Wednesday, October 27, 2010

Wave Software Acquires E.L. Native Review from Electronic Legal Software, LLC

ORLANDO, FL and DENVER, CO (October 25, 2010) - Orlando-based Wave Software, a leading provider of early case assessment, legal hold, litigation support and electronic data discovery technology for global corporations, today announced that it has acquired E.L. Native Review from Electronic Legal Software, LLC. E.L. Native Review for LexisNexis Concordance® streamlines the native document review process by displaying a document without the need to have the native application installed (e.g., Microsoft Office®). E.L. Native Review is currently integrated into Wave Software’s Trident Pro and the acquisition allows Wave Software to control more aspects of discovery technology from data creation to production and storage. Financial details of the acquisition were not disclosed.

Trident Pro’s culling and de-duplication module, along with its native file viewer, gives legal teams a clear picture of the type and volume of data that exists in a discovery collection. At this stage of pre-processing, only potentially relevant data is automatically bridged from Trident Pro to common review platforms such as Concordance, where reviewers can then mark documents as privileged or responsive. Concordance is a sophisticated case management software program designed to bring greater efficiency to case preparation by creating one consolidated database for searching, reviewing and annotating documents.

Trident Pro and E.L. Native Review combined extends the capabilities and functionality of Concordance and other common document review platforms. Trident Pro culls, de-duplicates and identifies near-duplicate discovery data in an easy three-step process. It has reduced data collections by about 25 percent, thus reducing the overall amount of time and money spent by clients for processing and attorney review.

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