Last Update: October 25, 2022
HighQ Dataroom
3.58/5.0
highq logo, highq icon, highq

HighQ Dataroom

3.58/5.0
Year Founded: 2008
Headquarters: London, UK

HighQ overeview

HighQ is a Virtual Data Room (VDR) and legal project management software for law firms designed by Thomson Reuters, a multinational media conglomerate founded in 2008 and based in Toronto, Canada. The company has offices in the Americas, the MENA region, and Asia.

In 1998, Lipper Analytical was acquired by Reuters Group plc as a wholly owned subsidiary. In 2008, Lipper became a part of Thomson Reuters after Reuters and Thomson Financial merged.

High Q allows you to run a modern legal firm efficiently by streamlining processes, automating manual tasks, handling deadline-constrained work, and providing a top-notch client experience.
Thomson Reuters Highq provides a free demo that lets you get a hands-on experience of the VDR software. HighQ pricing is quote-based.

Software Details
Deployment
Web
Cloud
SaaS
Linux
Android
Windows
iOS
Support
24/7/365
Local Centers
Live Chat
Email&Phone
Online Help Center
Personal Manager
Training
Webinars
Documentation
Live Trainings
Live Online
In-person
Free Trial
No
Free Demo
Yes
Global Rating
G2

G2 is a peer-to-peer review site that was launched with a focus on aggregating user reviews for business software.

0/5.0
Software Advice

Capterra is a global platform that provides research and user reviews on software applications for businesses.

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Capterra

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0/5.0
GetApp

GetApp is software review platform that provides independent evaluations based on user ratings and social data of SaaS and Cloud Apps.

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Pricing

HighQ data room pricing

The HighQ data room has three price categories, which include Essentials, Advanced and Premium. The Essential plan is for streamlined document management and team collaboration, the Advanced is for companies looking at carrying out projects, litigation, portfolio and transaction management, while Premium is for automation and productivity. The complete pricing information on the plans is available on request only, but the good news is that there are no hidden charges with the plans, which makes using any of them a fully transparent process.

Features
security & hosting
Two-Factor Authentications
ISO/IEC 27001:2013 Certified
SOC 1 Certified
99.9% Uptime Guarantee
Data Backup
Access Expiration
Access Limitation by IP
GDPR Compliant Certified
HIPAA Compliant Certified
SSAE 16 Certified
Virus Scanning
Multiple Datacenter Locations
accessibility & ease of use
Web-Based Spreadsheets Viewer
Mobile Device Interface
Search Filter by Name
Drag & Drop Upload
Document Version Control
No Plugins
Scroll-Through Document Viewer
Search Filter by Content
Optical Character Recognition
Filtering by Parameters
Automatic Numerical Indexing
Desktop Synchronization
Archives Upload & Extraction
Multilingual Documents Index
file protection & user management
Granular Document Permissions
256-Bit SSL/TLS Encryption
Data at Rest Encryption
Mobile Device Management
View-Only Access
Prevention of Download and Copy
Remote Shredding of Documents
Customizable Document Watermarks
Secure Fence View
Document Access Expiry
Granular User Permissions
Permission Groups
activity tracking & reporting
Tracking of All User Activity
Real-Time Audit Trail
Graphic Reports
Exporting Reports to Excel
Tracking of Document Viewing Time
Scheduled Reports
collaboration features
Basic Q&A Module
Secure User Messaging
Advanced Q&A Module
New Document Email Notifications
Files & Folders Notes
customization
Branded User Interface
Custom Domain
Custom Login Page
Custom User Invitation Letter
Custom Access Agreements
Single Sign-On Integration
Managed Encryption Keys
Integrations Through APIs
Custom Workflows and Features
Active Directory Integration
Read More

software solutions

HighQ offers three software solutions: 

  • HighQ VDR — for secure document organization and management and exchanging transactional information
  • HighQ Collaborate — for remote cross-team collaboration
  • HighQ Publisher — for enhancing your firm’s content marketing strategy

You can choose a package that includes all three solutions or just the data room, depending on your use case.

Along with HighQ, Thomson Reuters offers other software solutions for legal operations, including:

  • Elite 3E — for business management purposes
  • Legal Tracker — for managing your legal work and costs
  • Data Privacy Advisor — for navigating through global laws and regulations

best for

The HighQ virtual data room solution is excellent for personal and corporate legal firms of all sizes, but it’s best suited for medium and large-sized law firms. Governments also use HighQ for legal work. Among the most frequent use cases of HighQ data room software, there are:

  1. Business and asset sale
  2. Corporate repository
  3. Joint ventures
  4. Mergers and acquisitions
  5. IPO
  6. Fundraising
  7. IP licensing
  8. Bankruptcy and restructuring
  9. File sharing

Speaking of the most commonly reported uses of the HighQ software, these are:

  • Virtual data rooms. View and exchange transactions and share documents securely.
  • HighQ management. Access and edit information seamlessly.
  • Client portals. Collaborate with clients and teammates efficiently and securely.
  • Workflow and process automation. Automate redundant manual tasks to focus on more important work and client relationships.
  • Online products and services. Offer your legal expertise in the form of products and services.
  • Project management. Utilize agile project management and productivity tools to work on your projects more efficiently.
  • Content marketing. Publish how-to articles, guides, and case studies for your target audience to gain exposure.
  • Document automation. Produce automated documents with a high level of accuracy and security.
  • Connectors and integrations. Use HighQ efficiently side by side with other applications using the power of integrations.

compliance certificates

HighQ doesn’t provide public information about its compliance certificates. However, it’s stated on the company’s website that its software products meet various international compliance certificates, such as ISO 27701, for instance.

highq advantages

Some of the pros of using HighQ are:

  • Secure file sharing with advanced security features that ensure your documents are safe
  • Easy synchronization of your documents with your mobile device along with advanced file storage sharing options
  • Ability to collaborate with internal and external teams with tags, commenting, messaging, and more
  • Possibility to create templates while speeding up your workflow and legal document management 
  • Use of APIs and integrations to seamlessly connect HighQ with other applications, like PowerPoint, Outlook, and Microsoft Excel
  • Streamlined collaboration with powerful document management features
  • Visualization of data with advanced charts
  • Fast analysis of your legal documents with AI 
  • Ability to publish high-quality content for your audience with HighQ Publisher
  • Simple user-friendly interface that anyone can use

customers

HighQ’s consumer market is global. Legal firms in North America, Europe, the Middle East, Africa, and other parts of the world rely on HighQ’s software solutions. This includes 21 of the top 25 law firms in the UK and 45% of the UK’s top 100 law firms.

Amongst the clients of HighQ are mostly legal firms, but some also represent financial, retail, and information technology segments:

  • Legal — CG Professionals, Vingaardshus, Clyde & Co, Lex Mundi, Blackadders, Linklaters Osborne Clarke, Allen & Overy, Geldards, Jackson Lewis P.C. 
  • Banking, tax services — Barclays, Garrigues
  • Technology — Delphi
  • Retail — Nisbets
FAQ

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