The problem with word processors is that you can't properly do distributed work with them. No one I work with uses the exact same version of the same word processor I do; actually people in the real world don't even have consistent versions on their multiple machines. Every version switch fucks over fonts, formatting, comments... everything except the bare text. Most of my workflows are at follows:
1. Send LibreOffice text to collaborator
2. Get changes/comments back from collaborator
3. Start addressing them
4. Realize that collaborator has fucked up the formatting by using MS Word
5. Fix formatting
6. Address comments
7. Go home for the day
8. Telecommute the next day, fire up result of 6 on your old machine at home
9. Realize it won't even load comment notes
10. Ask the wife if you can borrow her Win7 machine for the job
11. Give up on formatting, do the editing job first on MS Word
12. Go back to office the day after, fix the formatting which is now an unholy mess of LibreOffice and MS Word
13. Swear at LibreOffice because it somehow spontaneously returns to MS Word formatting but not consistently
14. Get some resemblance of working formatting in order
15. goto 1
Yeah... I'm afraid LaTeX is the lesser evil there.
(None of this applies to cloud-based work using e.g. Google Documents. If you want to entrust your drafts to Google, feel free to do so. I don't consider this an option for anything under NDA.)