L

Litera

www.litera.com link_icon

Company Research Report: Litera



Company Overview



Name


Litera

Mission


Litera's mission is to amplify impact and maximize efficiency for legal professionals by providing robust legal technology solutions.

Founded


No information is available.

Founders


No information is available.

Key People


  • Sheryl Hoskins: CEO, responsible for leading Litera and scaling its enterprise software business.

  • Chris Arellano: CCO, overseeing Customer Success, Professional Services, and Customer Support.

  • Carl Gillert: CFO, managing the financial health and strategy.

  • Greg Ingino: CTO, in charge of engineering, dev ops, architecture, and R&D operations.

  • Emily Legere: VP, Chief of Staff, handling strategic planning and execution.

  • Michelle Meurer: CPeO, leading talent management and HR operations.

  • Sean Munafo: CSO, responsible for sales growth and strategy.

  • Rachael Rekart: Head of Transformation, focusing on organizational change.

  • Adam Ryan: Head of Product, focusing on product management and innovation.


Headquarters


550 W Jackson Blvd Suite #200, Chicago, IL 60661

Employees


No information is available.

Revenue


No information is available.

Recognition


Litera has been recognized by various awards, including:
  • Best Legal Firms Data Management Solutions 2024 by Acquisition International.

  • American Legal Technology Awards: Best in Enterprise.

  • KMWorld: 100 Companies That Matter in Knowledge Management.


Known For


Litera is known for being a leader in legal technology solutions, offering a suite of products designed to optimize the workflow, collaboration, and data management of legal firms.

Products



Litera Draft


  • Description: An integrated document drafting suite available within Microsoft Word.

  • Key Features: Automates document drafting, proofreading, styling, and repair, allowing legal professionals to focus on high-value work and mitigate risks.


Litera Create


  • Description: A platform for creating high-quality documents using enterprise-approved templates.

  • Key Features: Enables the creation and management of templates, saving content, organizing pleadings, and ensuring secure document handling.


Litera Check


  • Description: A proofreading and document repair tool for Microsoft Word.

  • Key Features: Automatically proofreads documents, ensures consistent citations, tackles complex document issues, and enhances document quality with AI-powered features.


DocXtools


  • Description: An advanced tool for document repair and restyling.

  • Key Features: Automates document issue resolution, maintains document consistency, and allows for faster review and correction of complex document errors.


Litera Compare


  • Description: A document comparison tool for legal documents.

  • Key Features: Provides fast and accurate document comparisons, helps in tracking document changes, and integrates seamlessly with other document management systems.


pdfDocs


  • Description: A PDF management application tailored for law firms.

  • Key Features: Allows for editing, redacting, binding, and securing PDFs with advanced integration and compliance features.


Kira


  • Description: AI-powered contract review software.

  • Key Features: Facilitates in-depth contract analysis, identification, extraction, and summarization of clauses with optional generative AI capabilities.


Litera Transact


  • Description: A transaction management platform.

  • Key Features: Provides comprehensive and customizable checklists, simplifies the transaction management process, and improves collaboration across deal types.


Recent Developments



New Acquisitions and Partnerships


  • Litera acquired FileTrail to enhance its Governance, Risk, and Compliance offerings, integrating information governance and records management solutions with existing products to better serve law firms.


Product Launches and Enhancements


  • Litera Transact 5.0: Features dynamic custom columns, enhanced import functions, and direct saving of closing sets to document management systems.

  • Enhancements across products for improved user interfaces, performance, and integrations especially for iManage and NetDocuments systems.


Technological Advancements


  • Litera introduced GenAI-powered features across product lines, integrating advanced AI models to streamline and enhance legal workflows.

  • Continuing integration with Microsoft technologies to provide deeper collaboration tools for legal professionals.


Summary


Litera stands as a formidable leader in the legal technology landscape, continuously enhancing its suite of products to meet the evolving needs of legal professionals around the globe. With investments in AI and strategic acquisitions, Litera is poised to provide revolutionary solutions that redefine the future of legal work.