We’re almost to the end of another year. Before stepping away, we wanted to take a moment and wish you a happy holiday season! We hope you enjoy time relaxing with loved ones and reflecting on your success. Team Litify will join you in the new year with fresh articles and insights, but until then, enjoy a brief review of some top moments from 2023 in our “Litify Wrapped.”

We welcomed Bessemer Venture Partners as our newest investor

Starting in February, Bessemer invested in Litify as the platform transforming legal business operations at its core. We’re thrilled to have the support of one of the country’s most sophisticated investors as we shape the landscape of legal. As part of the investment, Bessemer Partner Brian Feinstein became Chairman of our Board of Directors, bringing 15 years of business and vertical software expertise to our strategies and operations.

The “Litify & Friends” Booth Crawl at Legalweek

We debuted our first-ever booth crawl at this year’s Legalweek conference in March. It was a fun way to showcase the power of the Litify network. Thank you again to our participating partners: ECFX, Epiq, Kofax, LawPay, Lex Reception, NetDocuments, and Foundation AI!

Litify named the “Top Innovator” in case and matter management

In May, we were selected for this award by Theorem, a leading legaltech platform and marketplace. Winners were selected using data collected from across the Theorem network, including major organizations like the Corporate Legal Operations Consortium (CLOC) and the Association of Corporate Counsel (ACC).

We celebrated one year of the Litify Llama

From his debut at CLOC 2022 to our most recent LitiQuest conference, it’s been one busy year for the Litify Llama! And from what we’ve seen, legal professionals love Jude Law-ma:

We released our 2023 State of AI in Legal Report

62% of legal professionals aren't yet using AI — and feel the industry isn't ready for the technology. We commissioned an independent market research firm to survey legal professionals on their perceptions and priorities for artificial intelligence.

Launched in August, the 2023 Litify State of AI Report, sheds light on the current use of artificial intelligence and its future impacts across the industry.

We welcomed Curtis Brewer as our CEO

Following a record-breaking second quarter, we announced Curtis Brewer as Litify’s CEO. Curtis brings deep expertise in scaling and operating software business and has an impressive track record in delivering a platform approach to fragmented industries. We’re excited to have him on board to further accelerate our company’s growth after achieving a record amount of revenue while continuing to expand our profitability.

Season two of Transforming the Culture of Law podcast

Hosted by industry leader Bill Biggs, “Transforming the Culture of Law” is a partnership bringing a unique series of conversations around the business side of law to the legal community. Bill’s passion is to bring positive change and transformation to law firms and legal professionals everywhere, which aligns with the Litify mission to revolutionize legal technology and culture.

• Dov Slansky, VP of Strategy & Innovation at Litify
• Tim McKey, CEO of Vista Consulting
• Merril Hoge, Former NFL player
• Jennifer Gore-Cuthbert, Founder of Atlanta Personal Injury Group

We hosted our annual LitiQuest conference

Six years ago, we set out to standardize how plaintiff lawyers manage matters to become more efficient. Flash forward to this October, and we were discussing advanced automation, integrations, and insights that improve case values, business performance, and culture.

We launched new functionality in the Litify platform

Through our quarterly product releases, Litify clients benefit from regular upgrades and ongoing innovation within our powerful platform. With our updates in 2023, current customers now have the ability to:

• Share documents from Litify to your Client Portal
• Get ahead of invoice write-downs with billing rule logic
• Include WIP items in matter budgets for better forecasting and resource allocation
• Use custom LEDES templates and generate bulk invoices in Litify Time & Billing
• Edit PDFs in the platform after merging
• Open and save documents from Microsoft Word directly into the platform

Litify was named the “Practice Management Solution Provider of the Year” — again

For the second November in a row, we were recognized for this prestigious award by LegalTech Breakthrough. Litify was selected from more than 1,500 nominations from over 12 different countries! See what makes us the top practice management provider — or check out how we stack up against the competition in Above the Law’s Practice Management Buyer’s Guide.

We welcomed Lauren Rothrock as our CPO

Last but certainly not least, we announced Lauren Rothrock as our Chief Product Officer (CPO) in December. Lauren brings an impressive track record in delivering client-centric product strategy, design, and adoption transformation to our team. As our CPO, she’ll be responsible for enhancing the Litify platform’s personalized and intuitive work experience for clients, supported by next-generation analytics and business intelligence, to drive better business performance.

With that, we’ll see you in 2024!

Thank you again for your continued partnership and readership. We look forward to bringing you even more insights in the year(s) to come. Team Litify has a lot to be thankful for this year, including a growing roster of clients and partners, such as: Brooklyn Defenders, Kisling Nestico Redick, iManage, Erickson Immigration Group, Smith Freed Eberhard, EvenUp Law, AccountingSeed, and more.

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