leveraged across all of an organization’s cases. DISCO Analytics Suite now includes cross-matter AI, which empowers legal teams to leverage all of their work product from past and ongoing matters at the start of every new case.  

 

Previously, AI models were case-specific, with learnings and predictions built on how documents were tagged in a single matter. With each new case, legal teams were forced to tag documents and build new models from scratch. 

 

With DISCO’s cross-matter AI, organizations can now import AI models at the beginning of every case that are powered by the tagging decisions of previous matters. As teams use these models, tagging signals are fed back into the parent models to make them increasingly more accurate. This bidirectional learning dramatically increases review accuracy and makes the discovery process faster and more efficient.

The DISCO Analytics Suite is designed to give lawyers and legal teams the tools to quickly and easily make sense of large volumes of data, find critical documents, and eliminate irrelevant documents from review. Key features within in the suite include:

  • Interactive data visualization
  • DISCO AI tag predictions (including non-English languages)
  • Predictive visualization
  • Predictive quality control
  • Similar documents with real-time adjustable threshold
  • Email threading
  • Inclusive-email detection
  • Produced-email analytics 
  • Email communication analysis
  • Domain analysis
  • Automatic language detection

“AI and machine learning are transforming the practice of law — but until today, that transformation has been on a matter-by-matter basis,” said Keith Zoellner, DISCO chief technology officer. “Now, legal teams can apply the power of AI fueled by millions of documents across hundreds of matters before a single document in a new case has been tagged. DISCO is truly enabling legal teams to leverage AI to find the most accurate and relevant information for a case faster, and resolve their cases sooner.”

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About DISCO

DISCO is a legal technology company that applies artificial intelligence and cloud computing to legal problems to help lawyers and legal teams improve legal outcomes for their clients. Corporate legal departments, law firms, and government agencies around the world use DISCO for ediscovery, case management, compliance, disputes, and investigations. For more information, visit www.csdisco.com.

Contact

Laura Wooster
DISCO Public Relations
wooster@csdisco.com
202-681-4010

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According to the “12th Annual Law Department Operations Survey,” released last month, business process improvement is the leading current and expected challenge for corporate legal departments, followed closely by the need to stay abreast of law department technology.

The survey produced by the Blickstein Group is created via an advisory board consisting of law department operations professionals from Fortune 500 companies and other consultants.

The good news from the report is that more corporate legal professionals (70.2%) are reporting that they have the right technology to do their jobs than in the previous survey (68.6%). And more specifically, 57.4% said they had plans to update, evaluate, or implement a document management system (DMS) in the next 12 months to extend that upswing.

However, on a scale of 1 to 10, respondents ranked the effectiveness of DMS technology in general at a 6.7—well behind the 7.1 average score for all legal information technologies. While up from a 5.9 in the previous year’s survey, the 2019 report lists a few reasons for this perceived lack of effectiveness, notedly insufficient training, poor implementation, and underuse.

Here are 3 ways law departments can overcome these and other challenges with DMS and improve their business processes:

Enable better search in a DMS

It’s clear from the low effectiveness scores for DMS technology that traditional products aren’t meeting the needs of contemporary legal departments. One way that this can be improved is to enable better search in your DMS.

Users need to more effectively save and search a large volume of documents, emails, and messages that flow through the legal department. Modern DMS offers suggested filing locations and personalized search that delivers more accurate results by remembering what you search for most often.

While 47.4% of survey respondents indicated they don’t use Artificial Intelligence in their legal departments, this technology is ripe for improving DMS effectiveness. By enabling improved user document search and even extraction of specific datasets buried in documents with AI, legal departments can significantly improve their business processes. Nearly 27% of survey respondents indicated they’re using AI for e-discovery or document review, while 13% indicated they’re using it for insight or predictions.

Offer a better DMS experience to users and the organization

As suggested in the survey, DMS effectiveness often is hindered by underuse. One strategy to overcome this challenge is to offer legal departments a more consumer-like experience with these technologies. Modern DMS empowers professionals to work more productively while enabling legal departments to be more efficient, agile, and responsive to the changing business environment.

It does so by mirroring consumer applications like Amazon and Google, with intuitive features that work the way users want to work on any device, while requiring minimal training. It anticipates user actions, and integrates with other tools that legal professionals use, such as matter management, conflict management, and workflow software.

Further, a modern DMS offers benefits at the organization level, with cloud delivery models to enhance organizational agility with rapid deployment, automated updates, and the flexibility to add new functionality as needed.

Offer comprehensive security in a DMS

Legal organizations have unique requirements for securing documents for all their different clients. This only becomes more complex when they must also meet the various legal requirements for all the countries in which they do business. So, it’s no surprise that handling global issues ranked 6th in top challenges legal departments face according to the survey, while compliance issues and data protection came in 9th.

Modern DMS delivers comprehensive security, built on established industry best practices, to protect information assets. These protections are augmented by comprehensive governance, security, and risk mitigation features including need-to-know security and ethical walls, to govern information access.

Learn more about how a modern DMS can help your legal department improve its business processes here.

/by Clint Crosier