LiquidText

What Is LiquidText?

LiquidText is document analysis and active-reading software for professionals who work with complex documents. It is useful when important information is present in several files and needs to be brought together. Legal teams can use it during case preparation and research. It also fits due diligence and academic work.

LiquidText software works differently from a standard PDF reader. Users can mark source material and build notes alongside it. They can then refer back to those notes while developing their analysis. This approach is useful for projects that involve close document review.

What Is LiquidText Best For?

LiquidText’s Cross-Document Analysis and Linking feature lets users connect related information from different documents. Each connection can be traced back to the original source. A lawyer reviewing case files can use it to link pieces of evidence or compare documents. Researchers can also use the feature when they need to examine information from several sources and see how it relates.

How Much Does LiquidText Cost?

LiquidText pricing starts at $89.99 for Pro 2023 as a one-time purchase. It also offers a free basic plan. Student pricing is also available when upgrading from within the LiquidText app. Other paid plans include:

• LIVE: $10.99/month — Includes 1 GB of project storage
• LIVE Unlimited: $18.99/month — Includes unlimited storage
• Enterprise: Custom pricing

Other additional costs that may influence final price include:

• Additional Cloud Storage: $0–$10/month — The LIVE plan includes 1 GB of storage. Larger document libraries may require additional storage outside the included allowance
• Enterprise Deployment: $500–$2,500+/year — Larger organizations may need a custom enterprise arrangement. The final cost can vary based on user count and deployment requirements
• Cloud Backup: $5–$20/month — Teams with large document collections may choose separate cloud backup to keep copies of important files

Disclaimer: The pricing is subject to change.

LiquidText Integrations

• LiquidText integrates with the following software:
• Zotero
• IManage Work
• Mendeley
• Dropbox

How Does LiquidText Work?

Here’s how you can access LiquidText and work through a document analysis project:

• Log in with your LiquidText account to open the application and access your projects
• Create a project for the case, research task, or other work you are doing
• Add documents that you need to examine
• Review the material and mark passages that are relevant to your work
• Build your notes as you work through the documents and gather useful information
• Link related information when a passage in one document connects to material in another
• Work with colleagues on shared projects if your plan includes collaboration
• Export your work when you are ready to use the findings elsewhere

Who Is LiquidText For?

LiquidText is used by legal professionals and others whose work involves detailed document review. Its users include:

• Litigators
• M&A attorneys
• Patent attorneys
• Corporate attorneys
• In-house attorneys
• Barristers
• Researchers

LiquidText Use Cases

Based on its capabilities, LiquidText is best suited to legal work where important information is spread across lengthy documents. Common workflows include the following:

1. Litigators Preparing For Trial And Hearings

Trial preparation can involve transcripts, exhibits, pleadings, research, and other case records that need to be reviewed together. LiquidText is designed for deposition preparation, motion practice, trial preparation, and appeals. Barristers featured by LiquidText also describe using it to organize evidence and quickly return to relevant documents during proceedings.

2. M&A Teams Reviewing Due Diligence Materials

An M&A review can span data room documents, contracts, and other deal materials. LiquidText specifically supports M&A due diligence, allowing teams to review source documents while recording issues and findings. This makes it relevant during the stage when attorneys are assessing documents and preparing their diligence work.

3. Attorneys Comparing Complex Contracts And Redlines

Contract negotiations require more than reviewing the latest agreement. Lawyers may need to follow defined terms, cross-references, and changes in different drafts. LiquidText identifies contract negotiation as a core transactional workflow and supports review of these related materials within the same project.

4. In-House Counsel Preparing Regulatory And Board Materials

LiquidText can support corporate legal teams preparing for board meetings or reviewing regulatory filings and internal documents. Its documented corporate and in-house use cases include board preparation and regulatory review. A published example from an in-house attorney also describes using LiquidText to review lengthy documents before meetings.

5. Patent Attorneys Reviewing IP Materials

Patent professionals can encounter document-heavy matters that require information from technical and legal sources to be considered together. LiquidText specifically identifies patent professionals as a user group and has published a patent-attorney workflow example. Its collaboration materials also identify patent reviews as a use case for teams working on complex IP filings.

Is LiquidText Right For You?

LiquidText Enterprise is useful for larger legal teams for multi-user deployments. It includes license allocation and user management as well as SSO is supported along with Active Directory and Microsoft Intune. It provides site licenses, and discount packages are also available for larger deployments.  

The tool is ISO 27001-2022 certified and GDPR compliant. Organizations can keep client data on devices when cloud features are not needed, which means they can also choose a cloud data location through Azure or use an on-premises backend.

LiquidText includes more than 20,000 legal users each month. Willkie Farr and Gallagher is among its user. The software is being used in larger legal environments. It does not, however, establish that its workflow or deployment model will suit every firm.

Device compatibility deserves attention before adoption. LiquidText works on iPad, iPhone, Windows, and Mac. Android is not currently supported. Firms with a mixed device environment should check compatibility before rolling it out across their teams.

Still doubtful if LiquidText is the right fit for you? Get in touch at (661) 384-7070, and we will help you make an informed decision.