California-headquartered cloud eDiscovery and litigation vendor Everlaw today (27 April) announces a banner year of corporate growth: the company achieved compound annual revenue run rate growth (CAGR) of 67% over the past three years, including a 140% increase in UK revenue year-over-year.
“The legal industry is experiencing a period of rapid transformation, and legal teams are starting to recognize the robust potential that cloud-based technology has for collaborative litigation to discover the needle-in-a-haystack pieces of information needed to argue and win cases,” said Everlaw CEO AJ Shankar. “Everlaw’s steady growth and strong customer adoption is a testament to the power of modern ediscovery and Everlaw’s ongoing commitment to uncover the truth and advance justice.”
Everlaw is used by 76 of the Am Law 100, and in the past year signed new contracts with Am Law 200 firms like Jones Day, Reed Smith and Wilson Sonsini Goodrich & Rosati. The company has also expanded its enterprise accounts, solidifying engagements with Lime, Snowflake and Vail Resorts.
“Everlaw has been an integral part of Lime’s growth as we surpassed a landmark milestone of 200 million rides this year,” said Jesse Murray, head of trust and safety at Lime. “Gaining greater autonomy over our data and litigation workflows has completely changed our legal framework and the way our business runs. We’re looking forward to our continued partnership with Everlaw as they scale and carry this momentum into the next chapter.”
Caroline.hill@legalitlexicon.com