DENVER, CO -- (Marketwired) -- 04/30/13 -- Falcon Discovery, a legal services provider specializing in managing e-discovery in-house, today announced that a Fortune 200 company has renewed a five-year managed services contract with Falcon to continue implementing Falcon's InsideOut services solution. In particular, Falcon will manage the client's entire in-house discovery operation and deliver unbundled legal support services across matters. This new five-year managed services contract renews an existing five-year contract between Falcon and the company.
As part of the new agreement, Falcon's team of legal technologists and discovery attorneys will serve as an extension of the corporate legal department both on-site and near-site to the client's facilities. Falcon's technology team will manage all aspects of the client's in-house discovery technology, which includes the client's multi-terabyte Clearwell license and kCura's Relativity platform. Falcon is one of only a few Certified Symantec Managed Service Providers in the world, and its team holds multiple certifications related to kCura's Relativity platform. Falcon's technology team currently manages tens of terabytes of case data for this client alone.
In addition, Falcon's team of discovery attorneys and project managers will work at the direction of in-house and outside counsel to perform the day-to-day discovery tasks required across all types of legal matters. As part of these unbundled legal services, Falcon's attorney and technology teams will continue to assist counsel in completing the following types of tasks:
•Discovery planning & project management •Preservation & collection interviews •Search & early case analysis •Processing & hosting •Technology assisted review & production management •Pre-trial support
"This renewed five-year agreement is rare in the industry and stands as a testament to the substantial value that we deliver day-in and day-out, fueled by the dedication, skill, knowledge and collaborative nature of our team," said Falcon's founder and CEO, Don McLaughlin. "I am also thrilled to see increasing adoption of our InsideOut services solution, as more companies look at better ways to both reduce legal costs and improve how discovery is managed."
Falcon's InsideOut solution gives companies immediate control over e-discovery, without additional head count or incurring a large capital expenditure. With InsideOut, Falcon serves as an extension of the legal department by delivering integrated in-house enterprise e-discovery technology, rigorous, proven processes, and specialized legal and technology teams to manage both cases and technology across the entire litigation life cycle.
Over the past five years, Falcon's team has managed the technology and delivered legal support services for a wide variety of legal matters including:
•High-stakes internal investigations •All types of employment matters •Complex commercial and IP litigation •Multi-district securities class actions and high-profile government investigations •M&A reviews and HSR filings for multi-billion dollar transactions
Once in place, the InsideOut service team can often respond to internal investigations or urgent discovery requests in a matter of hours -- not days or weeks. Both in-house and outside counsel understand cases far more quickly, and Falcon's repeatable in-house processes, legal acumen and expertise using advanced technology make every step more efficient and cost-effective.
"The cost savings InsideOut delivers across multiple matters contributes directly to the bottom line of the legal department budget," said Cody Greenwaldt, Managing Director of Legal Operations, "even when compared to companies that are already using preferred outsourcing providers for e-discovery technology or managed review services." For example, Falcon's InsideOut solution yields cost savings of up to 85% below the industry average for discovery review and production costs when compared to the discovery costs summarized by the RAND Corporation's Institute for Civil Justice in a 2012 report, "Where the Money Goes: Understanding Litigant Expenditures for Producing Electronic Discovery."
About Falcon Discovery
Falcon Discovery is transforming the way corporate legal departments and law firms manage discovery and compliance in the digital age. InsideOut, Falcon's visionary legal and technology managed services program helps corporations unbundle legal services to gain transparency, reduce costs, and take control of the discovery process in-house. Falcon's lawyers, process managers and technologists become an extension of the in-house legal team and create a unique framework that aligns people, processes and technology to optimize the discovery process across matters. Visit www.falcondiscovery.com for more information.
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