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|DiscoverReady Launches i-Decision(TM) Process for Automated Document Review at LegalTech New York Conference|
NEW YORK, Feb 01, 2010 (BUSINESS WIRE) -- Five years and hundreds of millions of pages after pioneering fixed-fee document review, DiscoverReady officially launches i-Decision(TM), its new process for automated document review. The launch will occur today at LegalTech New York, the largest legal technology conference in the world.
i-Decision(TM) uniquely leverages the best of human decisions and technology to deliver the most cost-effective, consistent and complete document review in the e-Discovery industry, manual or automated. i-Decision(TM) delivers the critical results that Fortune 500 corporations and their counsel must have from first-pass review.
See i-Decision(TM) in action next week - DiscoverReady is presenting information sessions about i-Decision(TM) each day of LegalTech: Feb. 1st, 2nd and 3rd at 3pm - at the Hilton New York (1335 Avenue of the Americas @ W. 53rd Street), Concourse D, lower level. To register, e-mail Christy Burke at email@example.com.
"i-Decision(TM) is one of the most important new advances in the e-Discovery arena, and will dramatically reduce the cost and improve the consistency of first-pass review," said Jim Wagner, CEO of DiscoverReady. "At LegalTech New York, we will be introducing the process to the media and the legal technology community so they can learn about its benefits and clear advantages over an all-human or all-technology review approach."
In late 2009, Dolan Media (NYSE:DM) acquired a majority stake in DiscoverReady. Founders Jim Wagner and Steve Harber still retain significant ownership stakes and lead the company as CEO and President, respectively. The powerful combination of DiscoverReady's vision and Dolan Media's support is perfectly timed. The booming multi-billion dollar "e-Discovery" category is projected to grow at an annual rate of 30%+ in 2010 and beyond.
"DiscoverReady's proven management team is leading a company with innovative and exciting competitive advantages," said Dolan Media President and CEO James P. Dolan. "DiscoverReady's focus on large corporations, cost effective fixed-fee pricing models and recurring revenue strategies made it a very attractive addition to our Professional Services Division. We look forward to building upon DiscoverReady's already very strong growth with new initiatives such as the i-Decision(TM) platform."
DiscoverReady is a professional services company focused on streamlining the document review process and reducing discovery costs. DiscoverReady provides Fortune 500 legal departments and their law firms with effective Discovery Management solutions delivered by highly skilled professionals. The electronic discovery or "eDiscovery" industry is one of the fastest growing sectors of the consulting services market. DiscoverReady has offices in New York City and Charlotte, NC. Its web site is http://www.DiscoverReady.com.
Dolan Media Company is a leading provider of professional services and business information to the legal, financial and real estate sectors. Its Professional Services Division provides specialized services to the legal profession through its subsidiaries, NDeX, Counsel Press and DiscoverReady. NDeX is a leading provider of mortgage default processing services in the United States. Counsel Press is the nation's largest provider of appellate services to the legal community. The Company's Business Information Division publishes business journals, court and commercial media and other highly focused information products and services, operates web sites, and produces events for targeted professional audiences in each of the 21 geographic markets that it serves across the United States. Its web site ishttp://www.dolanmedia.com.
SOURCE: Dolan Media Company
Burke & Company LLC