Lighthouse Launches Antitrust Practice Alongside Innovative Technology Offerings
17 April 2024 - 2:02PM
Business Wire
Proprietary AI solutions and customized
workflows are designed to minimize risk and increase efficiency in
complex deals and HSR Second Requests
Lighthouse, a leader in technology-enabled eDiscovery,
compliance, and information governance services, announced today
the launch of its new antitrust practice and related technology
offerings. The Lighthouse Antitrust Practice—composed of attorneys,
technologists, linguists, eDiscovery project managers, and document
review consultants and staff—develops and uses technology that
reshapes the way corporations and their law firms manage antitrust
compliance, including merger clearance, competitor disputes, and
regulatory compliance.
“The foundation of our new practice is the experience we’ve
gained working alongside the world’s leading antitrust lawyers and
law firms on scores of Hart-Scott-Rodino Act (HSR) Second Requests
over the past few years,” said Bill Mariano. “That experience has
driven our development of specialized workflows and technologies,
designed to decrease the chance of an HSR Second Request or
competitor litigation, and minimize risk to the deal or
organization when avoidance is not possible. The Lighthouse tech
stack is perfectly suited to Second Requests, and its power is on
full display during these high-stakes, tight-timeline
investigations.”
Lighthouse antitrust professionals have handled more than 950
antitrust matters, including over 360 Second Requests. Overall,
Lighthouse’s growing share of Second Request projects includes
handling 18% of all those issued by the DOJ and FTC from 2020 to
2022. From 2021 to 2023, Lighthouse hosted 217+ terabytes of Second
Request data.
In what has become a promising application for its new practice,
earlier this year, the company launched Lighthouse AI Privilege
Review, which uses generative and predictive AI to accurately
identify privileged content and create privilege logs. In a
bellwether head-to-head test, Lighthouse’s generative AI wrote more
accurate privilege log descriptions than the contract attorneys who
had written the descriptions for the privilege log when it was a
live matter.
As noted by Christian J. (CJ) Mahoney, Counsel and Global Head
of eDiscovery and Litigation Technology at Cleary Gottlieb, whose
firm conducted the test, “This test of Lighthouse’s Gen AI
privilege log capabilities illustrated that the combination of
powerful AI technology with thoughtful expertise from a law firm
and service provider can yield effective privilege log entries. It
will make the best use of attorney time and truly benefit our
clients.”
The Lighthouse Antitrust Practice was built to fundamentally
transform one of the most important and intense regulatory
situations a company might find itself in. “Antitrust matters and
Second Requests will benefit significantly from AI. Lighthouse
intends to bring value to our clients through the most reliable
antitrust AI solutions on the market. Lighthouse brings the
experience, reliability, and technology expertise to ensure our
clients can benefit from Lighthouse AI immediately in their
antitrust and Second Request matters,” said Ron Markezich, CEO at
Lighthouse.
Learn more about Lighthouse Antitrust at
https://www.lighthouseglobal.com/lighthouse-antitrust.
*https://www.ftc.gov/system/files/ftc_gov/pdf/FY2022HSRReport.pdf
About Lighthouse
Lighthouse is a global leader in eDiscovery and information
governance solutions to manage the increasingly complex landscape
of enterprise data for compliance and legal teams. Since our
inception as a local document copy shop in 1995, Lighthouse has
evolved with the legal technology landscape, anticipating the
trends that shape legal practices, information management, and
complex eDiscovery. Whether reacting to incidents like litigation
or governmental investigations, or designing programs to
proactively minimize the potential for future incidents, Lighthouse
partners with multinational industry leaders, top global law firms,
and the world’s leading software provider as a channel partner. For
more information, visit lighthouseglobal.com.
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Eric Walter Global Communications
communications@lighthouseglobal.com