News & Events
New York, N.Y., Jan. 28, 2013 — (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its practice is launching Version 8.3 of its award-winning Ringtail e-discovery software. The easy-to-use software now can be accessed and managed in a secure, self-serve private cloud called Ringtail Software as a Service (SaaS). Additionally, Ringtail 8.3 provides improved review workflow and other management tools to support faster and more accurate legal reviews for corporate, law firm and government clients. With the addition of the SaaS offering, Ringtail users have a complete spectrum of options for handling e-discovery matters of all sizes, including a “do it yourself” approach using on-premise or SaaS software, a completely outsourced “do it for me” managed service model, or a hybrid model based on the right combination of software and services to meet the client’s specific requirements.
"Corporate adoption of cloud applications is gaining acceptance, but many legal clients still prefer to keep their legal data behind their own firewalls with on premises products. In addition, there's a vast disparity in the e-discovery capacities of law firms and corporate legal departments," said David Horrigan, analyst for e-discovery and information governance at 451 Research. "We think FTI has made a smart move to address these varying needs with its three-pronged approach in Ringtail 8, giving legal clients the option of traditional Ringtail behind the firewall, Ringtail SaaS—still self-service, but with hosted software -- and Ringtail On Demand, where clients can let FTI and its consultants run the e-discovery operation with full-service processing and hosting."
The Advantages of the Cloud, Built for E-Discovery
Ringtail provides a complete e-discovery solution that combines case management and document review in a single platform. This includes innovative data analytics and visual review tools that dramatically increase the productivity and efficiency of legal review. In total, Ringtail is a powerful e-discovery platform with flexible deployment options and market-leading functionality designed to increase reviewer productivity and reduce the overall costs of e-discovery.
Ringtail SaaS provides users with:
“We’ve worked closely with our clients to build a solution that delivers the promised efficiency and savings of cloud computing, but meets the unique legal requirements of e-discovery,” said Joel Jacob, Principal Product Manager in FTI Technology. “Our optimized Ringtail PODs keep data separate and secure, yet also allow legal teams flexibility to quickly add more computing power when large projects strike.”
Improved Review Workflow Management and Automated Quality Control
Ringtail 8.3 includes a variety of usability and performance improvements and a completely redesigned review workflow module. This module enables users to automate quality control via an easy-to-use dashboard. Review managers can quickly create, manage, and prioritize coding rules, review phases and specialized workflows to enforce a wide variety of coding and review requirements across projects.
Other notable improvements in Ringtail 8.3 include:
In addition to these benefits, FTI Technology clients can combine Ringtail with other offerings from FTI Technology, including managed review, Predictive Discovery, and a secure privilege library, as well as ancillary services that encompass international data collection to expert witness testimony.
FTI Technology will provide Ringtail 8.3 product demos in Booth 2110 at the LegalTech New York 2013 conference. In addition, FTI will host a Wednesday, Jan. 30 panel session at LegalTech New York 2013 on the topic of “E-Discovery and the Cloud – a Checklist for Success,” and a February webcast on the same topic. For more information on these events, Ringtail 8.3 or FTI Technology, please visit .
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations to protect and enhance their enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, highlight and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal 2011. More information is available at .
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