We like Likeray because it's a secure platform. The look and feel and the user interface are great.
What needs improvement?
PHP offers more plugins than Liferay. The plugins should be more affordable. Liferay needs to offer more in terms of updates and development. WordPress is constantly offering new updates and new features; I hardly see that with Liferay — although, it could be because we don't have an enterprise… more »
What's my experience with pricing, setup cost, and licensing?
Licensing costs can be very expensive.
What other advice do I have?
I would recommend Liferay to another company, but the price cannot be overlooked. Maintaining a license can be a hefty investment. Due to the licensing and plugin costs, on a scale from one to ten, I would give this solution a rating of eight.