1 00:00:06,367 --> 00:00:12,002 Welcome LawNext PR, the podcast where we put a spotlight on the latest news coming out of the legal tech industry. 2 00:00:12,002 --> 00:00:13,373 This is Bob Ambrogi. 3 00:00:13,373 --> 00:00:20,719 And in each sponsored episode of LawNext PR, I interview a legal tech company about its latest news and developments. 4 00:00:20,960 --> 00:00:29,306 Today, we're talking with the company Litera about its recent announcement of a global integration of Litera Compare with Google Workspace. 5 00:00:29,547 --> 00:00:34,483 Joining me to discuss this and tell us all the details is Kenneth Pechous 6 00:00:34,483 --> 00:00:40,348 Global Head Business Development and Alliances at Litera Ken, welcome to the show. 7 00:00:41,032 --> 00:00:42,524 Hey, Bob, thanks for having me. 8 00:00:42,524 --> 00:00:44,295 Really excited to be here. 9 00:00:44,863 --> 00:00:52,559 So I gave a little bit of a tease here of the news, but why don't you give us some more details on what it is that you've announced here. 10 00:00:52,938 --> 00:00:55,349 Yeah, Bob, thanks again for the opportunity. 11 00:00:55,349 --> 00:01:06,076 And we're extremely excited here at Litera to announce that we've built an integration with Google Workspace, which will include Google Docs and Google Drive in the initial 12 00:01:06,076 --> 00:01:06,466 release. 13 00:01:06,466 --> 00:01:17,725 And so our Compare product, which is trusted by over 15,000 firms, legal departments of corporations globally for over 30 years, is now available in Google Workspace. 14 00:01:17,725 --> 00:01:20,566 So now legal teams can perform. 15 00:01:20,672 --> 00:01:26,417 all their precise document comparing redlining without having to leave Google Docs or Google Drive. 16 00:01:26,417 --> 00:01:33,485 And of course, it's all AI enabled with agentic AI guiding these legal professionals through their workflow processes. 17 00:01:33,485 --> 00:01:36,954 this includes the Lido AI as well, right? 18 00:01:36,954 --> 00:01:40,406 Yeah, yeah, Lido's at the front of everything that we do. 19 00:01:40,406 --> 00:01:50,390 And so when customers get this integration, and again, these are joint Google Drive slash Litera customers Compare, they automatically get Lido included. 20 00:01:50,390 --> 00:02:01,777 And again, that's our agentic AI guide to help legal professionals expedite and be very efficient and precise and accurate with their document comparisons and redlining 21 00:02:01,777 --> 00:02:02,438 functions. 22 00:02:02,438 --> 00:02:09,725 And I know what Compare does you know what Compare does but if there's anybody watching this right now who maybe isn't familiar with the product before can you give us kind of a 23 00:02:09,725 --> 00:02:11,908 quick description of what Compare does 24 00:02:12,232 --> 00:02:14,053 Yeah, Bob, great question. 25 00:02:14,053 --> 00:02:19,165 And let me give you a particular use case that's available now in the integration. 26 00:02:19,165 --> 00:02:28,240 So let's say that I'm an attorney at a corporation and I'm working on behalf of a client and I have to do some document comparisons. 27 00:02:28,240 --> 00:02:30,592 It might be a merger and acquisition play. 28 00:02:30,592 --> 00:02:38,204 I can go right now into my Google Drive and right click on the drive and bring up the relevant documents into my view. 29 00:02:38,314 --> 00:02:39,765 that I need to Compare in Redline. 30 00:02:39,765 --> 00:02:42,487 It might be several different versions of the same document. 31 00:02:42,487 --> 00:02:47,090 It might be documents that we're trying to merge into one master terms and conditions. 32 00:02:47,090 --> 00:02:51,574 So as a functioning attorney, I bring this all up into one workspace. 33 00:02:51,574 --> 00:03:02,702 And through AI, I'm able to go through those Redlines and those edits all in one panel or one pane and go through all the processes that I need to to get to a next revision of that 34 00:03:02,702 --> 00:03:03,344 document. 35 00:03:03,344 --> 00:03:05,908 And a use case that we like to, you 36 00:03:05,908 --> 00:03:10,344 purvey here is that usually sometimes these instances can take up to five hours to do. 37 00:03:10,344 --> 00:03:16,940 We've reduced that through AI, Lido, and the integration of Compare to a Google Workspace down to less than five minutes in some cases. 38 00:03:16,940 --> 00:03:19,223 So very precise and very accurate. 39 00:03:19,223 --> 00:03:24,559 So it's all about productivity from a lawyer or a legal person's perspective. 40 00:03:24,559 --> 00:03:29,714 So of course, Compare has long been available for Word and Outlook. 41 00:03:29,714 --> 00:03:38,320 When I saw this news, one of the questions I immediately wondered was how widespread is the use of Google Workspace in the legal profession? 42 00:03:38,320 --> 00:03:40,032 What's your sense of that? 43 00:03:40,032 --> 00:03:43,052 Yeah, Bob, that's a great insight. 44 00:03:43,472 --> 00:03:50,832 so traditionally, the AMLAW 200, the largest law firms in the world, have been very Microsoft-centric. 45 00:03:51,072 --> 00:03:56,072 They just grew up using Microsoft tools, of course, Word and the entire MS 365 suite. 46 00:03:56,192 --> 00:03:59,332 And frankly, that's where Litera got its growth from. 47 00:03:59,332 --> 00:04:04,772 And that's where we focused our development and our product features. 48 00:04:04,772 --> 00:04:10,033 But if you look at the TAM, the Total Addressable Market for Legal Tech, 49 00:04:10,033 --> 00:04:20,649 software, specifically, you know, in this case, Litera Compare, there's a huge on tap market in corporations, you know, so think about tech firms, think about manufacturing, 50 00:04:20,649 --> 00:04:25,011 big pharma, a lot of these companies are standardized on the Google suite. 51 00:04:25,011 --> 00:04:32,314 And so we look at that as an opportunity for us to land and expand and grow, you know, our penetration into those marketplaces. 52 00:04:32,314 --> 00:04:38,158 And because we have such a great partner in Google, they've worked very closely with us along building out this integration. 53 00:04:38,158 --> 00:04:45,913 we feel there's a lot of synergy in the marketplace for their sales organizations and our sales organization to combine efforts and Co-sell and things like that. 54 00:04:45,913 --> 00:04:50,237 So the market is ready for us and we see this as a huge expansion opportunity for us. 55 00:04:50,237 --> 00:04:56,721 That's the main use case and reason why we put the engineering effort and the product development effort into building this integration. 56 00:04:57,519 --> 00:05:03,163 I take it that's largely, that's more on the corporate legal side than the law firm side. 57 00:05:03,163 --> 00:05:08,067 Perhaps, are you also saying law firms begin to use Google Workspace at all? 58 00:05:08,511 --> 00:05:09,802 Yeah, absolutely. 59 00:05:09,802 --> 00:05:20,319 It's starting to become a more balanced approach, you know, and not only that on the Word document or, you know, versus Google Docs side of the play, but also the infrastructure, 60 00:05:20,319 --> 00:05:21,970 the hyperscaler marketplace. 61 00:05:21,970 --> 00:05:26,713 You know, you're seeing a lot of Google Cloud, you know, expansion to match that of Azure. 62 00:05:26,713 --> 00:05:28,558 And so you're seeing that play in the marketplace. 63 00:05:28,558 --> 00:05:36,799 And so a lot of companies are looking at the best opportunity for their companies to get the best technology, the right place at the right time, at the right cost. 64 00:05:36,799 --> 00:05:43,602 And so, yeah, we're starting to see that happen within traditional law firms, but you nailed it when you said corporations. 65 00:05:43,602 --> 00:05:53,637 So think about in-house counsel, legal operations, and in some regards, universities, law schools that are very standardized on Google, big opportunity for Litera to grow in those 66 00:05:53,637 --> 00:05:54,537 spaces. 67 00:05:55,221 --> 00:05:55,522 Great. 68 00:05:55,522 --> 00:06:03,013 You mentioned that this integration is with Google, with workspace, with Drive and with Doc documents. 69 00:06:03,013 --> 00:06:09,702 Does that suggest that there may be further Google workspace integrations such as with Gmail or? 70 00:06:10,151 --> 00:06:11,682 Yeah, absolutely. 71 00:06:11,682 --> 00:06:16,245 With Gmail, really across the entire Google Workspace Suite. 72 00:06:16,245 --> 00:06:22,048 And this first use case that we've built out is more of a land and expand kind of mindset. 73 00:06:22,048 --> 00:06:30,113 And so we want to get some wins and some traction around the Google Drive and the Google Docs side of the equation, but Google Sheets across the board in the suite. 74 00:06:30,113 --> 00:06:34,557 And then even expanding further potentially into Google Cloud Platform. 75 00:06:34,681 --> 00:06:39,686 other areas within Google where there might be some opportunities for our organizations to partner. 76 00:06:39,686 --> 00:06:47,383 But yeah, think I said land and expand, prove out this first use case, which we're seeing a lot of traction in the marketplace already, and we're very excited about, and then we 77 00:06:47,383 --> 00:06:48,285 can take it from there. 78 00:06:48,285 --> 00:06:59,525 So I know you touched on this a little bit in your earlier remarks, but I wonder if you could talk a little bit more about kind of what is the, what's the pain point or the 79 00:06:59,525 --> 00:07:03,905 workflow pain point that this addresses for legal teams? 80 00:07:04,383 --> 00:07:10,008 Yeah, it, you number one, it's, it's, it's productivity and velocity. 81 00:07:10,008 --> 00:07:21,655 you know, Gone are the days, I believe are the honeymoon of, just checking the box for AI enabled workflow tools that, you know, legal firms use, to better their opportunity 82 00:07:21,655 --> 00:07:24,637 around, you know, streamlining contracting processes. 83 00:07:24,637 --> 00:07:33,144 You know, now it's all about, you know, how to lawyers spend quality time at the next level and then taking that time and to actually then do 84 00:07:33,144 --> 00:07:39,897 what lawyers do, you know, instead of just spending time and reviewing and editing documents, they're out actually doing the practice of law. 85 00:07:39,897 --> 00:07:43,358 And so it's freeing up their time to focus on their clients. 86 00:07:43,358 --> 00:07:45,268 And I think that's the big use case here. 87 00:07:45,268 --> 00:07:52,870 You know, it's all about outcomes for the clients, the clients of the law firms and the clients, you know, of the corporations in-house counsel. 88 00:07:52,870 --> 00:08:01,653 So if you think of an in-house counsel team, you know, their clients are usually the lines of business within that corporation to get contracts out more quickly, to negotiate 89 00:08:01,653 --> 00:08:02,471 potential. 90 00:08:02,471 --> 00:08:03,812 mergers and acquisitions. 91 00:08:03,812 --> 00:08:08,896 So it's all about rapid deployment, using AI and streamlining efficiencies. 92 00:08:08,896 --> 00:08:12,020 That's the number one pain point in the marketplace. 93 00:08:12,020 --> 00:08:17,789 And of course, the people that, you know, hired law firms, they're looking for those outcome driven results. 94 00:08:17,789 --> 00:08:24,935 And so I think, you know, again, to reiterate, gone are the days of just testing the waters with AI to check the box that you've done that. 95 00:08:25,115 --> 00:08:30,091 Companies are looking for real hard, fast results that are most importantly, 96 00:08:30,091 --> 00:08:31,202 reliable and accurate. 97 00:08:31,202 --> 00:08:41,199 And I think that's been a little bit of the apprehension is can we rely on these AI models, agentic or large learning models to make sure that the work that our attorneys 98 00:08:41,199 --> 00:08:46,824 provide for our clients is accurate and can be, you know, battle tested in the courts, things like that. 99 00:08:46,824 --> 00:08:48,159 So yeah. 100 00:08:49,055 --> 00:08:58,472 Then just to expand more on another point you touched on earlier is the fact that those who use Compare with Google Workspace are also going to get access to Lido. 101 00:08:58,472 --> 00:09:00,963 So how do Compare and Lido work together? 102 00:09:00,963 --> 00:09:04,205 How do they complement each other or integrate with each other? 103 00:09:04,286 --> 00:09:15,108 Yeah, so at the core of the current versions of Compare, which is in the cloud, we've built our foundational AI model into the actual tool. 104 00:09:15,108 --> 00:09:22,614 And so when you open it up, you automatically see the AI agent, Lido, in your purview within your screen. 105 00:09:22,614 --> 00:09:25,357 And you can ask Lido questions on demand. 106 00:09:25,357 --> 00:09:29,191 Lido will automatically peruse the work that you're actually doing within. 107 00:09:29,191 --> 00:09:33,343 the Compare tool in a Google workspace and then make suggestions as you're moving along. 108 00:09:33,343 --> 00:09:39,205 And you can actually just have it do all of the editing work for you depending on how far you want to take it. 109 00:09:39,205 --> 00:09:41,727 So it is that, you know, it's your best friend right there. 110 00:09:41,727 --> 00:09:44,989 It comes, like I said, baked into the core of the product going forward. 111 00:09:44,989 --> 00:09:47,639 And it's GA once you buy the software. 112 00:09:47,639 --> 00:09:51,832 You know, there's no, you know, there's no additional, you know, script that you have to download. 113 00:09:51,832 --> 00:09:54,603 There's no additional SKU that you have to buy. 114 00:09:54,603 --> 00:09:56,573 It's all baked into the product. 115 00:09:56,759 --> 00:09:57,761 Yeah. 116 00:09:57,761 --> 00:10:02,038 Somebody watching this might think, well, if I'm in workspace, I've already got Google Gemini. 117 00:10:02,038 --> 00:10:06,055 Why would I need Lido or some other product out there? 118 00:10:06,409 --> 00:10:08,440 You know, that's a great question. 119 00:10:08,440 --> 00:10:18,445 And, you know, my observation is that, you know, there's a lot of competitive AI technologies out there in any given platform. 120 00:10:18,445 --> 00:10:23,378 In fact, I was at the Google Next conference and, you know, Gemini, of course, was the main talk of the town. 121 00:10:23,378 --> 00:10:31,003 But then you had, you know, big companies like, you know, Anthropic with a gigantic booth presence and walking the floors of the show. 122 00:10:31,003 --> 00:10:32,484 So I think there's some overlap. 123 00:10:32,484 --> 00:10:36,527 There's a lot of room for those technologies to complement each other. 124 00:10:36,527 --> 00:10:39,532 I don't think there's ever going to be just a clear cut one winner. 125 00:10:39,532 --> 00:10:49,137 And if you look at the way we're building our AI technology, some of it's native and some of it is, you know, from an OEM perspective, leveraging those big AI native foundational 126 00:10:49,137 --> 00:10:51,399 platforms to build it into our technology. 127 00:10:51,399 --> 00:10:57,703 you know, people do ask that question, but if you look at the ecosystem, there's absolutely use cases where they overlap. 128 00:10:57,703 --> 00:11:07,483 So if somebody is interested in implementing this integration between Compare and Google Workspace, how do they do that? 129 00:11:07,483 --> 00:11:08,844 What do they have to do? 130 00:11:09,307 --> 00:11:12,629 Yeah, so, well, of course, there's the commercial aspect of it. 131 00:11:12,629 --> 00:11:24,387 They have to procure the Compare licenses, which, by the way, this integration, which is a SKU that will be available on the Google Marketplace, will be available for download once 132 00:11:24,387 --> 00:11:26,809 you purchase the license key for Compare. 133 00:11:26,809 --> 00:11:33,573 So automatically, like I said, customers will get that part of the equation, the AI enablement within Compare. 134 00:11:33,679 --> 00:11:37,876 And for companies that are outside of the Google workspace, it's the same thing. 135 00:11:37,876 --> 00:11:39,349 Compare has Ledo baked into it. 136 00:11:39,349 --> 00:11:40,244 So it's really easy. 137 00:11:40,244 --> 00:11:50,080 they're already a Litera customer or want to become one, they'd first go through that commercial aspect and then it would be available to them within the workspace marketplace. 138 00:11:50,098 --> 00:11:51,560 Yeah, absolutely. 139 00:11:51,560 --> 00:11:52,481 That's the way to go. 140 00:11:52,481 --> 00:12:03,684 you know, we're working on doing the market penetration and the go-to-market enablement for both Google on the workspace side, you know, their revenue generating organization, 141 00:12:03,684 --> 00:12:06,677 and the same thing with our revenue generating organization. 142 00:12:06,677 --> 00:12:14,274 So we're combining efforts to, you know, to get the word out on the street and to train our respective sales forces on how to position the solution. 143 00:12:14,475 --> 00:12:15,026 Yeah. 144 00:12:15,026 --> 00:12:18,741 And is there any are there any conditions as to as to document type? 145 00:12:18,741 --> 00:12:20,343 I Google Doc, Word doc. 146 00:12:20,343 --> 00:12:23,226 Does it it does it matter at all in terms of using this? 147 00:12:23,403 --> 00:12:25,106 It really doesn't matter. 148 00:12:25,106 --> 00:12:33,542 In fact, you can have Word docs in Google Drive, and they'd be brought up from the right-click capabilities within Compare. 149 00:12:33,542 --> 00:12:35,754 So it doesn't really matter what kind of document. 150 00:12:35,754 --> 00:12:41,179 And that goes for Excel, that goes for Sheets, that goes for Slides, all the above. 151 00:12:41,179 --> 00:12:45,142 The whole Google workspace will be enabled through this technology. 152 00:12:45,238 --> 00:12:46,048 Yeah. 153 00:12:46,289 --> 00:12:53,197 Well, I mean, it sounds like it sounds like a really significant and major expansion for Compare. 154 00:12:53,197 --> 00:12:54,838 I've been peppering you with questions. 155 00:12:54,838 --> 00:12:59,342 What else would you like listeners to know about this new integration? 156 00:12:59,769 --> 00:13:05,614 Yeah, well, you know, obviously AI is, you know, the hot topic of the world front and center. 157 00:13:05,614 --> 00:13:14,800 You know, you go to these big events like Google Next and you see just a myriad of new sponsors and vendors that didn't exist three or four years ago. 158 00:13:14,800 --> 00:13:25,171 And, you know, going back to my earlier comment, you know, the way we look at AI here at at Litera is that, you know, we we have the mindset that the honeymoon is over. 159 00:13:25,171 --> 00:13:26,753 you know, within the legal space. 160 00:13:26,753 --> 00:13:35,972 Law firms, in-house counsel at companies, you know, they're no longer just checking the box, like I said, and going through the motion of buying an AI solution because it's what 161 00:13:35,972 --> 00:13:38,845 their customers demand or what their board of directors demands. 162 00:13:38,845 --> 00:13:44,750 They really need to see true time savings and monetary savings by using these tools. 163 00:13:44,750 --> 00:13:51,676 The ROI is a little bit hard to measure right now, but we feel that the way we've taken AI and rolled it into 164 00:13:51,886 --> 00:13:55,458 almost our entire product suite, there's a few things that are coming along. 165 00:13:55,458 --> 00:14:06,182 This is really the way that we're going to help customers take and leverage that 30 years of deep business rule expertise that Litera brings to the table, coupled with a really 166 00:14:06,182 --> 00:14:16,117 smart and efficient AI strategy to bring the technologies to the customer that are going to drive ROI, cost savings, which will make law firms more sticky, if you will, and expand 167 00:14:16,117 --> 00:14:18,272 within their customer and their client bases. 168 00:14:18,272 --> 00:14:21,412 That is the takeaway that I would love everybody to understand. 169 00:14:21,412 --> 00:14:35,032 again, traditional law firms, Microsoft shops, traditional corporations with in-house counsel and legal operations, most standardized on the Google platform, huge opportunity 170 00:14:35,032 --> 00:14:36,292 for us to grow. 171 00:14:36,292 --> 00:14:43,052 And then to your point earlier, law firms are also looking at the Google suite as well, and they're expanding into that technology. 172 00:14:43,052 --> 00:14:46,928 really, to us, was something that we had to do. 173 00:14:46,928 --> 00:14:49,832 And Google has been a fantastic partner along the way. 174 00:14:49,832 --> 00:14:52,658 I know they're very bullish on the relationship as well. 175 00:14:52,658 --> 00:14:56,561 And we're going to take this first use case and expand it from there. 176 00:14:56,561 --> 00:14:58,394 But we're very excited, like I said, about what we're 177 00:14:58,394 --> 00:15:03,365 Well, it's exciting news and I really appreciate your coming on the show and telling us about it today. 178 00:15:03,581 --> 00:15:04,422 Yeah. 179 00:15:04,422 --> 00:15:05,332 Bob, thanks a lot. 180 00:15:05,332 --> 00:15:09,847 really appreciate the opportunity to get the message out there. 181 00:15:09,847 --> 00:15:15,171 And if there's follow up from this conversation that you have with me, please go ahead and ping me. 182 00:15:15,171 --> 00:15:18,223 I'd be more than happy to talk about the solution in general. 183 00:15:18,223 --> 00:15:23,677 And hopefully, if we meet again sometime in the future, I can talk about all the wins that we've had in this space. 184 00:15:24,321 --> 00:15:24,651 do that. 185 00:15:24,651 --> 00:15:33,042 But as for those watching this recording or listening to this recording, should they just go if they don't already have a relationship with the terror and they want to find out 186 00:15:33,042 --> 00:15:34,503 more, how do they do that? 187 00:15:34,900 --> 00:15:41,280 Yeah, you know what, I'll, you know, being the head of business development and alliances, you know, I'll put my info out there. 188 00:15:41,280 --> 00:15:44,425 And if people want to reach out to me directly, that's fantastic. 189 00:15:44,425 --> 00:15:49,744 And, my email is kenneth.peckus at latera.com, or you can find me on LinkedIn. 190 00:15:49,744 --> 00:15:50,400 Ken, thanks so much. 191 00:15:50,400 --> 00:15:52,076 It's been a pleasure to talk to you. 192 00:15:52,076 --> 00:15:53,263 appreciate the time, like I said. 193 00:15:53,263 --> 00:15:54,608 Have a great afternoon. 194 00:15:54,801 --> 00:15:58,014 Yeah, and that's it for today's episode of Law Next PR. 195 00:15:58,014 --> 00:15:58,946 We hope you enjoyed it. 196 00:15:58,946 --> 00:16:05,512 If you did, please subscribe wherever you get your podcast or you can find us on YouTube at lawnext underscore PR. 197 00:16:05,833 --> 00:16:07,014 This is Bob Ambrogi. 198 00:16:07,014 --> 00:16:08,995 Until next time, thanks for joining us.