PERSUIT and PwC Form Strategic Partnership to Enhance Legal Services
PERSUIT, renowned for its innovative legal technology solutions, has announced a strategic alliance with PwC, a global leader in professional services. This collaboration aims to reshape the legal operating model by integrating advanced strategies and technologies to empower legal departments worldwide.
Transforming Legal Departments for the Future
The alliance between PERSUIT and PwC is designed to support General Counsel offices in their mission to create transformative, value-driven legal departments. By merging PERSUIT's cutting-edge platform with PwC’s extensive consulting capabilities, corporations can now effectively manage their external legal spend.
PERSUIT's platform has already garnered attention from over 20% of the Fortune 100, serving prestigious companies across various sectors, including finance, pharmaceuticals, and consumer packaged goods. Many organizations are realizing substantial cost reductions while simultaneously enhancing the quality of their legal services.
Effective Cost Management with Innovative Solutions
Through this strategic partnership, PERSUIT is empowering legal teams to better manage their external counsel engagements. Utilizing the platform enhances financial efficiency and promotes transparency in legal operations. Organizations leveraging this platform can anticipate improved outcomes and savings, with many reporting an average savings of 26% on their legal expenditures.
Driving Strategic Change in Legal Operations
PwC will leverage its expertise in transformation and change management to assist clients in aligning their legal departments with broader organizational goals. This approach ensures that legal teams are not just reactive but proactive, fostering a culture of innovation and adaptability.
Jim Delkousis, CEO of PERSUIT, expressed his enthusiasm about the partnership with PwC, noting the significant return on investment that clients experience when optimizing outside counsel engagements. By combining resources and knowledge, both companies empower General Counsel offices to initiate holistic transformations tailored to their specific strategic goals.
Optimizing Legal Services Through Collaboration
Frederic Mirza Khanian, who leads PwC's Global Legal Business Solutions, stated that improving outside counsel sourcing is vital for legal departments aiming to become value creators. The fusion of PERSUIT’s state-of-the-art platform with PwC’s expertise enables General Counsel offices to effectively navigate the complexities of the modern legal landscape and leverage AI-driven advancements.
About PERSUIT and the Value it Brings
PERSUIT revolutionizes how corporate legal departments engage with outside counsel. The platform is designed to provide greater transparency and data-driven insights, helping organizations streamline sourcing and improve legal spend efficiency.
About PwC and its Global Reach
PwC operates with a strong purpose of building trust in society and solving critical problems. With a presence in 149 countries and a dedicated workforce of over 370,000, PwC is committed to delivering quality services in assurance, advisory, and tax and legal fields. Their Legal Business Solutions team consists of more than 4,000 legal professionals who are equipped to address complex challenges and drive impactful change.
Frequently Asked Questions
What is the main goal of the PERSUIT and PwC alliance?
The primary aim is to transform legal departments worldwide by optimizing outside counsel management and delivering substantial value to organizations.
How does PERSUIT improve legal operations?
PERSUIT enhances legal operations by providing a technology platform that allows for better management of external counsel relationships and encourages transparency in legal spending.
What benefits can legal departments expect from this collaboration?
Legal departments can look forward to reduced costs, improved service quality, and a strategic alignment with broader business goals.
Who can benefit from the PERSUIT and PwC partnership?
General Counsel offices of large corporations, especially those in the Fortune 100, are the primary beneficiaries of this partnership.
How do organizations measure success with PERSUIT?
Success is often measured by the financial savings realized, improvements in service quality, and the enhanced capability to navigate the evolving legal landscape.
