Case Study: Drinker Biddle & Reath LLP achieves expedited high-profile M&A approval with OpenText Axcelerate

Drinker Biddle & Reath expedites high-profile M&A approval process

Drinker Biddle & Reath LLP, an AmLaw 100 firm, was retained to respond to an urgent FTC HSR second‑request for a high‑profile Fortune 500 retail merger that faced a hostile third‑party takeover. Merits counsel estimated a three‑month, $3M response—time and cost that would have jeopardized the deal.

DBR used OpenText Axcelerate’s advanced analytics, phrase analysis, smart filters and continuous machine learning, supported by OpenText professional services, to prioritize review and monitor progress via dynamic dashboards. The team delivered roughly 700,000 documents in seven weeks (Phase One in five weeks), speeding FTC review and containing costs; in a separate matter DBR reviewed 1.3M documents and produced a Phase One in 10 days, securing FTC approval.

Drinker Biddle and Reath LLP

Bennett Borden

Chief Data Scientist