▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Everlaw Launches Legal Holds to Make Litigation and Investigation Work Easier

#AI--CLOC GLOBAL INSTITUTE-- Everlaw today announced new Legal Holds capabilities that control cost and risk by centralizing discovery and legal holds in one place, allowing legal teams to easily stay...

Business Wire

New Preservation in Place, Microsoft Entra ID integration streamlines pre-litigation in-house

LAS VEGAS: #AI--CLOC GLOBAL INSTITUTE-- Everlaw today announced new Legal Holds capabilities that control cost and risk by centralizing discovery and legal holds in one place, allowing legal teams to easily stay on top of legal holds and quickly discover insights within Everlaw’s litigation and investigation software solution.

Large companies in the US alone spent $23B on litigation in 2021 and that keeps rising. The legal obligation to preserve data arises as soon as a party reasonably anticipates litigation, or is put on notice of an investigation or legal action. Larger companies often have thousands of employees on multiple holds at once. Failure to properly preserve business communications can result in fines or sanctions. Yet, manual, error-prone tools are prevalent: 51% of corporations use email and 35% use spreadsheets to manage legal holds (ACC/Everlaw).

Everlaw Legal Holds is part of the Everlaw platform, offered at no extra cost. It allows users to keep legal work, from holds and document review to case strategy, in one highly secure place. Everlaw Legal Holds helps data custodians issuers face challenges of frequent updates to custodian information, departure of active custodians, complex reporting needs, and lack of knowledge about how different departments store their data. It includes a hold notification and custodian response tracking system. Holds are stored, created, and managed in individual databases, intrinsically tying each hold to the rest of the EDRM workflow on Everlaw.

Everlaw has been ranked in the top Easiest To Use Legal Hold Software by G2.

Everlaw Legal Holds includes: dynamic directory, and org administration – management center. Here are the new capabilities announced today:

  • Preservation in place: Everlaw Legal Holds allows legal teams to prevent specific M365 user data or content from being deleted or altered.
  • Microsoft Entra ID integration (formerly Active Directory): Everlaw Legal Holds integrates with Microsoft data preservations, allowing users to place holds on active data via the Microsoft Compliance Center, and Microsoft directory integration. This enables users to automatically update their employee directories on Everlaw by syncing with Microsoft Entra ID.

“While pre-litigation tends to be underappreciated, solid data-retention practices – including legal holds – serve as a first step for successful conflict resolution,” said AJ Shankar, founder and CEO of Everlaw. “Moreover, a secure digital platform to manage the entire lifecycle of litigation and investigation emerges as a must-have for GCs."

“As legal departments shift to an all-in-one approach they can deliver on some of corporate counsel’s top mandates of controlling costs, driving efficiencies and mitigating risk in order to grow the business,” said Ryan O’Leary, research director at IDC. “From legal holds to discovery integrated with the latest Gen AI technology, I’m impressed by how Everlaw helps corporations future-proof their legaltech investment.”

Everlaw will spotlight its Legal Holds capabilities at the 2024 CLOC Global Institute at the ARIA Resort & Casino in Las Vegas, May 6-9 at Booth #115.

To learn more about legal holds, read our blog, “How to Handle Legal Holds and Ediscovery More Strategically In-House.”

About Everlaw

Everlaw helps legal teams navigate the increasingly complex ediscovery landscape to chart a straighter path to the truth. Trusted by Fortune 100 corporate counsel, 91 of the Am Law 200, and all 50 state attorneys general, Everlaw's combination of intuitive experience, advanced technology, and partnership with customers empowers organizations to tackle the most pressing technological challenges—and transform their approach to discovery and litigation in the process. Founded in 2010 and based in Oakland, Calif., Everlaw is funded by top-tier investors, including Andreessen Horowitz, CapitalG, HIG Growth Partners, K9 Ventures, Menlo Ventures, and TPG Growth. Follow us on LinkedIn.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

Sparkle works on environmentally sustainable content distribution

The Italian company partners with MainStreaming for high-performance, energy-efficient video streaming

Libraesva: being specialized is ok again in cybersecurity

Software vendors developing vertical solutions against specific attack vectors are 'cool' again. And when it comes to email security, all companies now…

Fintech: Links tests the use of exponential technologies in the banking…

Links Management and Technology just concluded the testing phase of a research project focused on banking transformation

Axyon AI: Italian Artificial Intelligence for Finance applications

Axyon AI offers an AI platform specifically designed for asset management, with several interesting strengths for those approaching machine/deep learning…

Most read

Transact Campus Rolls Out Mobile Credential Technology at the University…

Transact Campus, (“Transact”) the award winning leader in innovative mobile credential and payment solutions for a connected campus, today announced the…

New Emburse Research Finds Strong Link Between Managing Travel Spend and…

Emburse, whose innovative travel and expense (T&E) solutions power forward-thinking organizations, today launched survey findings revealing an even…

Keysight and University of Malaga’s MobileNet join forces to Accelerate…

$KEYS #5G--Keysight Technologies, Inc. (NYSE: KEYS) announces that the University of Malaga, specifically the MobileNet: Mobile & Aerospace Networks…

Emburse Unveils Next Generation of Travel and Expense Technology at GBTA…

Emburse, whose leading travel and expense solutions power forward-thinking organizations, continues its innovative track record by unveiling its vision…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!