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Litera is a global company that has been developing legal technology software for over 25 years. It provides integrated tools designed to manage legal workflows, secure collaboration, and organize firm knowledge and experience. Litera's software is used by more than 2.3 million legal professionals. [5]
Actionstep soon expanded into central government and a wider range of small business users (mainly in New Zealand and Australia). [ 3 ] After a few years the expanse of their legal client base prompted the company to add key legal specific features to the product with the aim of further expanding their legal market.
Legal technology companies such as LegalZoom and Rocket Lawyer provide consumers and small businesses with document automation services. Document drafting is rules-based legal work and drafts of legal documents, such as contracts and the documents required for company formation, can be reliably generated through an interactive website. [17]
LEAP Legal Software's flagship product is LEAP, a legal practice productivity solution. The key features of LEAP include legal practice management, document assembly and management, automated matter types and forms, a client and contact database, file sharing, time recording, billing and trust accounting tools, and legal publishing assets. [ 17 ]
By this time, Clio also supported 120 integrations with other legal software applications. [9] One year later, in September 2019, Clio raised a $250M (USD) Series D from TCV, JMI Equity. [16] On April 27, 2021, after several acquisitions in the legal technology space, Clio was valued at $1.6B with the announcement of a $110M Series E funding round.
A paralegal, also known as a legal assistant, or paralegal specialist is a legal professional who performs tasks that require knowledge of legal concepts but not the full expertise of a lawyer with an admission to practice law. The market for paralegals is broad, including consultancies, companies that have legal departments or that perform ...
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