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In A $1B E-Discovery Acquisition Double-Play, Reveal Acquires Both Logikcull and IPRO

Above the Law - Technology

The e-discovery landscape will be needing a new map after the global e-discovery company Reveal said today that it has acquired two other leading e-discovery companies, Logikcull and IPRO. ” These acquisitions follow the 2021 merger of Reveal and Brainspace , backed by a $200 million investment by K1.

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Following Departure of its Founder, E-Discovery Company DISCO Names New CEO

Above the Law - Technology

The e-discovery company CS Disco today announced that its board of directors has named Eric Friedrichsen as president and chief executive officer, filling the slot vacated when the company’s cofounder Kiwi Camara stepped down as CEO last September in the wake of allegations that he had groped a female employee.

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E-Discovery Company Nextpoint Raises Growth Capital Investment of Undisclosed Amount

Above the Law - Technology

The cloud-based e-discovery company Nextpoint has received a growth capital investment from RF Investment Partners , a company that provides structured growth capital. The firm will provide discovery and litigation legal services to other law firms and to corporate legal departments.

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DISCO Cofounder Kiwi Camara Steps Down As CEO; Board Member Scott Hill Is Named Interim Leader

Above the Law - Technology

The e-discovery company CS Disco said today that Kiwi Camara , its cofounder, has decided to step down from his roles as chief executive officer and board member. Hill has served as a member of DISCO’s board since June 2021 and was previously chief financial officer of Intercontinental Exchange.

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Majority of E-Discovery Professionals Use Cloud Software, Survey Says, with Clear Advantages

LawSites

The survey, 2022 Ediscovery Innovation Report: Leaders and Laggards , found that, of the 195 e-discovery professionals who responded, 43% used a cloud platform as their primary e-discovery solution and 14% used a hybrid cloud platform, as opposed to 38% using an on-premises platform. more effectively.”

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The 10 Legal Tech Trends that Defined 2021

LawSites

It is as if we are serving time in a legal tech limbo. Whereas 2020 ended with a newfound sense of the possible, 2021 ends with us still not knowing what is ahead, and therefore which way to turn. After all, it was a good year for the legal tech industry. But in 2021, progress felt slower, as if we were mired in malaise.

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Major E-Discovery News, As Exterro, Eyeing IPO, Acquires Zapproved for Undisclosed Amount

LawSites

Among the things the two e-discovery companies Exterro and Zapproved have in common is that they were both founded in the same year, 2008, and in the same city, Portland, Ore. Zapproved focuses its market more narrowly on corporate legal departments and provides a platform for legal holds, data collection, and data review.