CHICAGO–(BUSINESS THREAD)–Litera, a global leader in legal technology solutions, today announced that it has acquired BigSquare, a leading provider of financial and business intelligence (BI) for law firms. Adding BigSquare to Litera’s portfolio of solutions will enable law firms to make better financial decisions with instant access to financial data and insights.
BigSquare’s BI software retrieves, analyzes and visualizes financial data in an elegant and highly configurable financial intelligence dashboard that is easy to digest and understand. Lawyers and management teams can leverage the practical knowledge themselves, reducing the need to hire or rely on specialists to interpret the data. As a 100% cloud-based solution, BigSquare is accessible from anywhere.
“Shearman & Sterling has used BigSquare to help create and foster a transparent culture. Their fully configurable, cloud-based technology is very robust and secure. Initial implementation took only months compared to many years with other vendors in the market” , says Meredith Williams-Range, director of client insight and value at Shearman & Sterling LLP. “Two key things make BigSquare stand out. First, we can configure the dashboard to fit our specific needs without the need for engineers. Second, the system is completely cloud-based. BigSquare helps make the “Shearman’s goal is to provide technology on any device, anytime, anywhere.”
Commenting on the deal, Litera CEO Sheryl Hoskins said: “Law firms continue to look to cloud-based solutions, including financial BI. We view BigSquare as a strategic and valuable addition to Litera’s Firm Intelligence portfolio to deliver what customers are looking for in data and insights accessible anywhere.”
BigSquare will scale by leveraging Litera’s global networks, partners and expanding its footprint among the largest law firms. The long-term goal is to incorporate BigSquare’s expertise into Litera’s Firm Intelligence product suite so that its 800,000 users worldwide gain valuable business intelligence and insights from Foundation data, pricing information and budgets from Clocktimizer and marketing intelligence from Concep.
Dan Pasquarelli, founder and president of BigSquare, said: “We are delighted with the acquisition and the addition of BigSquare to Litera’s portfolio will enable them to provide their clients with the financial dashboards they need to manage high performing businesses “.
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Litera has been at the forefront of legal technology for more than 25 years. As a global leader in AI-powered due diligence review and analysis, collaboration and data management solutions, Litera provides legal teams with streamlined technology to create, analyze and manage their documents, agreements, cases and data. Litera’s solutions help law firms and corporate legal teams around the world work more efficiently, accurately and competitively. To learn more about Litera, visit litera.com or follow the company LinkedIn.
BigSquare delivers true self-service office business intelligence (BI) to attorneys and legal professionals, displaying key business metrics by role in an intuitive and easy-to-use business application interface. It offers three core products, designed and built with a strict Microsoft stack, resulting in seamless integration. All applications are highly configurable through BigSquare’s inherent administrative console, allowing business administrators to easily tailor custom views and content to specific target audiences. To learn more about BigSquare, visit bigsquare.com or follow the company LinkedIn.