Recommind, a leading provider of enterprise search, automatic categorization and eDiscovery systems for law firms and enterprises, and iCONECT Development, LLC, a world leader in litigation support and collaboration software, jointly announced a strategic alliance that will combine Recommind’s Axcelerate™ eDiscovery application with iCONECT’s nXT and eXT Web-based review platforms to create a powerful new litigation review and analysis solution. With the integration of these two leading products, customers will immediately benefit from the extensive use of automatically generated insight into a document collection, including each document’s responsiveness, priority, privileged nature and relationship to issues and subject codes, thereby greatly enhancing attorney efficiency and significantly reducing review timelines and costs.
iCONECT will utilize the rich data about people, documents, concepts and phrases that is automatically generated by Axcelerate eDiscovery throughout the nXT EDD platform, greatly extending the utility of this data throughout the review process. Among other benefits, Axcelerate eDiscovery provides unique, language-agnostic tools like conceptual search, First Pass Review™ and One Click Coding™ functionality to greatly expedite document review, thereby lowering eDiscovery costs while simultaneously improving reviewer accuracy.
“With the vast amount of data being processed, document databases will continue to increase in size. Firms need products that will allow their teams to review, analyze, code and manage terabytes of data, not just gigabytes. Having the capability to grow with their needs will be crucial,” said Ian Campbell, Chief Operating Officer of iCONECT Development, LLC. “This integration provides a robust and scalable end-to-end solution for eDiscovery review.”
“This alliance, the joining of two legal industry leaders with a wealth of experience and expertise, represents a significant step forward in helping organizations leverage the latest advancements in eDiscovery technologies to increase productivity and efficiency throughout the litigation review process,” said Craig Carpenter, Vice President of Marketing and Business Development at Recommind. “Documentary review under the revised FRCP has become more challenging and expensive for enterprises – with the average Fortune 500 enterprise faced with over 150 lawsuits in a given year. This stark reality has created a tremendous need for powerful, cross-platform solutions that expedite and improve the litigation lifecycle. In combining Axcelerate eDiscovery’s innovative technology with nXT’s broad, user-friendly capabilities, our collective partners and customers will enjoy a fully integrated, best of breed solution.”
By incorporating Axcelerate eDiscovery’s unique feature set, iCONECT users can gain deep insight into a document collection before the review process even starts. The product’s First Pass Review and One Click Coding technology automatically organizes and codes documents for privilege, priority, responsiveness and relationship to issues and subject codes from the review’s outset, allowing the review process to be implemented far more effectively and saving significant amounts of reviewer time while simultaneously improving their accuracy. In addition, Axcelerate eDiscovery offers law firms and enterprises more accurate and extensive document culling and filtering of virtually all document types, including both structured and unstructured data. For example, the solution automatically filters duplicates and near-duplicates between and across custodians and parties, and offers contextual email thread analysis, dramatically reducing the number of documents to be reviewed.
About iCONECT Development, LLC
Privately held iCONECT Development, LLC is a world leader in litigation support and collaboration software, with products used by law firms, corporate legal departments, Fortune 500 corporations, government agencies, and medical firms. Powered by Oracle technology, iCONECT’s LAN, Web, and Offline solutions enable more than 50,000 end users to review and manage electronic and document discovery from anywhere in the world for effective collaboration with outside counsel, branch offices, and consultants.
Awards include: Honorable Mention Winner (Oracle 2007 North America Titan Awards), #1 Online Document Repository (AmLaw Tech Survey), #1 Litigation Support Software (Law Technology News Awards), and #1 Web-Based Litigation Software (AmLaw Tech Survey). Finalist for the 2007 Legal Technology News Awards in the Litigation Support Software category.
About Recommind
Recommind’s enterprise search and categorization platform automatically organizes, manages, and distributes large volumes of information from multiple sources. With faster access to the right information, organizations can save time, enhance the quality of work product, increase the value of information assets, and improve competitiveness and profits. Recommind customers include the Australian Government, Bertelsmann, BMW, Cleary Gottlieb, Davies Arnold Cooper, Novartis, Lewis Silkin, Shearman & Sterling. Recommind is headquartered in San Francisco and has offices in New York, Chicago, Boston, Atlanta, London, and Bonn, Germany.