Legal tech legend, Litera, has ‘relaunched’ itself with its Lito agent as the principal point of focus, offering the ability to tap both its business of law and practice of law capabilities in one unified offering. Think Lord of the Rings, but for legal tech features.
As they explained: ‘Lito [is] embedded natively in Microsoft 365 and Google Workspace, [it] spans drafting, comparison, contract review, institutional knowledge, and client development – [there is] no separate tool to learn, no separate login, [and] no separate dataset.’
But, then you may ask: didn’t Lito already exist? The answer is yes, but what Litera is doing is refocusing the market’s attention on a single point of contact, and with which you can get value across the whole platform of the many different tools and features that they have accumulated, often via M&A, over the last decade.
In short, they’ve understood that many folks are a bit unsure what Litera offers, as it offers so much, while at the same time some are not aware of what AI skills they have and what not have. Kira is a classic example – born and bred in the NLP/ML world it now has a genAI coating on top, and also then connects into other tools, in some cases with LLM-based support, in others in a more deterministic way.
And that’s just one of their many offerings. So, how do you simplify this? How do you make it easy for people to use all this tech of varying formats? One single agent, is the answer. One agent to rule all features.
Plus, they are pressing hard on the deterministic aspect – an advantage they have. They added: ‘Deterministic Accuracy on High-Stakes Work – Litera’s redline algorithm, refined over three decades and 10 million comparisons a month, is rules-based and deterministic.
‘It doesn’t guess, and it doesn’t hallucinate the way probabilistic models can. For high-stakes work, firms confirm in every major benchmarking exercise that large language models do not match it.’
You get the message.
Avaneesh Marwaha, Chief Executive Officer, Litera, commented: ‘The practice of law and the business of law have run on separate systems for as long as firms have existed. That ends here: one agent, one dataset, every partner, associate, and business development lead working from the same intelligence.’
Adam Ryan, Chief Product Officer, Litera, added: ‘AI is table stakes. Trust is the moat. You can’t retrofit years of deterministic accuracy, and you can’t pilot your way into the Am Law 100.’
And here’s the boss with a short video message:
So, is this a big deal?
Well, it’s more of a marketing and brand awareness shift. Litera is not selling itself as a legal ‘everything store’, it’s more about how reliable…(hint, hint, deterministic) it is, and working across business data and legal needs, and as Gandalf would note, with one agent to rule them all.
So, not a new Litera as such if you take it apart, but certainly a new vision of how Litera is part of law firm life and how it connects to lawyers.
More about Litera here.
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Two Major Legal Innovators Conferences this November
Come and join us in New York and London this November at Legal Innovators!
Legal Innovators UK – London, Nov 4 and 5
And, then Legal Innovators New York – Nov 17 and 18.
After another fantastic Legal Innovators California, where we had speakers from OpenAI, Y Combinator, Google, Meta, and many more pioneering organisations; and our stellar inaugural event in Paris this June, we are now looking forward to the landmark conferences in London and New York, both in November, and both across two days: Law Firm Day, and Inhouse Day.
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