Despite all the internal changes, the company will continue to operate as Consilio with offices in 11 countries; boutique, midsize and large clients; and 4,000 employees, according to a press release. Of those employees in the newly combined company is Xact founder and CEO Bob Polus, who will now serve as the combined Consilio’s corporate development officer. Polus explained the impetus behind the merger by noting that scaling up is the only way to thrive in the current e-discovery market.

“With consolidation being necessary for our space—scale is a big plus,” he said. “When you accelerate scale, it allows you to increase your ability to invest in your people and your technology, which also enhances our client experience, our infrastructure and geographical footprint.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]