Everlaw is a cloud-native, AI-powered ediscovery and investigation platform that enables legal, corporate and government teams to investigate issues more thoroughly, uncover truth more quickly and present findings more clearly. With that mission in mind, Everlaw recently announced a $202M Series D funding round, which brought the company to an overall valuation of over $2B after a year of 80% YoY growth.
Everlaw’s cutting-edge technology streamlines the ediscovery process by automating manual tasks, and delivers a fresh experience through blink-speed search, an intuitive user interface, real-time collaboration, assisted review tooling and robust case-building tools. The platform also combines the speed and scale of the cloud with high security to process up to 900K documents per hour, thus delivering processing speeds 10x faster than legacy systems and 5x faster than competitors. This results in higher efficiency, improved quality of legal work and lower costs.
Following the popularity of the fully integrated Storybuilder offering (a collaborative solution for legal professionals to prepare arguments and build compelling case narratives remotely and securely), Everlaw launched a freemium version, Storybuilder by Everlaw, as well as Everlaw Legal Holds at no extra cost, ensuring potential evidence is preserved through a streamlined deployment process, automated escalations and a defensible audit. In June 2022, Everlaw also released ‘Clustering’, a groundbreaking new feature that uses AI to group documents by conceptual similarity. This technical breakthrough in AI is derived from new sophisticated algorithms that were developed in academia only in the past five years. With Clustering, legal teams can sort through and understand millions of documents for full review or early case assessment, without any human input required. Everlaw Clustering presents findings in an intuitive, visual format that encompasses both a 30,000-foot snapshot and a granular, down-to-the-document view.
Used by law firms, corporations, journalists, activists and more, Everlaw’s customers include Mott MacDonald, Coca Cola European Partners and HomeServe, UK law firms Travers Smith and Shepherd & Wedderburn and global law firms Addleshaw Goddard, Womble Bond Dickinson, Macfarlanes and Orrick.
Find out more about what Everlaw does and request a free demo here.