Resource Center
Learn about e-discovery and keep up to date with industry news.
Cryptocurrency Trends to Watch 10/21/2019
Today, there are more than 2,200 types of cryptocurrency in the global markets. An estimated 34.6 million digital wallets are in use. Between new client matters and a gripping news cycle relating to cryptocurrency regulations, scams and investigations, our team has identified several key trends impacting the industry.
The General Counsel Report: Corporate Legal Departments in 2020 10/10/2019
FTI Technology and Relativity partnered with Ari Kaplan Advisors to survey chief legal officers about the future of the legal industry and the skills and expertise needed for the next generation of lawyers. The results of these interviews clearly indicate an industry in transition across four key areas: the evolving role of in-house counsel, risk factors and how the modern legal department is addressing them, technology and innovation in law, and advice that general counsel have for their law firms and for future lawyers.
Europe’s highest court, The European Court of Justice ("ECJ") in Luxembourg, ruled on two cases last week involving GDPR’s right to be forgotten as it applies to information available on the internet. In the first ruling, the court held that the privacy rule cannot be applied outside the European Union. In the second, the court said the right to freedom of information must be balanced against the right to privacy and specifically the right to have links related to certain categories of personal data automatically deleted.
Hacking, Extortion and Stolen Coins: Unraveling a Major Cryptocurrency Breach 9/30/2019
When one of the world’s largest cryptocurrency exchanges was breached in May of this year, few in the industry were surprised. Cryptocurrency exchanges have long been appealing targets of malicious actors looking to steal currency and personal information. But this recent breach, which will potentially impact tens of thousands of cryptocurrency investors around the world, is particularly unique. The series of events that has unfolded in its aftermath serves as a stark reminder that the criminals looking to profit from this industry are both sophisticated and highly motivated.
Questions Arise Amid IRS Crackdown on Cryptocurrency Investors 9/23/2019
In July, more than 10,000 cryptocurrency investors received warning from the IRS that they may owe taxes on improperly reported income. Weeks later, another round of letters were sent to some, outlining the amount of taxes owed for cryptocurrency gains and demands for payment. These letters are likely the tip of the iceberg in a long-anticipated IRS crackdown on crypto income—the latest in a series of government activity in this arena.
Merger Clearance Investigations - Increased Rigor and Emphasis on Internal Documents 9/19/2019
Historically, when two companies have proposed a merger or acquisition, European competition authorities evaluated various economic and market analyses to determine whether the transaction would establish too dominant of a position for the companies in any given market. Now, regulators, particularly DG Comp and competition agencies in the UK, Germany and France, are increasingly interested in the review of contemporaneous internal documents.
Managing International E-Discovery with RelativityOne 8/14/2019
At Relativity Fest in London, FTI Consulting’s Wendy King spoke with Chris Dale of the e-disclosure information project about FTI offering Relativity across four continents. As most of our matters span multiple jurisdictions, this means we have a solution for clients that is scalable so they are able to focus on what they need to do without worrying about limits on infrastructure.
In Two Decades, E-Discovery Has Changed and Stayed the Same 8/13/2019
E-discovery is a continually changing practice. For approximately two decades now, it has played a tremendous role in shaping the legal world. As e-discovery’s influence and prevalence has grown over the years, the technologies, economics, processes and expertise around it have in many ways become unrecognizable to what they were in the early 2000s. Still, much about the field has also remained the same.
Solving Client Issues with Relativity Trace 7/9/2019
At Relativity Fest in London, FTI Consulting’s Brian Stuart and Glenn Barden spoke with Chris Dale of the e-disclosure information project about FTI’s use of Relativity Trace on behalf of clients.
Tips and Tricks for Streamlining Complex Cases 6/27/2019
E-discovery matters are more complex than ever before. While the legal industry now has access to powerful tools that can significantly reduce the time invested in manual processes, lawyers are at the same time facing exploding data volumes and an ever-growing spread of data sources and evidence types.
Client Service in Case Management: Q&A with Elizabeth Noble 6/25/2019
Senior Director Elizabeth Noble is an unsung hero. As a case manager for some of our largest and most complex e-discovery matters, she is a strategic driver for the backend work that ensures a case goes smoothly. We sat down with her for a discussion about her role, and the importance of case management in saving time and money in e-discovery.
Q&A: Chris Marks Talks Growth, Global Investigations and Mounting Regulatory Activity in Asia 6/20/2019
Chris Marks recently joined our Hong Kong office as a Senior Managing Director to help lead the Technology practice in Asia. Joining from a Big Four firm, Chris is an experienced e-discovery expert with more than 20 years working in complex cross-border litigation support, computer forensics, legal document review and digital investigations. Chris sat down with us to share his thoughts on his new role and how the Asian regulatory and legal landscape is evolving.
Cryptocurrency Regulation Round Up 6/18/2019
The regulation of digital currency markets in the U.S. and abroad remains foggy. Today, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have been vague regarding how tokens and crypto-based assets map to traditional securities. Clear guidance has not emerged. However, even in the absence of guidance, regulators are bringing forth enforcement actions against companies believed to have engaged in improper cryptocurrency operations.
The State of E-Discovery 2019 6/17/2019
This year’s State of E-Discovery report pulls from the latest economic, case law, and professional e-discovery and legal industries to paint a picture of an industry at an inflection point. With the information contained in it, you can make the strategic decisions you need to ensure you stay ahead of the e-discovery curve.
Alexa, Where’s My Data? 6/13/2019
The digital universe will explode to 40 trillion GB of data by 2020. The total Internet of Things market is forecasted to hit $520 billion in the next two years, and will account for at least 10 percent of the total digital universe. We’re talking 4 trillion GB of IoT data in the foreseeable future. All this data, and the ways in which it is collected, stored and secured is intersecting with the blending of corporate and personal worlds, raising important questions about data privilege, compliance and the future of digital forensics.
Form Follows Function: Negotiating the Second Request Process with Government Regulators 6/10/2019
There may be no process in the entire legal business fraught with more urgency than an HSR Second Request. Legal teams are expected to process, review and produce a large quantity of documents in only a few months. Failure to properly comply can result in significant delays. Because of this, there is an enormous temptation to begin the review the moment a Second Request is announced. This temptation, however, must be resisted until some key "gating factors" are negotiated with the government.
SEC Weighs in on Crypto Project, Offers Limited Guidance 6/9/2019
In early April, the Securities and Exchange Commission issued its first "no-action" letter regarding business use of blockchain-based digital assets. The letter was in response to a proposal from an air charter provider looking to launch a blockchain-based token platform to facilitate sales for air charter services. While the SEC’s response does offer some guidance, it outlines very restrictive conditions for the proposed program and is not particularly actionable for the broader business community.
Cryptocurrency Pyramid Scheme Investigations Continue Worldwide 6/6/2019
In March, news broke of fraud and money laundering charges brought against the leaders of the global, multi-billion-dollar OneCoin cryptocurrency pyramid scheme. The story has continued to develop in months since, with arrests made and new information revealed about the extent of the damages that have followed in its wake.
TMT Boards Threaten 2020 Growth if they Ignore Data Privacy Today 5/31/2019
This year will see real progress in 5G network implementation, an expansion of the connected device marketplace, further adoption of applied AI and the advancement of ad-tech capabilities. These constituent parts will more noticeably converge and begin to firm up the long-term vision of global commerce, in which online platforms will have greater reach into the real world and the consumer’s data will fuel unprecedented insights and outcomes. In parallel with this push into the future, global Technology, Media and Telecom (TMT) corporations will continue to struggle with data privacy regulatory risk.
Cryptocurrency Market Activity Signals Trends to Watch 5/28/2019
On April 2, Bitcoin mysteriously spiked to $5,000, reaching nearly five-month highs in just a 60-minute period. Some experts think this jump may be the beginning of a renewed surge in cryptocurrency value.