PERSUIT and PwC Unite to Transform Legal Operations in the Age of AI

In a significant move aimed at transforming the legal landscape, PERSUIT and PwC have announced their global strategic alliance. This partnership is expected to reshape how legal departments operate in a world increasingly influenced by artificial intelligence (AI). As corporate legal needs evolve, this collaboration leverages both firms' strengths to create efficient and value-driven operations for legal teams worldwide.

PERSUIT has emerged as a leading platform in legal technology, particularly in managing outside counsel. It serves a robust client base, including over 20% of Fortune 100 companies across various sectors such as financial services, pharmaceuticals, energy, and consumer packaged goods (CPG). These organizations utilize PERSUIT's sophisticated platform to track and reduce their legal spending, achieving an average savings of 26% annually.

By integrating PwC's strategic transformation expertise, the partnership aims to help legal departments advance from traditional roles to become dynamic business partners. Jim Delkousis, CEO of PERSUIT, highlighted the partnership by stating, "The ability to optimize external counsel engagement not only lowers costs but also enhances the quality of services received. Our collaboration with PwC will empower General Counsel offices to embrace comprehensive changes that reflect their organizational objectives."

Underlining the critical need for adjustments in sourcing counsel, Frederic Mirza Khanian, Global Legal and Legal Business Solutions Leader at PwC, remarked that the partnership is tailored for legal departments striving to maximize their potential. He noted, "By fusing PERSUIT’s innovative platform with our recognized competencies in legal transformation, we equip General Counsel offices globally with the essential tools to navigate the AI-driven future and unlock extensive value."

This alliance not only grants organizations access to PERSUIT's cutting-edge operational model but also offers strategic insights from PwC to align legal operations with broader business goals. With the significance of technology growing, legal departments must adopt culturally responsive changes and modern practices that embrace data and analytics for better decision-making.

The overarching goal of this partnership is to provide legal departments with resources that will redefine their functions. By optimizing their sourcing strategies, legal teams can focus more on delivering value rather than just managing costs.

PERSUIT's approach has already fostered notable efficiencies. The platform's ability to bring transparency and data-driven insights to decision-making enhances the sourcing processes and ultimately leads to better outcomes across the board.

In summary, the alliance between PERSUIT and PwC stands to revolutionize the way legal departments operate. Emphasizing strategic transformation and leveraging technology, this collaboration promises to shift traditional mindsets and methodologies, paving the way for legal teams to adapt to the needs of modern business environments. As AI continues to shape industries, embracing such strategic alliances will undoubtedly benefit companies looking to maintain their competitive edge in a rapidly evolving landscape.

Both firms are committed to exploring innovative solutions and delivering greater value to their clients through this partnership. As PERSUIT and PwC move forward, the legal industry's operating model may see significant enhancements, ensuring that legal departments provide strategic advantages rather than simply serving as cost centers.

Topics Business Technology)

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