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Munger, Tolles & Olson Retains Clearwell to lower costs
Legal Business |
2009/02/23 09:59
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Clearwell Systems, Inc., a leader in intelligent e-discovery, today announced that Munger, Tolles & Olson, LLP (MTO), a California-based 2008 AMLAW 200 Law Firm, has deployed the Clearwell E-Discovery Platform to help lower e-discovery costs and more rapidly respond to litigation and governmental document requests.
The current financial downturn has spurred a flood of new investigations, surpassing the total number of cases filed from the savings and loan crisis over the last two decades. Affected enterprises and executives face lawsuits and inquiries from investors, financial regulators and the government that require extremely fast responses that drain resources and drive up the cost of e-discovery. Clearwell's rapid processing and analysis of case documents can help clients and law firms respond more cost-effectively to e-discovery requests under extremely tight deadlines. Furthermore, Clearwell's Transparent Search and advanced cull-down features help ensure that only the relevant data is produced and the process is defensible, thus mitigating legal risks.
"Responding successfully to time-sensitive litigation and governmental document requests requires efficient and cost-effective e-discovery processes that maintain accuracy and defensibility, even under tight timelines," said Ron Best, director of legal information systems at MTO. "The Clearwell E-Discovery Platform allows us to more quickly index, search, analyze, and cull-down case data in a product with very robust and transparent tracking and audit capabilities."
"As enterprises navigate through the current financial crisis, many are being hit two-fold with the burden of e-discovery requests from increased litigation and investigations," said Aaref Hilaly, president and CEO at Clearwell Systems. "In order to defensibly respond to these e-discovery requests, enterprises and law firms are seeking products that provide a level of transparency not available with traditional 'black-box' technologies."
About Clearwell Systems
Clearwell Systems is transforming the way enterprises perform electronic discovery in response to litigation, regulatory inquiries, and corporate investigations. By automating the processing, analysis and review of electronically stored information, Clearwell enables enterprises to accelerate early case assessments, lower processing costs, reduce review workload, and gain control of electronic discovery. Clearwell received the highest ranking of 'Strong Positive' in Gartner, Inc.'s, 2008 MarketScope for E-Discovery Software Product Vendors, and was ranked a Top 5 E-Discovery Software Provider Overall in the 2008 Socha-Gelbmann Electronic Discovery Survey. For more information, visit www.clearwellsystems.com or read the E-discovery 2.0 blog at: http://www.clearwellsystems.com/e-discovery-blog/. |
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