Robert Ambrogi Blog
Even as the COVID-19 pandemic scrambled any sense of business as usual last week, the document-automation company Litera seemed to stay a step ahead, becoming one of the first major legal technology companies to take steps to continue operations, quickly pivoting to develop a lite version of its deal-management platform to offer for free, and…
Notable Hire: Allegory Founder Alma Asay Joins Litera
The news just keeps coming from document-automation company Litera in recent days. After last week’s announcements of its acquisition of Best Authority and roll-out of a free version of its deal-management platform, it is today announcing a notable hire.
Alma Asay, the founder and CEO of the cloud-based litigation management platform…
Litera Acquires Best Authority, Industry-Leading Table-of-Authorities Tool
The document technology company Litera has acquired Best Authority, which is possibly the leading standalone product among legal professionals for generating tables of authorities in legal briefs.
Best Authority, developed by Levit & James Inc., is in use at over 90% of Am Law 100 law firms has over 1,000 customers in total.…
Litera Offers Free Six-Month Access to Lite Version of Litera Transact
As the COVID-19 pandemic has stymied standard ways of closing deals and signing documents, Litera said today it is offering six months of no-cost access to a lite version of its deal-management platform Litera Transact.
In a message sent to Litera customers today, CEO Avaneesh Marwaha said that he is hearing from law…
Litera Says Coronavirus Will Not Impact Its Operations, Even As It Takes Steps To Reduce Risk
The document technology company Litera is telling customers it is prepared to continue full operations, even as it takes steps to reduce risk associated with the outbreak of coronavirus.
In a statement posted to its website and being distributed to customers, the company outlined the steps it is taking to address the outbreak…
Litera’s Acquisition of Doxly: I Speak with the CEOs on What’s Ahead
As I wrote here earlier, Litera yesterday announced that it has acquired Doxly, a four-year-old company founded by a former biglaw partner to manage the legal transactions process. I have just had a phone call with the CEOs of the two companies and can provide more details.
First, to sum up the news. the document technology…
Litera Microsystems Acquires Workshare, Extending Document Capabilities
The document technology company Litera Microsystems said today that it has acquired Workshare, a London company that provides products used by legal professionals for document comparison, protection and sharing.
Chicago-based Litera says the move underscores its focus on providing a seamless drafting experience for users across best-of-breed technologies.
For firms that currently use…
Litera Microsystems Is Sold to Hg Private Equity Group
Three years after acquiring document technology company Litera and then investing $100 million into creating the portfolio company Litera Microsystems, the investment firm K1 Investment Management has sold the company to Hg Capital Trust Plc.
During its ownership, K1 says, Litera tripled its revenue to become one of the world’s leading providers…
AI Company Kira Systems Gets $50 Million Series A Investment
Kira Systems, a Toronto-based developer of machine-learning software for contract review and analysis, today announced a $50 million Series A minority investment from Insight Venture Partners in New York City.
This is the first outside investment taken by the company, which was founded in 2011 by Noah Waisberg, a former corporate lawyer at…
Breaking: $100 Million Investment Combines Litera, Microsystems, XRef, and The Sackett Group #ILTACON
Just announced at ILTACON in Las Vegas is the combination of four leading legal document technologies – Litéra, Microsystems, XRef and The Sackett Group – into a single business they believe will better serve their more than 1,000 legal and corporate customers across the full document lifecycle.
The new platform is majority…