Welcome to late December: the time of year when the legal technology industry takes a breather, people are merry, and journalists make lists. A year ago, Law Technology News compiled a similar story 11 for ’11 so now it’s time for the 2012 edition. This was the year that technology research company Gartner Inc. said e-discovery is a billion-dollar market! However, rather than starting from scratch, this story focuses on what changed from last year. The 2012 topics are presented below in alphabetical order.
- Big Data: The buzzword isn’t new, but “Big Data” is starting to take hold in law firms and among corporate counsel. So we at Law Technology News tried our best to explain it. David Cowan gave his opinion on video; Monica Bay wrote a cover story citing the volume, velocity, variety, and veracity of digital information. Sean Doherty sought opinions from the technology vendors, and Compliance Governance & Oversight Council officials put in their two cents about data hoarders. IBM hinted of a big data play and then put its money into action by acquiring StoredIQ to help customers reduce their information overload.
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