PERSUIT and PwC Form Strategic Alliance
PERSUIT, a leader in legal technology that specializes in outside counsel management, has announced an exciting new alliance with PwC, one of the most prominent professional services networks around the globe. This collaboration aims to guide General Counsel offices from major corporations through a transformative journey focused on developing value-driven legal departments.
Impact on Fortune 100 Companies
Over 20% of the Fortune 100 are already harnessing the power of PERSUIT's platform, particularly in sectors such as finance, pharmaceuticals, energy, and consumer packaged goods. This partnership promises to yield substantial savings and operational efficiencies regarding external legal expenditures. Companies are successfully utilizing PERSUIT's acclaimed practices to manage outside counsel, resulting not only in reduced costs but also in improved quality and value of the legal services rendered.
Driving Change in Legal Departments
The strategic alliance between PERSUIT and PwC presents organizations the opportunity to ensure they consistently deliver value. PwC’s comprehensive expertise in driving strategic transformations, fostering innovation, and managing change within legal departments will be an invaluable resource. This collaboration will allow legal teams to redefine their operational roles, embrace crucial cultural shifts, and integrate cutting-edge technology trends.
Enhancing Operating Models
Jim Delkousis, CEO of PERSUIT, expressed his enthusiasm for this global partnership with PwC. He highlighted that companies leveraging PERSUIT typically save an average of 26% annually, indicating the significant return on investment achieved by optimizing their external counsel relationships. By incorporating PwC’s proven transformation framework, PERSUIT empowers General Counsel offices to adopt innovative operating practices that synchronize with their overall strategic objectives.
The Role of AI in Legal Transformation
Frederic Mirza Khanian, serving as the Global Legal and Legal Business Solutions Leader at PwC, emphasizes the importance of optimizing outside counsel sourcing. This is particularly crucial for legal departments striving to enhance their role as value creators on a global scale. The combination of PERSUIT's innovative platform with PwC’s established expertise in legal transformation equips General Counsel offices universally with essential tools and support to navigate AI-driven changes and unlock significant value.
About PERSUIT
PERSUIT is revolutionizing the engagement and management of outside counsel within corporate legal departments. By infusing transparency and insightful data into the selection process, PERSUIT aids organizations in streamlining sourcing activities, optimizing legal expenditures, and achieving superior outcomes on a global scale.
About PwC
PwC is committed to building trust in society and solving pressing issues. With a vast network spanning 149 countries and over 370,000 staff members, PwC delivers top-tier assurance, advisory, tax, and legal services. Their Legal Business Solutions division comprises more than 4,000 legal, technology, and consulting specialists across 100 countries, benefiting from a robust infrastructure and strategic alliances with leading tech partners like PERSUIT.
Frequently Asked Questions
What is the purpose of the alliance between PERSUIT and PwC?
The alliance aims to improve the efficiency and effectiveness of legal departments globally, helping them transform into value-creating entities.
How does PERSUIT help companies in managing legal costs?
PERSUIT provides a platform that optimizes outside counsel management, resulting in significant cost savings and improved quality of legal services.
What role does PwC play in this partnership?
PwC offers strategic transformation expertise, guiding legal departments through change management and innovation integration.
Are there any statistics about savings achieved by PERSUIT?
PERSUIT clients typically save an average of 26% on their legal expenditures per year.
How does technology influence legal operations in this alliance?
The integration of advanced technologies and AI is pivotal in reshaping legal practices and enhancing operational efficiency in legal departments.
