Global M&A Trends Q3 2024: Key Insights and Emerging Dynamics in TMT
M&A activity continues to slow down in 2024, marking a challenging landscape for investors and corporates alike. The latest Litera Global M&A Activity Report reveals a third consecutive quarter of declining deal counts. Yet value generation remains strong, with $2.2 trillion generated across 24,784 deals year-to-date (YTD). Despite a drop in deal volume, average M&A sizes...
Technology
Litera Acquires Office & Dragons to Bolster its Drafting and Transact Offerings
CHICAGO, November 26 - Litera, a global leader in legal technology solutions, has announced the acquisition of Office & Dragons, the market-leading platform for mass drafting and editing, which leverages intuitive automation and generative AI to streamline document workflows for lawyers. This latest acquisition augments Litera’s practice solutions with easy-to-learn, time...
Invest, Innovate, Integrate: Litera’s Approach to GenAI
Generative AI (GenAI) is rapidly reshaping the legal industry, enabling firms to streamline operations, cut costs, and elevate the quality of legal services. According to our recent survey, this technology is gaining significant traction, with 42% of law firms already utilizing GenAI tools and another 34% planning to adopt them within the next year. Document creation and...
Technology
Charting the Future: The Evolution of Legal Knowledge in the Age of GenAI
In the modern legal world, expertise and efficiency are what set law firms apart. The ability to harness and use internal knowledge, provide valuable insights, and deliver top-tier legal services can give a firm a competitive edge. This is where knowledge management comes into play. What began as a simple means of organizing lawyer experiences and documents has evolved...
Foundation
How Law Firm Innovation Teams Are Adapting to Change in the Age of GenAI
As technology continues to transform the legal industry, becoming an essential part of daily work, understanding its impact is crucial for staying competitive and innovative. Watch this insightful roundtable discussion featuring leading legal technologists who are reshaping the workflows in law firms.
Litera in ILTA's 2024 Tech Survey: Platform Approach
Litera is thrilled to once again be featured in ILTA's 2024 Technology Survey, marking another year of recognition for our tools that empower law firms worldwide. Litera's solutions consistently appear in the survey’s results, reflecting the value they bring to legal professionals in both the practice and business of law. With a robust portfolio that supports an enterprise...
Technology
Protect and Govern What You Can't Afford to Lose - Data and Time
This webinar is designed to provide real-world examples of CAM’s value, focusing on practical solutions rather than product tiers. Don’t miss the opportunity to enhance your legal team’s data governance strategy. Tackle Industry-Wide Data Risks: Discover strategies to mitigate risk and govern your data. Boost Efficiency and Collaboration: Implement time-saving solutions...
Litera Global M&A Activity Report: Trends and TMT Dynamics Through Q3 2024
The global M&A landscape has faced persistent headwinds throughout 2024, marking a continued decline in deal volume for the third consecutive quarter. Despite generating $2.2 trillion across 24,784 deals year-to-date (YTD), the market remains cautious. Our new whitepaper delves into the dynamics that have shaped global M&A trends through Q3 2024, focusing on how market...
Litera in ILTA’s 2024 Tech Survey: Metadata Cleaning and PDF Workflows
Litera is excited to be featured in ILTA’s 2024 Tech Survey, highlighting the continued impact of our tools within the legal industry. For years, our solutions have consistently appeared in the survey results, demonstrating the significant benefits they provide to law firms. With a vast portfolio that is well-regarded in both practice and business aspects of law, Litera is...
Technology
The Power of Timecards: How Time Entry Narratives Can Transform Your Law Firm
Law firms today are sitting on a wealth of untapped data: time entry narratives. These brief notes, often added to time and billing systems, detail the work performed, providing essential context about the stage of the legal matter, client interactions, and much more. However, this data is often underutilized because it is unstructured and difficult to analyze manually...
Clocktimizer
Ratcheting Expectations in the Age of GenAI
Generative AI (GenAI) is an emerging technology that can enhance legal professionals’ productivity, improve collaboration, and shape the future of legal work. In fact, our recent survey highlights a growing trend toward the adoption of GenAI technologies, with 42% of law firms already leveraging these tools and an additional 34% planning to integrate them within the next...
Kira
Transparency in Transactions: Reducing Write-Offs and Delighting Clients
With a 78% increase in average closing timelines since 2012, it is no wonder that legal teams are seeking ways to manage the chaos of deal work. In this insightful webinar featuring Danila Sotskov, Legal Technologist at Clifford Chance Derick Davis, Senior Product Manager, on December 3 at 11am EST (4pm GMT), discover how to simplify deal management by automating heavy...
Holland & Knight Enhances Legal Efficiency and Data Management with Litera Solutions
Download PDF The Problem Holland & Knight, a leading global law firm with approximately 2,200 lawyers and other professionals in 34 offices, faced significant challenges in managing their data and improving efficiency across their legal processes. With data scattered across multiple systems, they sought to gain comprehensive insights into their clients and matters in order...
Litera in ILTA’s 2024 Tech Survey: World Class Comparisons
Litera is proud to be featured in ILTA’s 2024 Tech Survey, highlighting the value our solutions bring to law firms year after year. Trusted by 97% of the Am Law 100, Litera Compare enables legal professionals to confidently track the evolution of your document with a market-leading document comparison tool. With a diverse portfolio supporting both the practice and business...
Technology
Manage Records and Governance with Precision and Ease
FileTrail is a modern, comprehensive data governance solution trusted by the world’s leading law firms, that automates and secures every stage of your records lifecycle and allows you to manage your physical and digital records precisely and efficiently. FileTrail helps law firms significantly reduce their exposure to risks, including those relating to attorney mobility...
Manage Corporate Records and Governance with Precision and Ease
FileTrail is the industry-leading information governance and records management solution for physical and digital data, designed for corporate legal departments. With FileTrail, you can elevate your compliance strategy into a competitive advantage by ensuring precision, efficiency, and security in every aspect of your operations.