Wednesday, June 01, 2011

Cataphora Legal Joins Ernst & Young

New York, 31 May 2011 – As companies look to streamline their legal review processes and reduce costs associated with e-discovery, Ernst & Young LLP’s Fraud Investigation & Dispute Services (FIDS) practice has combined with Cataphora Legal, a division of Cataphora, Inc., a leader in the management of digital communications. The combination enables Ernst & Young to further enhance its ability to serve and extend additional value to its clients, while allowing the seller, Cataphora, Inc., to focus on selling large-scale data analysis software to the Fortune 1000. The deal closed May 27, 2011, and terms were not disclosed.

Cataphora Legal’s senior leadership team, including Jonathan Nystrom, Executive Vice President, and Richard Oehrle, Chief Linguist, will be joining Ernst & Young LLP and will remain in similar roles. An additional 17 members of the Cataphora Legal team of industry experts, based in Redwood City, CA; Chicago; Washington, DC; New York City and Mumbai, will join the Ernst & Young organization.

“Cataphora Legal has created a one-of-a-kind, innovative model that truly represents the future of discovery and legal technology globally,” said Brian Loughman, Americas FIDS Leader, Ernst & Young LLP. “This addition is part of Ernst & Young’s growth strategy to continually enhance our fraud analytics offering and broaden our relationships with General Counsels and law firms. It also enables us to expand our client base and win new competitive engagements through a highly differentiated offering.”

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