Reed Smith, an international law firm with offices in the U.S., Europe, the Middle East and Asia, knows the value of history and technology—and how to capitalize on both. For example, in 2010, Law Technology News reported how the Am Law 100 firm keeps close tabs on matters in relation to budget and task performance and provides real-time reports to clients through the firm’s extranet, called ouRSite. The firm recently started using Big Data gleaned from document review to manage e-discovery costs, facilitate document review and provide clients with insight into historic and real-time e-discovery matters.

Tom Baldwin (left), chief knowledge officer at Reed Smith, explains that the firm’s Big Data software is a homegrown business intelligence tool called Periscope, which is designed to extract, analyze and report on data from kCura Relativity and numerous law firm resources.