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Purpose Legal Celebrates 2023 Business Momentum Highlighted by New Brand Identity, Record Revenue Growth, and Appointment of Experienced Industry CEO 

[Dallas, TX, January 10, 2024] — Purpose Legal (“Purpose”), a leading litigation services and technology company, announced that 2023 was a year of record revenue and client growth plus the establishment of several key strategic partnerships within the electronic discovery ecosystem. Purpose (established in 2007 as Cobra Legal Services) has evolved in several areas beyond its original identity, cementing its current position as an innovative leader in providing best-in-class people and technology-driven legal services.

A New Identity for a New Era:

The company’s 2023 rebranding to Purpose Legal emphasizes its commitment to delivering specialized legal support and eDiscovery solutions to corporations, law firms, government agencies, and its many services and technology partners. The name change symbolizes the company’s shift from commoditized legal services to a customized “purpose-driven” approach, reflecting its impressive 500% growth in recent years and two-time inclusion in the prestigious Inc. 5000 list of America’s Fastest Growing Private Companies.

Consistent Growth and Expansion:

Purpose Legal continued its trajectory of material growth highlighted by:

  • Consistent gross revenue growth of 10%-20% per year for the past four years.
  • 33% growth in the core technology services line, marking a record-breaking performance.
  • Expansion of 60% in Relativity on-premises storage, coupled with material growth in Everlaw and Relativity One services.
  • Significant investments in human capital, IT infrastructure, and efficiency-based technology to serve a client base that grew by 44%.

New Addition to the Leadership Team:

  • Greg Mazares, a veteran business leader with over 40 years of experience in legal and professional services, joined Purpose Legal as CEO in December. Mazares and the company’s President and Chief Innovation Officer, Kris Taylor, have a history of success in building profitable companies through great people, scalable technology, and proven processes.
  • Purpose added 40 new employees selected for their industry experience and functional expertise, proven dedication to client service, and ability to work as part of a team.

Strengthening Partnerships and Data Security:

Purpose Legal formed several new strategic partnerships last year.  These include formal relationships with Redgrave Data, a leading data sciences and litigation consulting firm, and ModeOne Technologies, a leader in smartphone data discovery. The company continued growth in its outstanding partnerships with industry giants Everlaw, Exterro, Relativity, and Reveal-Brainspace.  Purpose Legal’s knowledge-based leaders headlined 15 national and regional webinars and panels, underscoring its industry thought leadership position. The achievement of SOC2 and ISO27001 certifications across all operations worldwide highlights its unwavering commitment to data security.

“Purpose Legal stands at the forefront of legal services innovation,” said CEO Mazares.  “The company’s continued revenue growth and process enhancements in 2023 pave the way for an even more impactful future.  We proudly employ many great people whom we intend to retain and develop, and we will selectively add industry leaders and experts to help us build a respected, highly profitable company.  Our goal is to be among the best at what we do, and to become the company of choice for employees and clients.”
 
About Purpose Legal

Purpose Legal is a leader in eDiscovery, document review, and legal technology services. Our talented, motivated people are our greatest asset.  The company assists multinational corporations, law firms, and government entities through best-in-breed software, creative managed services solutions, and deep industry expertise. Purpose delivers expertise in litigation support, HSR second requests, internal compliance and regulatory investigations, core eDiscovery services and technology, document review, information governance, data breach discovery, commercial contract review, and data science. We hire and develop experienced industry professionals, who combined with proven processes and robust technology, help us deliver consistently effective solutions to our many valued clients. The company has a global reach and serves clients throughout North America, the EU, and India. Learn more at www.purposelegal.wpenginepowered.com.

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It’s a self-appointed nickname, but it rings true. Our elite team approaches each project with precision, offering bespoke solutions that align with your objectives.

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Expect over-communication and real-time feedback, keeping you informed every step of the way.

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Leveraging AI and analytics for efficient review and quality control.

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With services in multiple languages and a dedicated review team in India, we handle international and multilingual projects effortlessly.

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Your data’s security is our top priority, with protocols that exceed industry standards.

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Purpose Legal has the capability to process thousands of documents across nearly every data type each hour. Our technology accelerates the production of ready-to-review files, enabling faster response times in critical review scenarios.

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Save significant manual administrative time with our automated redaction capabilities. Effortlessly redact personally identifiable information (PII) across multiple documents and spreadsheets with our bulk-redaction tools.

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Build accurate searches with confidence. Purpose Legal uses intuitive technology that supports highly detailed queries, offering accessible and clickable terms for efficient review.

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There is no project too large or too small. Purpose Legal creates customized workflows to perfectly suit our clients’ needs, ensuring they achieve their objectives with our comprehensive support.

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We believe in overcommunication to ensure you never face the unknown. Our reports provide data and insights, mapping out clear options and their implications for your business. With Purpose Legal, you’ll always know the status of your project and the impact of your decisions.

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Our dedicated team in India specializes in insurance defense matters. Our expertise also extends to supporting plaintiff firms in class action lawsuits. Our team boasts long-term loyalty and a broad language capability—including Mandarin, Japanese, and more—ensuring we meet global needs.

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Purpose Legal reviewers undergo extensive training on the specific issues and technologies of each project. Our real-time feedback and performance evaluations ensure a continuously improving team, ready to handle any challenge.

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Our review methodology is meticulous from start to finish, ensuring quality control through advanced analytics and AI processes. From project initiation to final quality checks, we implement a rigorous process to guarantee the highest standards of review quality.

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  • Monitoring and Enforcement: Vigilant monitoring and enforcement of applicable data protection laws and regulations.
  • Updates and Awareness: Regular updates to our Privacy Compliance Program and the promotion of workforce awareness of data protection risks and rights.

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  • Unauthorized Access Prevention: Implementation of controls to protect against unauthorized access to data, including internal controls for cyber threat detection.
  • Access Controls and Authentication: Strong access controls and multi-level user authentication are needed to ensure authorized access to data only.
  • Encryption and Secure Storage: Data encryption and secure, access-controlled data storage environments.

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