Blackstone Discovery Optimistic on Future of eDiscovery, Posts Record Growth Despite Economic Downturn

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eDiscovery industry leader cites safety innovations Secure Remote Source Code Review, Remote Collections of all data sources, and AI-driven Data Breach Document Review as key factor in success.

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Keeping people and data safe through times of change has become a guiding principal for Blackstone through these uncertain times. It is our prime directive.

Silicon Valley-based legal technology and litigation-support provider Blackstone Discovery posted record growth in Q4, 2020 and again in early January despite delays in the court systems, record unemployment, increased turnover, and heightened volatility in the market that resulted from the pandemic.

Blackstone executives cite innovation in secure remote work technology, the increase in use of AI, automation in workflows, and deeper integration into service products as the key drivers of growth last year. In 2020, the company introduced Secure Remote Source Code Review, Remote Collections of all data sources, and AI-driven Data Breach Document Review in response to quarantine lockdown protocols, cost and life-saving innovations that continue to be well received by the market.

"Keeping people and data safe through times of change has become a guiding principal for Blackstone through these uncertain times. It is our prime directive,” stated Blackstone CEO John Kelly. "At no other time since the inception of our industry have these factors been so vitally important and intrinsically linked. We viewed it as a social imperative to create low cost solutions that protect data and save lives.”

“In these days of escalating cyber-crime, economic instability, and mounting threats to our public health, it has become paramount to innovate,” added Derek Duarte, President of Blackstone Discovery. “While these safety-driven product innovations have helped to ensure our clients’ safety and the security of their data, our heart goes out to those who have lost friends, colleagues, and family members this past year. We will continue to innovate to help protect data and lives around the world.”

“This is the new normal,” concluded Kelly, “from adversity comes opportunity – to reinvent the model and improve the customer experience in response to rising safety demands.” This is the same kind of innovation that has driven the explosive growth of Silicon Valley tech giants–and it looks as though these game-changers are here to stay.

About Blackstone Discovery
Blackstone Discovery is the dedicated legal technology and consulting provider to leading Fortune 500 companies and AM Law 100 firms. Born in Silicon Valley and expanding globally from its Santa Clara headquarters, Blackstone has spearheaded the quest for digital truth and its translation into legal rights in litigation, investigations, and data governance. Integrating best-in-breed technology and automation with artificial intelligence and a diverse team of legal technology experts, Blackstone delivers optimal, efficient, and cost-effective results for its clients.

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Derek Duarte

Todd Young
@BlackStoneInfo
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