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Litify News

Litify Secures $5 Million in New Funding

Team Litify
Litify News

Litify Secures $5 Million in New Funding

Team Litify

Less than a year after launching, Litify has already disrupted the legal industry by transforming hundreds of law firms into modern, high-performing businesses.

We look to build on our strong early growth in 2017, and to that end are pleased to announce a $5 million funding round from Fortress Investment Group, LLC that will help us make Litify’s best-in-class legal software solutions even better.

Built on the Salesforce, Litify’s software is designed to give law firms greater insights and transparency into their operations and to improve operational efficiency. With Litify, lawyers spend less time on organizational tasks and more time on the practice of law.

Law Firms Facing Market Pressures

Relatively soft legal services demand coupled with more practicing lawyers is creating an increasingly competitive legal services market that’s forcing law firms to improve efficiencies.

Firms have responded in a variety of ways to these market forces, including outsourcing legal tasks, altering client fee structures, and cutting back on staff.

But many firms have overlooked technology as a way to shore up inefficiencies and increase productivity. Using technology such as cloud apps, mobile functionality, social collaboration, and smart web tools, Litify allows firms to seamlessly incorporate project management principles and bring a business mindset to their daily operations.

In the same way that companies like Uber and Amazon used technology to disrupt the transportation and retail industries, Litify is a tool for disrupting the legal industry.

From customer relationship management (CRM) and marketing automation functionalities, to referrals, intakes, reporting, and finance, Litify is designed to help firms stay relevant in an industry with a growing need to consistently generate ROI from accounts. Our data-driven software has some truly unique features that help us stand out from the competition, including unlimited extensibility via the Salesforce app, dynamic questionnaires, and a referral app to streamline your business.

Business Technology for the 21st Century Law Firm

Litify is focused on product enhancements, including stepped-up customer support and more fine-tuned software. Partnering with Fortress gives Litify the capital needed to continue to deliver best-in-class legal technology solutions and to spread our vision of business technology for the 21st-century law firm. To see Litify in action, schedule a free demo.

Team Litify
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