Ep 293: Litera's Avaneesh Marwaha: The CEO Who Left Before AI and Returned to Lead Through It

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What happens when a CEO steps away from a legal tech company just before the generative AI revolution explodes, then returns two years later amid a landscape that is being dramatically transformed? For Litera's Avaneesh Marwaha, that is exactly what happened.

As the CEO of Litera from 2016 to 2022, Marwaha led the legal tech company through a remarkable period of expansion and diversification, including growing its global customer base by over 1,500% and its annual revenues by 1200%, and overseeing some 14 acquisitions that transformed the company's focus from document productivity to a broad range of legal workflows, ranging from transaction management and due diligence to litigation, firm intelligence, and more.

Marwaha stepped down as CEO in 2022 to become Litera's chairman, just before the tidal wave of gen AI swept over legal technology, and then, in a surprising move last October, he returned to the CEO role. On today's LawNext, Marwaha shares how he was drawn to return as the company's leader by the "perfect storm" of forces reshaping the legal industry of AI adoption, unprecedented legal tech investment, and evolving client expectations.

In today's conversation, Marwaha reveals how AI has fundamentally rewired Litera's internal operations – enabling his 1,000-person company to complete quarters' worth of development work in mere weeks and transforming everything from code generation to meeting management. He also shares his personal AI workflow, including how he uses Microsoft Copilot to review up to 20 meeting transcripts nightly, and explains why he requires every Litera employee to be using AI every day – and why he believes this mandate is reshaping the company's competitive edge.

In addition, Marwaha unpacks Litera's strategic shift from acquiring dozens of companies during his first tenure to now favoring internal development – a change driven largely by AI's ability to rapidly accelerate innovation cycle, and he discusses Litera's evolution into what he calls "the experience company" for law firms, and how this transformation reflects broader shifts in legal technology, where success increasingly depends on workflow integration rather than standalone solutions.

Marwaha was formerly on this podcast in 2020: LawNext Episode 68: Litera CEO Avaneesh Marwaha on Growth During A Crisis.

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