Litera (company)

From Wikipedia, the free encyclopedia
Litera
Company typePrivate company
IndustryComputer Software, IT
Founded2001; 23 years ago (2001) in McLeansville, North Carolina
FounderDeepak Massand
HeadquartersChicago, Illinois, U.S.
Key people
Number of employees
1,241 (2024)
Websitewww.litera.com
Footnotes / references
[1][2][3][4]

Litera is an American software corporation headquartered in Chicago, Illinois.[4] They create and license productivity and risk management software aimed at law firms.[4] In December 2009, Litera acquired Softwise Inc. in its biggest acquisition to date.[5] The company acquired CitationWare LLC in 2011.[6] In 2013, Litéra acquired AxxiTRIALS clinical-trials portal from web technology specialist Axxiem Web Solutions.[7] In 2019 Litera acquired competing fileshare company Workshare.[8]

Products[edit]

Litera develops software for use by law firms.

Litera's products include:[9]

  • document drafting software, template and content support for document creation, proofreading, styling, and repair tools, as well as document formatting and comparison tools, and PDF management solutions;
  • advanced workflow software with AI-driven contract review and transaction management capabilities;
  • genAI deal-point database for knowledge management
  • marketing and business development tools, including CRM and legal marketing software for law firms;
  • finance, pricing, and analytics tools covering matter management, budgeting, pricing software, as well as shipping management and invoice processing features;
  • talent and human resources tools including applicant tracking, CLE tracking software, and a learning management system tailored for legal professionals;
  • IT and security software including legal data management, metadata cleaning, and data loss prevention, with additional features such as bulk document scanning and a hybrid desktop client for power users.

References[edit]

  1. ^ "The Legal Industry Bids Farewell to Litera Founder and CEO Deepak Massand". law.com. ALM. 7 January 2016.
  2. ^ Zach Warren (20 April 2022). "Litera Names Sheryl Hoskins as New CEO, Avaneesh Marwaha to Chair Company's Board". law.com. ALM.
  3. ^ Victoria Hudgins (5 November 2021). "Litera Announces New Investment From Hg, Eyeing Even More M&A and Expansion". law.com. ALM.
  4. ^ a b c Joseph N. DiStefano (22 January 2022). "Legal software firm that builds remote work systems for lawyers sold for $100 million". The Philadelphia Inquirer.
  5. ^ Litéra Acquires Document Creation and Automation Provider SoftWise
  6. ^ Litera acquires CitationWare - 2011/07/29 - MarketLine Financial Deals
  7. ^ Litera acquires AxxiTRIALS portal
  8. ^ Skolnik, Sam (8 December 2019). "Rise of the 'Platform' Slated to Drive 2020 Legal Tech Deals". Bloomberg Law. Retrieved 26 April 2022.
  9. ^ https://www.litera.com/