October 4, 2022

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Litera acquires Basis Computer software Group to make Firm Intelligence business unit

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CHICAGO, Jan. 5, 2021 /PRNewswire/ — Litera now announced it has acquired Foundation Application Team, developer of the only organization intelligence platform for legislation corporations, forming the new Litera Firm Intelligence business unit. Litera is poised to devote heavily in the advancement and assistance of Foundation’s sector-primary facts system that transforms disparate info about customers, issues, people today, and events into usable and actionable information. The Basis platform assists legal professionals enhance customer service, win new company, and attain perception into both of those the company and apply of law. As a consequence, Litera expands its choices for the exercise of legislation to also incorporate the organization of legislation, raising the company’s potential to deliver benefit to its law firm prospects across the make a difference and consumer lifecycles.

Avaneesh Marwaha, Litera CEO said, “Winning and providing high top quality legal expert services to shoppers calls for a complex authorized know-how natural environment. As a result, regulation corporations desire working with one know-how vendor that features a assortment of integrated ideal-of-course options to supply attorneys with the ideal facts, in the appropriate location, at the suitable time. With this acquisition, present-day and foreseeable future Foundation customers get the best of all worlds, from crafting and staffing a pitch to document drafting to controlling transaction and litigation issues to completion to leveraging the ensuing experiences to go on to grow organization enterprise.”

“We’re psyched to be a aspect of a organization like Litera that shares our core values,” stated Nate Fineberg, CEO and Co-founder at Basis Software package Team. “We pride ourselves on providing remarkable products that delight customers. Combining with Litera allows us to leverage their means and accelerate our skill to support legislation corporations unlock the value of their info to generate expansion and raise customer fulfillment. We have terrific strategies for Foundation to continue to satisfy those people demands. Our team is just getting begun.”

Foundation clients contain in excess of 35{9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63} of the AmLaw 100, which pairs very well with Litera’s ongoing emphasis on the International 100 corporations about 97{9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63} of which use its items. Both of those Litera and Foundation focus on frequent characteristics that are crucial to prospects which includes integrity, a lengthy-expression outlook, relentless target on customer success, and the delivery of very best-of-class remedies, offering a powerful foundation for the combination.

About Litera
Litera is the leading supplier of application for legislation companies and doc-intensive businesses throughout the globe, assisting them fulfill the requires of clientele. Our doc drafting products empower end users to build, proofread, review, clean, and distribute superior-high quality content material immediately and securely, from any machine, while our transaction and litigation administration platforms converts the handbook, tedious approach of controlling matters by building safe, collaborative workspaces to convey alongside one another appropriate subject information and cut down the administrative stress inherent in those processes.

About Foundation Program Group
Basis Software package Group enables large regulation corporations to rework their disparate details about shoppers, issues, folks, and functions into usable and actionable information. Its Business Intelligence system incorporates built-in purposes for Working experience Administration, Expertise Locale, and Strategic Romance Management – leveraging organization expertise to acquire new company, boost consumer assistance, and get insight into both equally the company and exercise of regulation. Basis is led by an accomplished crew of industry experts with deep knowledge in thriving regulation organization software development.

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Haley Altman
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Perspective authentic content material: http://www.prnewswire.com/news-releases/litera-acquires-basis-computer software-group-to-develop-firm-intelligence-business enterprise-unit-301201315.html

Source Litera Company