Litera Transact
Run a perfect deal.
Convert the manual, tedious process of managing transactions into a secure collaborative workspace with Litera Transact. The result? A painless and more profitable way to get deals done.

Why Litera Transact?

Mitigate Risk
Protect clients’ information by sharing documents within a secure platform and ensure collection of all final executed agreements, with an archivable digital record of every deal.

Increase Profitability
Reduce write-offs for time spent on low-value administrative activities and accelerate the entire closing process through automation.

Enhance Collaboration
Get more visibility into deal status and better manage communications among internal and external parties.
Transform Key Deal Types
Litera Transact helps legal teams manage all transactions and simplify workflows across many different deal types. See the benefits our customers are experiencing in these practice areas.
Key Features
Checklists
Interactive checklists allow internal and external parties to communicate directly within the platform, set roles and permissions, and provide a real-time view of all documents, versions, and deliverables throughout each stage of the deal process.
Signatures
Dramatically improve the process of managing signatures from creating blocks to executing final documents. Documents requiring signatures are matched to pre-formatted signature page templates that can be customized to a firm’s specific style. Signature packets are automatically created for each signer and can be sent directly from the platform for electronic or wet ink signature.
Closing Books
Easily edit and organize the table of contents and create closing books for each transaction and for specific stakeholders within minutes. Users have several different options for closing book delivery, such as PDF or HTML format.
Data Rooms
Collect and manage all diligence documents for each deal in a centralized data room with built-in communication and workflow tools.
This calculator illustrates the ROI you could achieve for each deal if you used Litera Transact.
Step 1: Find a recent deal you have worked on where you did not use an online transaction management system. Find the total accrued hours for that deal (before any write-off). Insert that figure into “Total Hours Worked on a Deal” below.
Step 2: Insert your trainee and associate bill rates into “Associate or Trainee Bill Rate.” Insert a blended rate into the calculator if your charge out rates have a range.
Step 3: See the return on investment per deal you could achieve by using Litera Transact.