Litera doubles its transaction management customers in six months
Litera will say today (27 February) that it has more than doubled the number of customers using its transaction management platform, Litera Transact, over the past six months since Doxly and Workshare became part of Litera. New clients include Stephenson Harwood and De Pardieu Brocas Maffei.
Litera Transact, already in use by top law firms including Dentons, Clifford Chance, Wilson Sonsini, and Ice Miller, offers a secure, collaborative workspace that enables firms and their clients to close deals faster.
Emmanuel Fatôme, managing partner at De Pardieu Brocas Maffei, a recent Litera Transact customer, said, “Litera’s deal management solution is a very innovative tool which proves very helpful and efficient for handling large volumes of documents in the transactions in which our firm is involved. It has been very rapidly adopted internally and by our clients and counterparties.”
Avaneesh Marwaha, Litera CEO said, “We’ve seen exponential growth in this space, as law firms look to technology to help improve client service. We’ve said for some time now that the deal management space is ripe for disruption, and the volume of customers we’re seeing buy Litera Transact supports this. We anticipate this trend will continue and are projecting a further 100% growth over the course of 2020.”