SALT LAKE CITY--(BUSINESS WIRE)--Orange Legal Technologies, a leading provider of electronic discovery litigation, audit, and investigation services for law firms and corporations, today announced 80% year-over-year electronic discovery service revenue growth. This continued revenue growth, coupled with company profitability, follows ten consecutive quarters of growth driven by its advanced e-discovery platform, new clients, and a growing renewal business for the OneO® Electronic Discovery Platform.
“Today’s legal professional faces a growing number of challenges and choices in the consideration and conduct of electronic discovery,” stated Bret Laughlin, CEO and President of Orange Legal Technologies. “Based on the time, money, and risk involved in each matter, these professionals increasingly are demanding electronic discovery offerings that provide advanced capabilities and are delivered by organizations with a track record of proven support, growth, and success. In 2010, we were able to deliver on these client expectations and substantially grow our business. In 2011, we look to build on this success by focusing on delivering client-relevant advanced technology features for our OneO® Discovery Platform, and supporting clients directly with an expanding portfolio of professional services to include forensics and collections, project management, and trial presentation support.”
“The OneO® Discovery Platform significantly contributed to our ability to conduct complex discovery in support of large and document intensive cases in 2010,” stated Brent R. Baker of the Securities Litigation Group at Parsons Behle & Latimer. “One example of this contribution was Orange Legal Technologies’ support of Parsons Behle & Latimer and other defense counsel in achieving equal footing with the government in the review and management of over 2.0 TB of data in one of the largest SEC cases ever filed (U.S. v. Robert Allen Stanford, et al.).”
During 2010, Orange Legal Technologies also continued to experience sustained quarterly revenue growth based on a combination of new client projects and current client renewal opportunities. This business success, highlighted by a growing number of Fortune 500 and Governmental clients in addition to strong and recurring AMLAW 200 relationships, culminated in the company’s tenth consecutive quarter of electronic discovery growth in the fourth quarter of 2010.
The OneO® Discovery Platform
The OneO® Discovery Platform provides an integrated, web-accessible, forensically-sound electronic discovery platform that enables online analytics, processing, and review of data from the security of a hosted centralized repository. Key attributes of this advanced e-discovery platform include:
- Complete eDiscovery: Analytics (Early Data Assessment), Processing, and Review from a single platform reduce the need for additional eDiscovery platforms and providers.
- Fully Integrated: Integration of eDiscovery tasks at the application level reduces spoliation risk and provides for defensible processes.
- Delivered Online: Software-as-a-Service (SaaS) enabled online accessibility reduces the need for additional client-side resources or infrastructure investments.
For additional information on Orange Legal Technologies, please visit our website at: http://www.orangelt.com.
About Orange Legal Technologies
OrangeLT™ is a leading provider of electronic discovery litigation, audit, and investigation services for law firms and corporations. OrangeLT™ offers a complete suite of electronic discovery services to include collection, analysis, processing, review and production of digital and paper-based information. OrangeLT™ is enabled by the OneO® Discovery Platform – an integrated, web-accessible electronic discovery platform that provides online analysis, processing, and review of unstructured data from the security of a hosted centralized repository.