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 completing the notable acquisition of Best Authority.
Litera has been a company on the move since 2016, when a $100 million investment from K1 Investment Management led to the combination of four document-technology companies – Litera, Microsystems, XRef and The Sackett Group – into a single business. After K1 sold the company to Hg Capital Trust last year, two more major acquisitions followed, of U.K. company Workshare in July 2019 and deal-management platform Doxly in August 2019.
Leading the company through these changes since 2016 has been CEO Avaneesh Marwaha, a former intellectual property lawyer who transitioned his career into a series of business-executive roles, including as chief operating officer of Keno Kozie Associates, a major provider of outsourced IT for global law firms.
In this episode of LawNext, Marwaha joins me to discuss the recent news involving his company, how his company is continuing to serve customers in the face of the COVID-19 pandemic, the development of Litera into the company it is today, and the company’s future plans.
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