Your Post-Legalweek 2018 Recap of Legal Tech Product Offerings and Upgrades
A nonexhaustive list of some of the biggest legal technology product news announced during this year's Legalweek New York.
February 07, 2018 at 08:00 AM
11 minute read
Once again, Legalweek New York 2018 was where big news happened. This year saw the introduction of a number of new technology tools, ranging from document management expansions to artificial intelligence integrations.
Legaltech News published a pre-show list of news to watch for, but there was a number of items announced during the show itself. Here's a non-exhaustive list of some of the major product news that made waves, listed in alphabetical order.
Looking to announce future news? Let me know at [email protected].
Actiance
Communications compliance, archiving, and analytics company Actiance has announced a partnership with Relativity, developers of the e-discovery platform of the same name. Within the partnership, Actiance will build an application on top of Relativity to help legal professionals export ESI from more than 90 communication channels from Alcatraz, Actiance's cloud-based content store, directly into the Relativity platform, while retaining unique and channel-specific metadata. Through this, Alcatraz is now part of the Relativity App Hub, which includes applications and integrations built by Relativity developer partners that extend the platform's functionality.
Axiom
Alternative legal services provider Axiom announced its Contracts Intelligence Platform, a solution for corporate transaction teams that aims to speed the contract review process, reveal potential deal synergies and provide business-critical information. Axiom says the Contracts Intelligence Platform, to be used during buy or sell-side due diligence or during post-merger integration, provides two key functions: First, automating contract review, using artificial intelligence to collect and identify relevant clauses, and second, providing users with a radically transparent view of the contract data through presenting insights through a fully configurable business intelligence dashboard housed on a secure web portal.
ayfie
Text analytics company ayfie is partnering its platform ayfie Inspector with LightSpeed, a provider of legal technology services, to deliver ayfie Inspector data explorer for rapid data assessment. ayfie Inspector will be integrated with ShareDiscovery—LightSpeed's automation solution—to create a seamless interface into e-discovery tools such as Ipro Eclipse and Relativity. The new workflows look to go beyond basic e-discovery functionality to include forensics and personal identifiable information (PII) and protected health information (PHI) use cases.
BIA
National e-discovery service provider Business Intelligence Associates (BIA) has announced its new BIA Client Portal, which provides clients with real-time insight into every aspect of e-discovery matters. The Portal's main landing page contains information pulled in from the various platforms and processes used throughout the lifecycle of an e-discovery matter, including budgets, legal holds, custodians, data sizes, metrics, productions, and support tickets. Plus, clients will be able to click on areas of the Portal's primary dashboard to both dive into further details and access related platforms.
Case.one
Just over a year old, practice management solutions company Case.one released a host of new solutions and upgrades at this year's Legalweek. Two of them are build-on applications in its .one Suite. File.one provides a single search tool to instantly locate documents stored in multiple systems and locations. Capable of searching more than 120 different file formats, the application searches both on-premises servers and cloud storage simultaneously, then returns results based on user criteria, including file types, events and more. Doc.one, meanwhile, is a stand-alone document assembly engine that can easily be integrated into a wide variety of applications, including practice management software. The application looks to convert documents for assembly, working with both Word and PDF documents. Finally, the company announced integration with Amazon's Alexa voice system to allow legal professionals to make convenient entries and call up relevant information within Case.one's practice management application via voice command.
CloudNine
Discovery automation company CloudNine has announced the release of Targeted Preservation and Collection from CloudNine, an integrated and automated data discovery feature of the CloudNine e-discovery Platform. The cloud-based product looks to simplify and automate data preservation and collection for corporate legal and IT professionals through an eight-step, wizard-driven selection process aimed at ease of discovery use. It is available immediately at no incremental cost as part of the CloudNine eDiscovery Platform.
DISCO
CS Disco, the legal technology company that makes the cloud e-discovery solution DISCO, announced a $20M equity financing round. Bessemer Venture Partners led the round, with participation from LiveOak Venture Partners and The Stephens Group. All three were existing DISCO investors. This brings the total investment in DISCO to more than $50M. With the round, DISCO plans to more than double its engineering and product team to continue investing in the e-discovery solution DISCO Review while also beginning to expand the DISCO platform beyond e-discovery. DISCO plans to scale up its U.S. go-to-market teams selling to litigation boutiques, the AmLaw 200, and corporate legal departments and launch global operations in Asia Pacific, Europe, and Latin America.
DiscoverReady
Information intelligence solution provider DiscoverReady announced during the show the expansion of its global footprint with the goal of multinational corporations and law firms better meet growing regulatory obligations in data privacy, information governance and legal discovery. DiscoverReady established a new data center in Paris in December 2017 to deliver local and cross-border e-discovery services. The center offers data processing, data hosting in Relativity, document review capabilities, and data production services. The expansion effort also includes global delivery of DiscoverReady Data Liaison Services, designed to help organizations reduce the risk and cost of protecting, managing, and discovering their information assets.
FTI Consulting
FTI Consulting announced the company has launched readiness services to help companies prepare for the General Data Protection Regulation (GDPR), which goes into effect in May 2018. These include GDPR Assessments, GDPR Technology and Program Implementation, Data Map Development, Sensitive Data Remediation, Data Subject Rights, and Privacy Impact Assessment and Privacy by Design. FTI also announced its Technology segment has teamed with Hogan Lovells to launch a combined offering for contract intelligence and other data governance solutions. Through the arrangement, FTI Technology and Hogan Lovells will collaborate to provide technical and legal expertise for the collection, review and analysis of contracts and additional critical data for both firms' clients.
iManage
iManage has announced the integration of 2017 acquisition RAVN into its system with two new tools. iManage Extract 3 provides an enhanced version of its artificial intelligence (AI) data extraction application, using RAVN AI technology to automatically read, interpret and extract key information from large sets of documents and other unstructured data with the goal of helping organizations automate manual tasks, improve accuracy and reduce costs. Enterprise search and knowledge management tool iManage Insight 10, meanwhile, uses RAVN AI technology to build knowledge applications to solve high ROI problems. The tool can enable universal search to identify relevant content regardless of location, while Insight Knowledge Graph within the tool surfaces connections between people, expertise and knowledge to identify hidden experts, related projects and relevant clients.
Logikcull
Logikcull, the cloud-based discovery platform, announced that raised an additional $25 million in a round led by New Enterprise Associates (NEA), with participation from existing investors OpenView Venture Partners and Storm Ventures. Legaltech News reported on this story in full last week.
LTC4
LTC4 (Legal Technology Core Competencies Certification Coalition) announced a new strategic partnership with KoWorks LLC, developer of technical eCompetence workflow-based assessments. LTC4 members who successfully complete the KoWorks eCompetence Standards Essentials course will receive LTC4 eDiscovery certification at the “Competent” level, which qualifies them to supervise eDiscovery projects executed by experienced professionals. Both the LTC4 ECC Learning Plan and the KoWorks eCompetence Standards essentials both look to provide a practical, workflow-based scenario approach to assess knowledge of e-discovery steps, including identification, preservation, collection, processing, review, analysis and production.
Mitratech
A new year brings new connections, as Mitratech has integrated a new analytics tool in TeamConnect Business Intelligence, as well as introduced next-generation Microsoft Office integration into its enterprise legal management platform, TeamConnect. This follows October's announcement of DMS Connector, billed as a seamless, out-of-the-box integration between two important platforms for corporate counsel: enterprise legal management and document management.
NetDocuments
Cloud document management company NetDocuments has announced the creation of an AI Marketplace and its inaugural participant, machine learning innovator Kira Systems. NetDocuments' AI Marketplace allows software and technology providers to deliver embedded machine learning functionality for an improved understanding of matter, contract, and transactional content across NetDocuments' customer community. Kira Systems' technology integration will enable content understanding through entity and clause extraction and analysis of documents in a NetDocuments workspace. The company also announced the addition of ndMail, allowing for the management of an client electronic matter file exclusively in the NetDocuments cloud. The tool relies on machine learning insights to immediately suggest filing recommendations, and can also map Outlook folders to NetDocuments filing locations.
NexLP
Following a funding round in late 2017, NexLP is rapidly building its natural language processing (NLP) capabilities. The big news from the show involves advancement to the company's predictive coding COSMIC system, which features deep learning neural network technology. Combining with the NLP technology, COSMIC adapts to data and looks to tell end-users what features in the data specifically are improving predictions. The company says the system can handle millions of documents far efficiently than older text analytics methodologies, and will also allow for image predictive coding for items like patents, schematics and other image types traditionally excluded from predictive coding workflows.
Nuance
Nuance Communications announced the release of Nuance Edge for Copitrak, an external terminal that pairs with Nuance's law firm document capture software with Copitrak's workflow and cost recovery software to improve user experience, productivity and document security. The company says that combining the Nuance Edge, which is adaptive to most multi-functional devices, with Copitrak will allow law firms to eliminate inconsistent user interfaces, inefficient scanning workflows and compliance risks.
TheFormTool
TheFormTool, a provider of document assembly and automation software for law firms and other information industries, announced its entry into data collection and decision making with its Aurora Sunrise system. Aurora Sunrise is the company's basic offering that looks to allow firms to securely solicit, accept, store and immediately act on data collected remotely over the web. The tool is aimed at smaller firms to assist with creating documents or making decisions on intake forms; interrogatories; RFPs; estate, health or benefit plan information; risk filters; complex construction requirements and more.
TitanFile
TitanFile, a file sharing and correspondence platform for legal professionals and other businesses, announced two major update features: the ability to upload entire folder structures containing hundreds of thousands of files, and flexible and automated support for file retention policies. TitanFile's new Folder Upload feature allows attorneys and their support staff to drag and drop a folder preserving its directory structure, which this enables users to upload hundreds of thousands of documents at higher speeds to support litigation or e-discovery without worrying about storage limits. TitanFile's File Retention, meanwhile, allows IT staff to apply automated file retention time limits on the availability of shared confidential files freeing attorneys and litigation staff to maintain an ongoing conversation with their clients.
Wolters Kluwer ELM Solutions
Wolters Kluwer ELM Solutions today announced it has added comprehensive spend management capabilities to its Passport Office Companion solution. ELM Solutions introduced Office Companion with matter management to legal and insurance claims professionals in 2017 to help enhance their user experience within the Microsoft Office suite. Passport Office Companion's new spend management capabilities include invoice review, adjustment, approval, and rejection as well as the ability to drill down into details of an invoice at the line item. In addition, other key features, including invoice summary information and adjustment history, are included to provide visibility and management of invoices.
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