The latest salvo on agentic AI in the legal technology world comes from Litera, the US$300 million/year workflow company. Today (27 October) it formally launches Lito, an AI agent that is free to all Litera users. It helps lawyers through their workflows, from opening up Word, sending an email to drafting a contract and accessing their CRM systems.
Litera, which started off as a drafting company nearly 10 years ago has morphed through 20+ acquisitions into an end-to-end workflow solution for corporate lawyers. Lito helps it join these various solutions into a more seamless experience for the user.
Avaneesh Marwaha, Litera’s CEO uses this analogy to describe it. “If you imagine Litera as a restaurant, LiteraOne is the front door, and Lito is the host that saves you from walking around and choosing your meal. It delivers your choices to you and gives you the chance to maximise the time you spend there.”
With 15,000 customers, and one million daily users of its products, Lito gives them the ability to traverse the entire Litera ecosystem through solutions such as KIRA, Foundation 365 and Postilize. “Lito helps us empower the investments we have made over the years,” says Marwaha.
Lito has been in early usage for a month. Joshua Tan, a partner from Delta Law Corporation reports that it reduces the time spent on menial tasks and helps lawyers who are not so familiar with prompting LLMs bypass this stage with a “user-friendly interface.”
By Reena SenGupta
See also:
Litera unveils legal AI agent Lito: Interview with CEO Avaneesh Marwaha
The post Litera gets into the agentic AI game with formal Lito launch appeared first on Legal IT Insider.