SOURCE: Recommind

Recommind

November 18, 2009 08:00 ET

Recommind Helps Enterprises Expedite Early Case Assessment With Insite Legal Hold 2.0

Latest Release Revolutionizes Targeted Collection by Adding Analytics to ECA Efforts, Enabling Enterprises to Assess Risks and Costs Within Minutes

SAN FRANCISCO, CA--(Marketwire - November 18, 2009) - Recommind, the leader in search-powered Information Risk Management (IRM) software, today announced the immediate availability of version 2.0 of its industry-leading Insite Legal Hold™ product. Insite Legal Hold helps enterprises identify, explore, assess, preserve and collect electronically stored information (ESI) to prepare for and comply with litigation, regulatory oversight and investigations of every kind. Insite Legal Hold features Recommind's unique Explore in Place™ technology, which allows enterprises to review ESI where it resides before it is collected and placed on hold. Version 2.0 features SmartTagger™ and SmartFilter™ technologies, which enable enterprises to dynamically assess and analyze ESI along myriad parameters before, during and after collection. This makes Insite Legal Hold the industry's only ECA and collection tool that can determine potential risks and costs before a single piece of content is collected.

Developed specifically to meet today's information risk management requirements, Insite Legal Hold v2.0 expedites the ECA and analysis processes and makes eDiscovery more predictable, manageable and ultimately more defensible. SmartTaggers™ and SmartFilters™ can be created and customized on a case-by-case basis so enterprises can review data according to their own terminology and processes. The ability to instantly tag a document or class of documents allows subject matter experts to assess and analyze documents earlier in the eDiscovery process, reducing possessing costs and mitigating the risk of inadvertent disclosure of privileged documents. With these new features, Insite Legal Hold 2.0 gives enterprises granular control over the amount of data processed, culled and reviewed, adding a new level of analysis to early case assessment (ECA), greatly reducing eDiscovery costs and enabling more strategic, precise and defensible collection processes.

"The rising costs and complexities associated with eDiscovery have made a reliable, automated legal hold solution capable of granular and targeted collection a mission-critical component of an effective information risk management program," said Nick Patience, Managing Analyst and Research Director, Information Management, the 451 Group. "Targeted collection is poised to become the next big trend in enterprise data management for eDiscovery. Recommind's Insite Legal Hold product can help enterprises reduce information risk and cut costs because it addresses multiple stages of eDiscovery -- including identification, preservation, collection and processing -- from a single interface."

Additional features of Insite Legal Hold 2.0 include:

--  Matter-specific user interface provides more intuitive and
    comprehensive management of multiple holds across the enterprise
--  Advanced reporting (e.g. enhanced chain of custody and search
    analysis) increases the defensibility of the overall legal hold process
--  Enhanced security and reporting reduces the risk of human error,
    inadvertent exposure and lessens overall system management and
    administration
--  Enhanced connectors and agents simplify and expedite the process of
    connecting to an increased number of different data sources, including the
    ability to connect to user-mapped network drives without special
    configuration
--  Enhanced case and enterprise legal hold portfolio management provides
    a comprehensive view across multiple holds and matters, resulting in more
    effective risk mitigation, enabling enterprises to institute a defensible
    and documented eDiscovery process while reducing overall spend
--  The ability to search and report across individual or system-wide
    fields such as matter name, matter number, legal hold name, type of matter,
    and project team enables risk assessments and legal exposure reviews to be
    conducted in real-time
    

When Insite Legal Hold is used in conjunction with Recommind's award-winning Axcelerate eDiscovery® software -- a conceptual search, Predictive Coding™ and deep analysis product that dramatically improves litigation review -- enterprises can prepare themselves for any type of investigation or legal action. With more and more enterprises looking to bring eDiscovery efforts in-house in order to reduce costs, mitigate risks and gain more control over the overall process, the combination of Insite Legal Hold and Axcelerate eDiscovery offers a far more compelling and cost-effective approach than third-party vendors.

"With the costs and information risks associated with eDiscovery rising exponentially every quarter, ECA has become mission-critical for enterprises. The problem is that every other legal hold solution requires that data be identified, preserved, processed and culled before it can be assessed. That's not Early Case Assessment, that's Expensive Case Assessment," said Robert Tennant, CEO, Recommind. "With Insite Legal Hold 2.0, we've extended the framework of the industry's only pre-collection ECA tool, providing enterprise customers with a powerful tool to meet all of their ECA, preservation, collection, processing, culling, review and analysis needs."

About Recommind Inc.

Recommind's search-powered Information Risk Management (IRM) platform automatically accesses, organizes, collects and analyzes large volumes of information from myriad sources to address an enterprise's critical eDiscovery, compliance, email categorization and knowledge management needs. With faster, more accurate access to and greater control over information, organizations can lower risk, improve productivity, increase the value of information assets, and improve competitiveness and profits. Recommind customers include Bertelsmann, BMW, DLA Piper, Eversheds, Novartis, Shearman & Sterling, and Verizon. Recommind is headquartered in San Francisco and has offices in New York, Atlanta, Boston, Chicago, Houston, Washington DC, London, and Bonn, Germany. For more information, email info@recommind.com, or go to www.recommind.com.

Contact Information

  • Contact:
    Chris Ulbrich
    LEWIS PR for Recommind
    415 992 4400
    Email Contact