H.I.G. Growth Partners News
CATHY KENTON, Legal Vertical Strategies
SHARON GIRAUD, Commonwealth Legal
Commonwealth Legal Joins Nexidia's Partner Program to Provide Audio Discovery Services in Canada
Strategic Partnership Offers Cost-Effective Audio and Video Review
TORONTO, ON, CANDA AND ATLANTA, GA, USA - June 15, 2010 - Commonwealth Legal, the leading Canadian-based electronic discovery solutions provider, and Nexidia, the market-leading provider of audio and video search analytics, today announced a strategic partnership designed to help clients more efficiently review and analyze electronic audio files as part of discovery and regulatory compliance matters.
Traditionally, audio content has been reviewed either through human listening or through transcription. Both methods are expensive and subject to error and oversight. Nexidia’s highly accurate indexing technology reduces the cost of reviewing audio and video content by as much as 80 percent, and is the only technology capable of making hundreds or thousands of hours of content available for review in just a few days, as opposed to several weeks or months.
“Today’s complex business environments increasingly involve audio and even video content. Partnering with Nexidia provides an easier-to-use, quicker, and much less expensive option,” said Sharon Giraud, Director of Business Development and Strategic Alliances at Commonwealth Legal. “We are delighted to be the first company in Canada to offer Nexidia’s Audio Discovery capabilities to our clients so that they can search, review, and produce audio and video content in the same manner as other forms of electronic documents.”
“We have seen an increase in demand for audio discovery, especially for regulatory and litigation matters in the world-wide financial services sector,” said Jeff Schlueter, VP - Legal Market for Nexidia. "Working with Commonwealth is a natural fit given their strong position in Canada, and our support for thirty-five languages-including both Canadian & European French, as well as North American & UK English-gives their clients the ability to handle nearly any type of international project.”
Nexidia is the audio and video search company with patented technologies and breakthrough applications that enable legal professionals to quickly and accurately search, review, and categorize large volumes of audio and video in response to discovery, regulatory, or compliance investigations. For more information, please visit www.nexidia.com/legal.
About Commonwealth Legal
Commonwealth Legal has built a strong reputation for its level of quality control, its client service orientation and level of expertise and professionalism. As the first company to offer secure, online web-hosting solutions to the Canadian legal market beginning in 2000, Commonwealth Legal has been able to develop partnerships with the industry’s leading software providers including FTI Ringtail, Clearwell Systems and now Nexidia. Today, Commonwealth Legal offers the broadest range of customizable, litigation support and electronic discovery solutions in Canada designed to empower every member of the legal team at every stage of the litigation process. In 2008 Commonwealth Legal proudly became the only ISO 9001 certified eDiscovery company in Canada. For more information, visit www.commonwealthlegal.com.