The legal technology company Litera has acquired Lynch Marks LLC, a California company that is the developer of PS/Ship, a provider of software for management of shipping and invoicing for law firms and professional services firms.
Litera says the acquisition adds another piece to its platform for law firms looking to solve more problems facing their legal teams through a single technology partner integrating with their broader systems.
In a statement provided by Litera, CEO Avaneesh Marwaha said that the acquisition would “expand client services and deliver on organizational growth.”
“The Lynch Marks team built a great suite of products with strong customer relationships,” Marwaha said. “We are excited to build on Lynch Marks’ ability to link front-office functions and back-office processes, making invoice processing, shipping and inbound package tracking faster, easier, and less expensive for Litera’s global customers.”
PS/Ship says that firms that use its software to streamline shipping and invoice workflow management can reduce their total shipping costs by 30%.
Users can ship and manage packages and invoices directly from the desktop, whether from in the office or remotely, and properly allocate these costs to the appropriate matter or cost center.
“We are thrilled to join the Litera family and excited by their vision of creating a platform that provides firms with all the tools they need to efficiently run a law firm,” said Nick Adams, PS/Ship general manager. “PS/Ship is critical to law firms’ invoice processing and shipping processes and will complement Litera’s core desktop workflows and deep understanding of legal operations.”
Terms of the deal were not disclosed. Lynch Marks will continue to operate as a standalone business until the second half of 2022 under Adams’ leadership.
This marks Litera’s 13th acquisition over the past two years. Others were:
Litera has made a series of notable acquisitions over the past two years. The company says there have been 12. I list 11, so I’m not sure which one I’m missing:
- AI contract analysis platform Kira Systems in August 2021.
- Relationship marketing company Concep in August 2021.
- Goal-setting software company Objective Manager in July 2021.
- Clocktimizer in April 2021, which tracks and analyzes law firm billing data.
- DocsCorp in March 2021, a document productivity company.
- Firm intelligence company Foundation Software in January 2021.
- Litigation management platform Allegory Law in August 2020.
- AI contract drafting platform Bestpractix in June 2020.
- Table-of-authorities generator Best Authority in March 2020.
- Deal-management platform Doxly in August 2019.
- U.K. company Workshare in July 2019.
- Truelogic, developer of email marketing platform CampaignBreeze (not sure of date of acquisition).
