Talk:Litera (company)

Latest comment: 1 year ago by Kingapresa in topic Recommended change to introductory paragraph

Suggested changes to Infobox edit

  • What I think should be changed (include citations):

I'm currently a marketing director at Litera and wanted to update information in the Infobox that is inaccurate:

Litera [1][2]
Company typePrivately Held Company
IndustryComputer Software, IT
Founded1995
Headquarters
Key people
Sheryl Hoskins
(Chief Executive Officer)[3]
Number of employees
1,000
Website[1]
  • Why it should be changed:
  • The information in the infobox is inaccurate.
  • The name of the company is now "Litera" (no accent on "e") after the merger of Litéra, Microsystems, XRef and The Sackett Group.
  • The corporate headquarters are in Chicago, IL [4]
  • Litera has hired a new CEO and she should be added as a key person.[5]
  • The key people currently listed in the Infobox are no longer in that role or at the organization.
  • The company has grown in size due to merger and acquisition activity and now has approximately 1000 employees.[6]

WebManagerAtLitera (talk) 18:13, 19 April 2022 (UTC)Reply

  Done @WebManagerAtLitera While I did not contribute to the request changes, it look likes every request here has been added in to the article since this was asked for. Kingapresa (talk) 01:39, 17 June 2022 (UTC)Reply

References

Recommended change to introductory paragraph edit

  • What I think should be changed (include citations):

I'm a marketing director at Litera and want to correct some factual inaccuracies. I recommend changing the introductory paragraph to the following:

Litera is an American multinational technology company headquartered in Chicago, Illinois. Litera primarily develops software for law firms in four key areas: document drafting, transaction management, litigation management, and firm intelligence.

  • Why it should be changed:

The description uses past tense but the company still exists as "Litera" (no accent on "e") after the merger of Litéra, Microsystems, XRef and The Sackett Group.[1][2][3]

WebManagerAtLitera (talk) 18:27, 19 April 2022 (UTC)Reply

  Not done @WebManagerAtLitera Neither sentence you want to add here is sourced. It looks like the 3 sources here are only to back-up the company's name change. Could you reply with appropriate sources for the two recommended introductory sentences? Kingapresa (talk) 02:33, 17 June 2022 (UTC)Reply
@WebManagerAtLitera This edit request was declined since it's been over a week without a response and these two sentences need reliable sourcing. Kingapresa (talk) 14:02, 26 June 2022 (UTC)Reply

Recommendation to add section about company history edit


  • What I think should be changed (include citations):

I'm a marketing director at Litera. I recommend adding a factual history of Litera in a new section:

History edit

Litera was initially founded in 1995 in Chicago, Illinois, as Microsystems. The company quickly grew from its initial focus on a specialty solution—helping law firms transition from WordPerfect to Microsoft Word—to a broader emphasis on helping lawyers perfect their documents. In September 2016, Microsystems merged with XRef, a UK-based software company that designed proofreading software.[1] Avaneesh Marwaha, who formerly served as chief operating officer at Nexonia and Keno Kozie, was named CEO of Microsystems in 2016.

In August 2017, four document-focused companies merged to create Litera Microsystems: Microsystems, Litéra, XRef, and the Sackett Group.[2][3] The merger was backed by K1 Investment Management, an investment firm focused on enterprise software companies globally. K1 invested over $100 million in the deal. [4]

In May 2019, K1 Investment Management sold Litera Microsystems to Hg Capital Trust, and the company was rebranded as Litera.[5] Since then, Litera has embarked on a comprehensive growth strategy, acquiring legal technology providers from around the globe to establish four discrete business units: document drafting, transaction management, litigation management, and firm intelligence.[6]

Litera has added to its initial document drafting technology with the acquisitions of Best Authority (2020), Bestpractix (2020), and DocsCorp (2021).[7][8][9]

Litera expanded beyond document drafting into transaction management when it acquired Doxly and Workshare in 2019 to create the Litera Transact platform.[10][11]

In 2021, Litera launched its litigation management platform, Litera Litigate, through the acquisitions of Kira Systems, artificial intelligence-based contract review and analysis software, and Allegory Law, a cloud-based litigation platform designed for complex, document-intensive litigation.[12][13]

Also in 2021, Litera acquired the Foundation Software Group to form its firm intelligence business unit.[14] A series of supporting acquisitions followed, including Clocktimizer, a budgeting and pricing platform; Objective Manager, a strategic planning, performance management, and talent engagement platform: and Concep and truelogic, B2B relationship marketing technologies.[15][16][17]

Litera is continuing to grow its business with the acquisitions of invoice processing and shipping specialist PS/Ship and collaboration manager Prosperoware in January 2022.[18][19]

In 2022, Sheryl Hoskins, who formerly served as chief operating officer at Upserve, was named CEO.[20]

Today, Litera is a multinational company with around 1,000 team members. Its offices span the globe from the United States to Toronto, Canada; Sydney, Australia; Ahmedabad, India; London, England; Utrecht, the Netherlands; and Chernigov, Ukraine.

  • Why it should be changed:

The company has changed substantially from what is described currently and these changes could be of factual interest to the Wikipedia audience. The original Litera went through a merger with Microsystems, XRef, and the Sackett Group in 2017 and has since acquired thirteen additional companies. I recommend including a timeline of acquisitions to provide a more accurate representation of the company to date.


WebManagerAtLitera (talk) 20:03, 19 April 2022 (UTC)Reply

Since this would be a considerable addition to the article, might we get a consensus from regular contributors if the history section outline above would be an acceptable addition? I would assume that since it has been nearly 2 months since this edit request has been submitted, there aren't enough contributors really here, except I would just like to make sure. I can work on this; there might be a few concerns in regards to neutrality just from me skimming through, but otherwise the sources looks generally acceptable. If no discussion spawns here within a few days, I will start trying to implement what I can. At that time I'd assume that there aren't enough regular contributors to check if the proposed information will be correct when implemented, and I'll go ahead myself to figure from the sources if it is. Thanks Kingapresa (talk) 02:45, 17 June 2022 (UTC)Reply
Most of this section has missing or weak sourcing from industry blogs, and the sources that are acceptable (i.e. Law.com) need to be updated correctly to include the publication date, publication name, author, etc. before publishing. A lot of the marketing language needs to be replaced in order for it to be neutral in tone i.e. " Its offices span the globe", "launched," "expanded" etc.Oceans87 (talk) 21:00, 21 June 2022 (UTC)Reply
@Oceans87 I agree, none of the sources seem to have been properly cited. I can work on replacing the marketing language, filing in the source info, and trying to find new articles for the ones that are weaker sources. If this work is done, would you say the information as a whole would be an acceptable addition? Or would be best course of action be to deny this and ask them to resubmit an edit request with a better citing job and more neutral wording? Kingapresa (talk) 03:00, 22 June 2022 (UTC)Reply
@KingapresaIt's a lot of work - in my opinion they should resubmit. They need to look at WP:GA for comparable articles. Oceans87 (talk) 16:18, 22 June 2022 (UTC)Reply
@Oceans87 Okay. I have declined this edit request with the rationale founded from this discussion. Thanks Kingapresa (talk) 13:49, 26 June 2022 (UTC)Reply

References

  1. ^ Exclusive: Microsystems Merges With XRef—Legal IT Insider (legaltechnology.com)
  2. ^ K1 Acquires Litera and Sackett Group to Add to Microsystems and XRef Stable
  3. ^ Trending: Litera Microsystems Unveils Name, CEO and Product Roadmap—Legal IT Insider (legaltechnology.com)
  4. ^ Breaking: $100 Million Investment Combines Litéra, Microsystems, XRef, and The Sackett Group
  5. ^ Hg Invests in Litera Microsystems
  6. ^ HgCapital Trust PLC: Litera Secures Further Investment From Hg
  7. ^ Litera Acquires Levit & James Table of Authority Plug-In Best Authority
  8. ^ Litera Acquires AI-Powered Contract Drafting Platform Bestpractix | LawSites (lawsitesblog.com)
  9. ^ Breaking News: Litera Acquires DocsCorp
  10. ^ Litera Microsystems Acquires Lawyer-Founded Startup Doxly
  11. ^ Litera Acquires Document Manager Workshare, Two Months After New Investment
  12. ^ Breaking news: Litera acquires the lion’s share of Kira Systems
  13. ^ Litera to Focus on Legal Workspaces With Acquisition of Allegory Law—Legal IT Insider (legaltechnology.com)
  14. ^ Litera Acquires Foundation Software Group to Create Firm Intelligence Business Unit
  15. ^ Litera Continues Acquisition Spree With Business Intelligence Platform Clocktimizer
  16. ^ Litera Acquires UK Goal-Setting Software Company Objective Manager
  17. ^ Litera Acquires Concep to Help Firms Grow With Data-driven Insights About Their Client Engagements
  18. ^ Litera Buys Shipping and Invoice Management and Processing Specialist PS/Ship
  19. ^ Litera Acquires Collaboration Manager Prosperoware, Continuing M&A Run
  20. ^ Litera Selects New CEO Sheryl Hoskins

Accent? edit

The company website doesn't seem to use an accent on the "e". Is this article at right title? PamD 06:39, 26 April 2022 (UTC)Reply

  Resolved

I see from the above that the company does not use the accent, so have moved the article. PamD 09:20, 26 April 2022 (UTC)Reply

@PamD: surely this is the primary topic. La Litera has natural disambiguation. What else is there? -- Fyrael (talk) 12:22, 26 April 2022 (UTC)Reply
Wrong logic: it's "is this what the vast majority of readers will want if they type 'Litera'?". A redirect can be a primary topic in some circumstances. I'm not convinced this company is the primary topic for the word. But the discussion takes place elsewhere, at Wikipedia:Requested_moves#Contested_technical_requests. PamD 15:25, 26 April 2022 (UTC)Reply