You may think that the new technology coming out of the International Legal Technology Association conference at the Las Vegas Aria, on Aug. 22-26, is a walk in the park after LegalTech New York. That may be true if the park is Yellowstone. There is plenty going on at ILTA 2010 in the e-discovery space, as well as other areas of legal technology. Here are a few items to focus on when the doors open.
There seems to be some question on the estimate of the size of the e-discovery market as reported by George Socha and Tom Gelbmann in the 2010 Socha-Gelbmann Electronic Discovery Survey, as observed by Rees Morrison, of Law Department Management, and as rebutted by Gelbmann. By the time Gelbmann and Morrison sort that out, the market will move, most likely in an upward direction.
Craig Carpenter, vice president of marketing at Recommind, has observed record-breaking revenue growth of more than 300 percent in the first half of 2010 vis-a-vis the same period in 2009. Carpenter conceded that some of that growth may be a reflection of the 2009 market, but observed that there are hard drivers for the EDD market, such as complying with regulatory investigations. Carpenter also noted that human-machine interfaces have improved to the point where legal professionals and judges are getting familiar with new technology to trust it, which enables vendors to increase automation and drive down costs.
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Source: law.com
By: Sean Doherty
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