Each year, the Innovation Awards celebrate organizations that build on the Relativity platform in creative ways, solving difficult or unique challenges within and outside of e-discovery via custom solutions and applications. During this year’s awards ceremony at Relativity Fest 2016, two winners—one from our partner community, and one enterprise—were recognized for their success.
Reed Smith took home the prize in the Best Law Firm or Corporate Solution category, with an application that helped a large financial client with an M&A due diligence challenge. The client needed to identify all of their contracts that would require third-party consent during the sale of several business units. Built to help the team prioritize which units to sell first, the innovation—called Consent Tracker—draws on analytics workflows and dynamic objects. In its first case, it helped them perform an analysis that would otherwise have taken six months in just one—and save their client more than three million dollars.
Watch Bryon Bratcher, director of practice support at Reed Smith, tell the Relativity Fest audience more about Consent Tracker and what it’s done for his firm’s business.