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TRU Tips

The unemployment rate fell to 4.3% in May, its lowest level since 2001.

TOP 3 "Truths" Behind The Unemployment Rate's "Impressive" Drop To 4.3%
  • The decrease was mostly because Americans are giving up their job searches; the number of people with a job also fell.
  • The number of jobs gained for the month was less than expected at 138,000.
  • Only 601,000 private sector jobs have been added since January.

Thanks to CNN Money for the stats.

Wednesday, 07 June, 2017
TRU Tips

Gartner has eliminated their review of the e-discovery industry for their magic quadrant annual survey, signaling the massive consolidation of tools and lack of competitive availability in the community. Read more here.

TOP 3 Takeaways From The 2017 Enfuse Conference
  • Guidance’s EnCase and kCura’s Relativity One are creating a mutual connector that will ultimately “eliminate the creation of loadfiles, [allow for] stealth collection and enable mapping and transfer of native files and metadata seamlessly into Relativity workspaces.” This partnership will give professionals with dual EnCE and RCA a significant advantage if adopted widely in the e-discovery community.
  • Guidance is pivoting aggressively towards security. The mantra of the Keynote delivered by Guidance CEO Patrick Dennis was simple: “Don’t fear the breach!” In addition to the EnCe and EnCEP, Guidance now offers a CFSR certification. The Certified Forensic Security Responder (CFSR™) will equip talent with the breadth and depth of knowledge needed to become a highly sought-after cyber security forensics expert.
  • Security talent is bleeding into e-discovery and vice versa. While experts in both disciplines show signs of trepidation about reinvention, there is no question that security and discovery are colliding in talent, education, certification, and software. Those who cross-pollinate will dominate professionally in the future.

Friday, 02 June, 2017
TRU Tips

According to the Wall Street Journal: All IT Jobs Are Cybersecurity Jobs Now.

TOP 3 Hottest Markets For ESI Work Right Now
  • ENCE – EnCase Certified Forensic Examiner
  • EnCEP – EnCase Certified eDiscovery Practitioner
  • CFSR – Certified Forensic Security Responder
Thursday, 25 May, 2017
TRU Tips

If you are in the cybersecurity vertical, having active security clearances in place gives you a leg-up on your competition as government contracts expand and begin to engulf the attention of the private sector.

TOP 3 Hottest Markets For ESI Work Right Now
  • Cybersecurity Engineers: There is such a dearth of engineers compared to the demand that companies are offering relocation, sign-on, equity, and more for talent that fits their culture and skill needs.
  • Incident Responders: There is such a shortage of this talent that some clients are training graduates of law school on technology to make them adept at IR.
  • CISOs: While demand has waned in recent years, leadership is still in high demand both in corporations and service providers/consultancies; law firms, not so much.
Wednesday, 17 May, 2017
TRU Tips

There has been a significant uptick in law firms adding e-discovery staff this month.

TOP 3 Hottest Markets For ESI Work Right Now
  • California: When it’s hot – it’s hot! When it’s not – it’s not. But right now there is a surge of project management and analyst level work in LA and SF. This won’t last long if history repeats itself, so those curious about making a move professionally in California would be wise to explore the market when it’s hot.
  • Chicago: Chicago remains a hotbed of opportunity with more vendors growing their operations there than anywhere else in the last three years.
  • Europe: London and Germany are hiring at 22% growth rate for ESI talent right now and supplies are limited! If you have dual EU/US citizenship – you are a hot commodity for relocation!
Thursday, 11 May, 2017
TRU Tips

The yearning of sales talent to sell services and offerings beyond the highly commoditized ESI play coupled with the rapid consolidation of vendors has caused the beginning of an exodus of business development talent from the e-discovery industry.

TOP 3 Things Motivating ESI Sales Professionals To Move Companies
  • A client-focused culture where deals are made by solving clients issues, not forcing a packaged solution
  • Breadth of services (beyond pure ESI) that sales reps can rely on and really believe in
  • The right monetary incentives, both in base and variable compensation
Wednesday, 03 May, 2017
TRU Tips

When asking a question at an interview, always start with a statement first. For example, "I am very much looking for a place where I can spend the next ten years. Can you tell me a little bit about the growth potential in this role and what other professionals hired at this level have done to accelerate their growth within the company over time?"

TOP 3 Takeaways From A Recent Trip To San Francisco
  • The Bay Area is full of talent! But not full of opportunity. Much of the hiring in the Bay Area is insular and relationship-based; other times it is on contract. Large corporate employers have an easier time bringing on temporary talent than full-time hires.
  • Local ESI vendors have become big shops. Much of the local vendor-ship in e-discovery in the Bay Area has consolidated with Inventus and Fronteo leading the charge. Discovia remains a ripe and well-known local player. Consulting firms all have a presence in this area, but none really seem to have a dominance.
  • Still the land of engineers. The roles that remain in abundance in Silicon Valley are for engineers. Many e-discovery, data analytics, and cybersecurity software companies call this area home. They are constantly cycling talent in and out at the development level.
Tuesday, 25 April, 2017
TRU Tips

If you have voluntarily left your current position or have been let go during an active job search, it is critical that you update your resume and be transparent that you are no longer employed. Failure to do so may put your honesty into question and cost you the job.

TOP 3 Differences Between Private Equity and Venture Capital Investments:
  • Private Equity usually owns 100% of a company while Venture Capital usually owns pieces.
  • Private Equity usually buys mature companies then streamlines efficiency and operations to be more profitable. Venture Capital usually invests in new emerging companies where founders are still involved in operations and growth.
  • Private Equity firms use both cash and debt in their investment, but Venture Capital firms deal with equity only.
Friday, 14 April, 2017
TRU Tips

The budget for the U.S. cybersecurity and counter intelligence efforts is separate and distinct from the U.S. defense budget, despite Cybersecurity being one of the top threats to U.S. defense.

TOP 3 Fun Facts You May Not Know About The FBI's 2017 Budget Request
  • The FBI's 2017 budget request proposes a total of $9.5 billion in direct budget authority to carry out the FBI’s national security, criminal law enforcement, and criminal justice services missions.
  • The request includes a total of $8.7 billion for salaries and expenses, which will support 34,768 positions (12,892 special agents, 2,999 intelligence analysts, and 18,877 professional staff).
  • The request also includes $783.5 million for construction.
Wednesday, 05 April, 2017