The eDiscovery software and services market has developed in ways which few of us predicted. Three broad lines were, however, discernible a while back – that consolidation would reduce the number of players in the market, that the market would grow, and that the fastest growth would be outside the US.
It was always predicted that Relativity would continue to grow, and that part of that growth would come from partnerships with other established players. The most interesting of those relationships is the one with FTI Consulting, a partnership which has taken FTI to new and different heights as it combines its global technology consulting strength with Relativity’s software.
In quick succession, FTI Consulting set up its new partnership with Relativity and sold its long-established eDiscovery platform Ringtail to Nuix (where it is now called Nuix Discover). FTI then brought its very long eDiscovery history to the expanded market offered by its Relativity skills.
Ringtail began as an Australian company (as did Nuix) and it is perhaps not surprising to find that FTI Consulting’s latest venture involves the expansion of its hosted eDiscovery solution and managed review services in Australia. This follows FTI’s expansion in North America, South America, Europe and Asia.
Australia is seeing an increase in investigation and litigation activity. This is driven in part by increased activity on the part of the Australian Securities and Investments Commission, and partly by increased volumes of cross-border discovery. FTI has been a major player in Australian discovery for many years, and this latest development builds on that.