Over the past year, the company saw 67% compound annual run rate growth (CAGR) over the prior three years, and a 140% increase in U.K. revenue year-over-year.
Everlaw’s three-year case count CAGR was 99%, it says.
“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,” Everlaw CEO AJ Shankar said in a company statement.
“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 said that its customers include 76 of the Am Law 100, and that it signed new contracts over the past year with Am Law 200 firms such as Jones Day, Reed Smith and Wilson Sonsini Goodrich & Rosati.
It has also added new enterprise accounts, including with Lime, Snowflake and Vail Resorts.
Everlaw released this news ahead of today’s kick-off of its first industry conference.
Illuminate 2021 is a free, two-day virtual summit on industry trends and insights. It will feature more than 20 legal industry leaders as speakers, covering trends in legal technology and e-discovery.
Today’s keynote speaker is Minnesota Attorney General Keith Ellison, lead prosecutor in the Derek Chauvin murder trial. He speaks at noon Eastern time.
[Disclosure: Everlaw is a paid advertiser on this blog.]