Litify Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Litify Strengths, Domain Expertise, and Key Differentiators

Founded in late 2016, Litify's singular platform built on Salesforce streamlines and automates task management, document generation, intake management, and client communications. The platform's key differentiators lie in providing data-driven insights, enabling law firms, in-house legal departments, government agencies, and nonprofits to scale and improve their financial performance securely and efficiently.

Litify Recent Developments

In February 2024, Litify reported record revenue growth and surpassed 400 enterprise clients. With customers across diverse practice areas, the company continues to drive innovation and aims to sustain this momentum into 2025 and beyond.

In August 2024, Litify announced the release of Litify AI and a forthcoming roadmap of AI-powered capabilities focused on driving efficiencies in legal case and document management. This release followed the announcement of Litify’s collaboration with AWS and Anthropic to support the responsible development of AI solutions for the legal industry.

Litify Mergers and Acquisitions (M&A) Activities

In June 2021, Litify completed the acquisition of LegalStratus, a Salesforce-based E-Billing solution. This strategic union leverages the collective resources and expertise of Litify and LegalStratus, poised to provide corporate legal departments, government agencies, and insurance providers with unprecedented transparency and integrated tools.

Regarding financial prowess, Litify raised an impressive $50 million in Series A funding in July 2019. This capital infusion was directed toward sustaining Litify's growth trajectory and bolstering its operational capabilities. Notably, the funding aimed at expanding Litify's offerings to a diverse customer base, ranging from in-house counsel to mid-to-large corporate and smaller law firms. In February 2023, Litify announced new investment from Bessemer Venture Partners (BVP) to power its next phase of growth. As part of the investment, BVP Partner Brian Feinstein joined Litify's Board of Directors. With the backing of this leading institutional investor, the company plans to bolster its unique market position as the only secure and open platform built to centralize legal business operations and drive efficiency for growth-minded law firm and corporate legal departments.

Litify Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Litify applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Litify and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Litify Platform customers.

Litify Key Enterprise and Cloud Applications

Litify Platform

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Litify Direct vs Indirect sales

Litify Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Litify Customers

No. of Litify Customers: 400+

No. of Litify Enterprise Applications Customers: 400+

No. of Litify Cloud Customers: 400+

No. of Litify Cloud Subscribers: 55000

Notable clients using Litify's legal software include Pogust Goodhead, Brown & Crouppen Law Firm, Rubenstein Law, Pond Lehocky, Salesforce, Guardant Health, Acceptance Insurance, and Cole Scott & Kissane. These organizations have leveraged Litify’s platform to improve efficiency, with results including reduced reporting time and increased case volumes.​

With a user base exceeding 55,000+, Litify boasts an impressive and diverse customer portfolio, signifying the company's ability to cater to various legal entities, spanning regions and industries.

Litify Market Opportunities, M&A and Geo Expansions

The relocation of headquarters from Dumbo, Brooklyn, to the heart of Manhattan presents a strategic opportunity for growth and innovation. By positioning itself in a major business hub, the company gains increased access to top legal and technology talent, enhanced networking opportunities, and proximity to key industry stakeholders. The new location fosters greater in-person collaboration, encouraging dynamic teamwork and idea-sharing in an energetic, fast-paced environment. Additionally, being in Manhattan strengthens the company's brand presence and credibility, potentially attracting new clients and business partnerships.

In March 2021, Litify launched its document management and generation product, timekeeping and billing solutions, and client portal capabilities. Built into the Litify platform, these new products further allow users to manage every aspect of their organization in one place. But while Litify has expanded its product suite and seen its user count reach nearly 45,000, legal teams leveraging the platform to grow rapidly excite the company the most.

Litify Risks and Challenges

In 2024, Litify and other legal technology firms face various challenges, including the complexities of artificial intelligence (AI) integration, evolving regulatory requirements, data security vulnerabilities, and intellectual property disputes. As AI adoption accelerates within the legal sector, companies must navigate compliance risks, ensure data protection, and safeguard proprietary innovations in an increasingly competitive and regulated environment.

Internal challenges, such as scaling operations to meet increasing demand, and external risks, including changes in government regulations, must be navigated adeptly. Go-to-market challenges could arise as the company extends its reach, necessitating a strategic approach to sustain its upward trajectory.

Litify Ecosystem, Partners, Resellers and SI

Litify provides its customers with a comprehensive service ecosystem, offering guided implementation, configuration, hands-on training, and responsive technical support. The company also cultivates a strong professional network through industry events, webinars, and interactive discussion forums, fostering collaboration and knowledge sharing within the legal technology sector.

Litify's open architecture plays a pivotal role in its success, enabling seamless integration with other business-critical applications and data. The architecture facilitates information sharing and data construction through thousands of applications available via the Salesforce AppExchange and open APIs. The robust ecosystem includes network effects with System Integrators and Value Added Resellers, contributing to Litify's continued growth and adaptability in the dynamic legal tech landscape.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: