Applied Discovery Document Processing Levels Double
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Major Increase in E-Discovery Documents Processed Reflects Growth in Case Size and Business BELLEVUE, Wash.--(Business Wire)-- Applied Discovery, a division of LexisNexis and a leading provider of electronic discovery products and services for complex legal matters, announced that it is experiencing a major increase in document processing levels. The company`s processing totals-reflected in terabytes of secure, online documents reviewed for discovery in legal matters in 2008-more than doubled compared to 2007. This upsurge is due in part to increasing litigation and the exponential growth of electronically discoverable documents such as email, blogs and voicemail. During its 10-year history, Applied Discovery has seen the average case size grow dramatically. This has spurred the company to invest in technology to help clients more efficiently manage the e-discovery process. One specific focus has been in advanced data filtering software and analysis to help clients to rapidly and strategically cull through millions of documents to identify the most relevant and important evidence. "These enormous data sets, combined with the growing number of `rocket docket` courts that manage highly accelerated timetables for complex litigation, translate into clients needing scalable, efficient, and fast solutions that maximize reviewer productivity, assure control over scope and budget, and minimize risk exposure," says Jon Resnick, vice president of sales, marketing and field operations for Applied Discovery. Resnick added, "These processing level increases demonstrate that our staff and technology resources are optimized to handle growing case size volumes, and that more corporations and law firms are increasingly turning to Applied Discovery as a trusted partner to manage their most complex discovery matters." An e-discovery pioneer, Applied Discovery has always recognized the importance of investing heavily in both technical operations and expert, highly knowledgeable staff. These investments are paying off today as the e-discovery market continues consolidating as other vendors struggle through growth challenges. A recent National Law Journal article titled, When Vendors Collapse,1 cautioned purchasers of e-discovery services about the risks of aligning with vendors that are ill-equipped to handle rapid increases in e-discovery business. The article stated, "This boom has encouraged and supported the entry into the market of myriad large and smaller participants, many of which are dependent on one or two large customers for 50% or more of revenues…. If just one of a smaller vendor's large customers becomes insolvent or withholds payment for services, the vendor may be destabilized and unable to fulfill commitments to other customers. In the worst case, such a vendor may become bankrupt, leaving an ongoing matter in the hands of the bankruptcy court and potentially facing liquidation." "In the midst of the current economic crisis, many corporations are challenged to conduct discovery in response to investigations, mergers and acquisitions, and other legal actions," stated Michael A. Clark, Managing Director of EDDix LLC. "These types of high-stakes cases are often highly complex, typically open-ended, can involve millions of documents, and can span several years before being resolved. Meanwhile, the litigation support marketplace is rationalizing with several vendors closing their doors over the past year and more to come over the next 18 months. I am advising my corporate and law firm clients to err on the side of quality-stability-safety in selecting e-discovery providers; moreover, I am advising them to review all large current cases to handicap whether the associated providers have the staying power to see those cases to their conclusion; and, if not, it is far easier and less expensive to move those cases/documents now than it will be to try to do so with the overlay of a bankruptcy court, or worse." Applied Discovery operates as part of LexisNexis, which is a member of Reed Elsevier, a world-leading provider of professional information and online workflow solutions that reported revenue of $9.9 billion in 2008. The company`s commitment to quality is one of the primary reasons Applied Discovery ranks in the "Top 5" of electronic discovery providers year after year in leading industry surveys. About Applied Discovery Applied Discovery (www.applieddiscovery.com) is a leading provider of comprehensive electronic discovery services to the legal industry. Its award-winning review platform is used by the nation`s top corporations and law firms for complex e-discovery matters. Applied Discovery is based in Seattle, with East Coast headquarters in New York City and regional offices in Washington, D.C., Chicago, Dallas, Houston, San Francisco, and Los Angeles. Applied Discovery was acquired by LexisNexis in 2003. LexisNexis (www.lexisnexis.com) is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. LexisNexis originally pioneered online information with its Lexis and Nexis services. A member of Reed Elsevier (NYSE:ENL) (NYSE:RUK) (www.reedelsevier.com), LexisNexis serves customers in more than 100 countries with 18,000 employees worldwide. 1When vendors collapse; Wayne C. Matus, Joshua B. Konvisser and John E. Davis / Special to The National Law Journal; March 23, 2009; Copyright 2009. Incisive Media US Properties, LLC. All rights reserved. National Law Journal Online: http://www.nlj.com. Isen and Company, for Applied Discovery Cheryl Isen, Principal, 425-222-0779 e-mail: Cheryl@IsenandCo.com Copyright Business Wire 2009
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