Litify adds high-profile trio including former Cravath presiding partner to advisory board
Allen Parker is joined by ex-nCino CFO Jeff Babka and Wollmuth Maher & Deutsch founder David Wollmuth
New York-based legaltech company Litify has added three high-profile legal professionals to its advisory board as it seeks to further expand its user base of law firms and in-house legal departments for its practice management software.
The trio is made up of former Cravath Swaine & Moore presiding partner Allen Parker, ex-nCino CFO Jeff Babka and David Wollmuth, founder and managing partner of mid-size law firm Wollmuth Maher & Deutsch. Parker, Babka and Wollmuth will advise Litify’s leadership on product and marketing.
Parker, who more recently served as general counsel at US bank Wells Fargo, said: “I joined the Litify team because I'm convinced that Litify’s approach to technology and software will revolutionise the legal industry. Nearly all organisations that deliver legal services – including law firms and legal departments – today employ an array of technology products that each addresses a discrete need.”
He added: “Litify enables these organisations to migrate to a single platform that integrates all those technologies and harnesses the power of automation and analytics so that each organisation can be much more efficient and deliver better client service.”
Babka, meanwhile, has been brought on board given his experience of growing nCino, a fintech company built on Salesforce’s platform – the same platform on which Litify operates.
Babka said: “When I was introduced to Litify, I was immediately reminded of the vision and opportunities we had at nCino. Litify solves a problem that has long been endemic to the legal industry: fragmented technology that cannot accommodate the unique nuances of law.”
Wollmuth joins the advisory board having adopted Litify’s technology for his firm.
He said: “After conducting extensive research on legal software, I found that Litify’s platform was light-years ahead of the competition. With the automation, transparency and integrations that Litify will provide us, I’m confident that Litify will help propel our future growth.”
The increased interest in legal technology comes amid a surge of investor interest in the sector. Earlier this year, Canadian legaltech firm Clio raised $110m in Series E funding, pushing its valuation to $1.6bn – making it the world’s first legal practice management unicorn. And last month, US legal tech provider Intapp, which counts 96 of the AM Law 100 as users, filed for a potential IPO.