Global News
Opus 2 International, a global litigation services and software development company, today released new growth metrics showing increasing momentum in the US marketplace for its flagship transcript management and case analysis technology, Opus 2 Magnum™.
From March 2016 to March 2017, the company achieved 450% growth in the number of closed Enterprise License deals in the US for Magnum, which provides legal teams with online collaborative workspaces for organizing transcripts, documents and attorney work product as they assess cases, manage evidence and develop strategy in preparation for depositions, negotiations and trial. Most new licensees are AmLaw 200 firms, although several litigation boutiques have also become clients.
“We are extremely pleased with our worldwide momentum, particularly in the US,” said Graham Smith-Bernal, founder and CEO for Opus 2 International. “Many of our enterprise customers began using Magnum on a case-by-case basis and have expressed great satisfaction regarding how the technology streamlines the process of legal collaboration and helps them serve their clients with efficiency and uncompromising quality. When the enterprise option became available, many of those clients promptly pursued this choice, having already established a solid business case in-house. They recognized an opportunity to replace multiple underutilized tools with a single, integrated and modern platform.”
Opus 2 also announced it experienced a 400% increase in the number of active Opus 2 Magnum workspaces and a 250% increase in the number of users in the US over the same one-year period. At the global level, the company increased staffing by 170%, expanding its London, San Francisco, Singapore and New York offices, and hiring several additional attorneys as well as legal technology and e-discovery experts to assume client-facing roles.
Opus 2’s client portfolio includes 100 percent of the Sweet Sixteen Trans-Atlantic Law Firms, the AmLaw Global 2013 Top 10 firms, the Magic Circle and the Big Four Consulting Firms which use Opus 2 Magnum to collaborate on litigation matters.
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