Litera Acquires PS/Ship Invoice and Shipping Management and Processing Specialist

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CHICAGO–(BUSINESS WIRE)–Litera, a global leader in legal technology solutions, today announced the acquisition of California-based Lynch Marks, LLC and developers of PS/Ship. The acquisition adds another element to the Litera platform for law firms looking to solve more of the problems facing their legal teams with a single technology partner that integrates with their broader systems.

Avaneesh Marwaha, CEO of Litera, said the acquisition would “broaden customer services and support organizational growth. The Lynch Marks team has built an excellent suite of products with strong customer relationships. We’re excited to leverage Lynch Marks’ ability to link front-office functions and back-office processes, making processing invoices, shipping and tracking incoming packages faster, easier. and less costly for Litera’s global customers.

“We are thrilled to join the Litera family and excited about their vision to create a platform that provides firms with all the tools they need to effectively run a law firm. PS/Ship is essential to law firms’ invoice processing and shipping processes and will complement Litera’s core workflows and deep understanding of legal operations,” said Nick Adams, Managing Director of PS/Ship. .

“Litera is an ideal home for our customers, our products and our employees,” said Peter Marks, outgoing founder of Lynch Marks. “Their commitment to their clients’ success, cutting-edge technology and service to the legal community made them an obvious choice. I’m excited to see the next chapter unfold.

Businesses that rely on PS/Ship software can streamline shipping and billing workflow management across the enterprise, reducing total shipping costs by 30%. They can ship and manage packages and invoices directly from the office, whether in the office or remotely, and properly allocate those costs to the appropriate subject or cost center for efficient collection and accurate measurement of profitability. New Invoice Plus product launched in 2021 automates invoice processing for other multi-line, multi-disbursement invoices such as patent filings, legal research, attorney services, eDiscovery invoices and more – increasing cost recovery while dramatically reducing processing time.

Terms of the agreement were not disclosed. Lynch Marks will continue to operate as a stand-alone business through the second half of 2022 under Nick Adams, Managing Director.

About Litera

Litera has been at the forefront of legal technology for over 25 years. As the global leader in AI-based due diligence workflows, review and analysis, collaboration and data management solutions, Litera provides legal teams with streamlined technology to create, analyze and manage their documents, transactions, business and data. Litera’s solutions help law firms and corporate legal teams around the world work more efficiently, accurately and competitively to provide their clients with usable and actionable insights. For more information about Litera, visit litera.com or follow the company on LinkedIn.

About Lynch Trademarks

The Lynch Marks PS/Ship product suite is approved by the majority of AM 200 and many of the world’s leading companies and service organizations to provide a complete shipping management and invoice processing system. Its specialized tools work together to streamline shipping, package tracking, and invoice processing workflows across the customer’s business. For more information about PS/Ship, visit psship.com or follow the company on LinkedIn.

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