Litify

Overview
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LegalTech?
Product stageSegments
Go-to-Market
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Practice management
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Litify is an end-to-end legal operating platform built on Salesforce, offering tailored solutions for law firms, in-house legal teams, government agencies, and nonprofits. It streamlines and automates various legal operations such as matter and task management, document generation, timekeeping, billing, and client communications. As of February 2024, Litify serves over 45,000 legal professionals globally, including iconic clients like Salesforce and Morgan & Morgan, America's largest injury law firm.

The platform provides comprehensive features for matter management, document management, collaboration tools, time tracking, billing, real-time analytics, and integrations with third-party applications. It enables law firms to standardize processes, enhance efficiency, and improve financial performance through data-driven insights. Litify's extensible architecture allows customization and scalability to meet unique business needs across diverse practice areas, including personal injury, insurance defense, and immigration law.

In February 2023, Bessemer Venture Partners acquired a majority stake in Litify as the company achieved profitability, further fueling its growth and market positioning. Litify aims to bolster its unique market position as the only secure and open platform built to centralize legal business operations for growth-minded firms and corporate legal departments.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
45 Main Street Brooklyn NY USA
Founded year:
2016
Employees:
251-500
IPO status:
Private
Total funding:
USD 78.6 mn
Last Funding:
USD 19.8 mn (Series Unknown; Dec 2023)
Last valuation:
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