Recommind Search for Lawyers

Recommind has tools that help lawyers review and assess a corpus of electronic information. We were recently updated by the firm. Here's a quick summary:

  • Product offerings:
  • Firm focuses on sales to:
    • Large enterprises, especially those in heavily litigious or regulated environments
    • Professional services and law firms; i.e., high-end knowledge workers
  • Self-funded; some level of profitability; growing nicely
  • Revenues not disclosed; Ferris Research estimates current rate at $15 miilion-20 million per year

Recommind believes its main competitive strengths are:

  • Relevancy of search results
  • Add-on applications
  • Understanding of the business and technical issues faced by lawyers and other professionals
  • Multiple levels of security

... David Ferris

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