Seattle and Needham, Massachusetts, United States and Oslo, Norway
As law firms seek to reduce costs and increase client service, and as the volume of digital documents needed for e-discovery multiplies at a rapid pace, demand continues to grow for ways to make one of the most costly and time consuming elements of litigation - discovery - more predicable, proficient, accurate and cost effective.
Today, LexisNexis and FAST(TM) announce a significant enhancement to meet each of those needs with the implementation of the highly regarded FAST InStream(R) search technology platform into the Applied Discovery(R) online review application. The integration now enables legal professionals to conduct faster, more precise and efficient review of documents during the discovery phase of any case.
"Timeliness, control and confidence in the ability to find and assess all relevant documents are all vital in the review process of e-discovery," said Scott Nagel, vice president and managing director of the LexisNexis Discovery Services group. "The implementation of FAST InStream technology directly addresses each of these key client needs, greatly enhancing their ability to use Applied Discovery for fast, accurate and meaningful discovery."
Fast Search & Transfer(TM) (FAST(TM)) is the leading developer of search technologies, and is widely regarded as the most powerful search solution available for integration into legal applications. FAST InStream enables information management application providers, such as Applied Discovery, to develop or enhance offerings to classify and make searchable all available content, including both structured and unstructured information. This means attorneys and others using Applied Discovery can now organize their searches, refine queries and retrieve data in the most accessible formats and scales.
For example, according to Nagel, the FAST technology will also allow Applied Discovery to now offer users a "More Like This" function in the application, enabling them to run queries in order to find additional documents within their case that are similar to one they found during an initial search.
"Teaming up with innovative technology companies like LexisNexis is a vital part of our strategy," said Paul Cisternelli, senior vice president and general manager, OEM Business of FAST. "As the demand for the Applied Discovery solution has shown, there is a strong need for embedded search in legal discovery. The LexisNexis Applied Discovery solution, combined with the power of FAST InStream will provide quick, simple and organized retrieval of archived data to law firms and in-house counsel."
Applied Discovery is part of the Discovery Services group within the larger LexisNexis Litigation Services organization. It offers legal professionals at law firms and corporate counsel a portfolio of choices for their varying e-discovery needs. Comprised of market-leading products such as Concordance(TM) for in-house management, Applied Discovery for outsourced projects and - coming this year - Hosted FYI(TM) for a combination of in-house management and outsourced hosting, LexisNexis Discovery Services also includes market leading document retention and litigation preparedness consultants and digital forensics capabilities.
These services are available individually, in combination or via LexisNexis Total Litigator - a single online destination providing litigators a complete and integrated set of tools and services to help them manage cases effectively through each step of the litigation lifecycle.
Through its four divisions or Solutions Lines - Client Development, Research, Practice Management and Litigation Services - LexisNexis offers delivers on its Total Practice Solutions strategy to provide law firms the most complete set of tools and services they need for success in the business and practice of law.
About LexisNexis
LexisNexis(R) (www.lexisnexis.com) is a leading provider of information and services solutions, including its flagship Web-based Lexis(R) and Nexis(R) research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting and academic markets. A member of Reed Elsevier (NYSE: ENL; NYSE: RUK) (www.reedelsevier.com), LexisNexis serves customers in 100 countries with 13,000 employees worldwide.
About FAST
FAST is the leading developer of enterprise search technologies and solutions that are behind the scenes at the world's best known companies with the most demanding search problems. FAST's flexible and scalable enterprise search platform (FAST ESP) elevates the search capabilities of enterprise customers and connects people to the relevant information they seek regardless of medium. This drives revenues and reduces total cost of ownership by effectively leveraging IT infrastructure. FAST's solutions are used by more than 2,600 global customers and partners, including America Online (AOL), Cardinal Health, CareerBuilder.com, Chordiant, CIGNA, CNET, Dell, Factiva, Fidelity Investments, Findexa, IBM, Knight Ridder, LexisNexis, Overture, Rakuten, Reed Elsevier, Reuters, Sensis, Stellent, Tenet Healthcare, Thomas Industrial Networks, T-Online, US Army, Virgilio (Telecom Italia), Vodafone, and Wanadoo.
FAST is headquartered in Norway and is publicly traded under the ticker symbol 'FAST' on the Oslo Stock Exchange. The FAST Group operates globally with presence in Europe, the United States, Asia Pacific, Australia, South America, and the Middle East. For further information about FAST, please visit www.fastsearch.com.
(C) 2007 Fast Search & Transfer ASA - Fast Search & Transfer, FAST, Adaptive Information Warehouse, AIW, AdMomentum, Impulse and Hubway are trademarks of Fast Search & Transfer ASA. The FAST logo, FAST ESP, FAST InStream, FAST InPerspective, FAST ProPublish, FAST Contextual Insight and FAST Unity are registered trademarks of Fast Search & Transfer ASA. All rights reserved.
CONTACT: FAST David Parmet 914-514-8209 david@hubbubpr.com or Europe Carine Zeier +47 23 01 12 00 pr@fastsearch.com or LexisNexis Marc Osborn 425-460-2159 marc.osborn@lexisnexis.com
Source: Business Wire (Business Wire India)