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

PERSUIT and PwC Join Forces to Revolutionize Legal Operations

In an ambitious move to reshape legal operations, PERSUIT, a leading legal technology platform specializing in external counsel management, has announced a strategic alliance with PwC, one of the largest professional services networks globally. This partnership aims to guide corporate legal departments into a new era of transformative value creation in response to the rapidly evolving demands of the legal landscape driven by artificial intelligence (AI).

The Landscape of Change

As businesses globally grapple with the implications of AI on legal services, many are turning towards innovative solutions to streamline operations and enhance efficiency. More than 20% of the Fortune 100 companies are already utilizing PERSUIT's platform to achieve substantial savings on external legal expenses, especially in sectors as varied as financial services, pharmaceuticals, energy, and consumer goods.

The current operational model for legal departments often falls short under the pressure of these changes, so the collaboration between PERSUIT and PwC becomes crucial in steering these departments towards more effective and strategic frameworks. By using PERSUIT's advanced model for managing external legal counsel and optimizing spending, organizations can lower costs while simultaneously improving the quality and outcomes of legal services.

Capitalizing on Complementary Expertise

Through this alliance, businesses are given a unique opportunity to leverage PwC’s expertise in driving transformation and fostering innovation within legal teams. PwC is poised to assist clients in restructuring their legal departments to align them more closely with their overall corporate objectives. This holistic approach empowers legal teams to redefine their roles, foster a cultural shift, integrate advanced technologies like PERSUIT, and enhance their operational models.

Jim Delkousis, CEO of PERSUIT, expressed enthusiasm regarding this partnership, stating, "We are thrilled to expand our partnership with PwC on a global scale. Our clients are averaging 26% annual savings, underscoring the return on investment associated with optimizing external counsel engagements. By marrying our model with PwC's respected framework for business transformation, we empower legal departments not only to adopt a leading operational model but also to undergo a comprehensive transformation aligned with their strategic goals."

Frederic Mirza Khanian, Head of Global Legal and Legal Business Solutions at PwC, echoed this sentiment: "Optimizing the procurement of external advisors is a critical step for legal departments looking to evolve into global value-creating entities. By fusing PERSUIT's innovative platform with our renowned expertise in legal transformation, we are providing general counsel offices worldwide with the tools and support needed to navigate AI-driven changes and drive strategic transformation, thereby creating significant value."

A Glimpse into PERSUIT

PERSUIT stands at the forefront of legal technology, revolutionizing how corporate legal departments engage and oversee external counsel. By integrating transparency and data-driven insights into the procurement process, PERSUIT enables businesses to streamline sourcing, optimize legal consulting expenditures, and achieve superior outcomes globally. For organizations wishing to redefine their approach to legal services, the PERSUIT platform offers a compelling solution.

To learn more, visit www.persuit.com.

About PwC

At PwC, our mission is to build trust in society and solve important problems. We are a network of firms in 149 countries with a commitment to high-quality auditing, consulting, tax, and legal services. Legal Business Solutions encompasses over 4,000 legal, technology, and consulting professionals across 100 countries, acting as part of the PwC community for problem-solving.

Discover more by visiting www.pwc.com.

For media inquiries:

- PERSUIT Media Relations: Email media@persuit.com | Phone +1 (415) 216-3531
- PwC Global Communications: Email media@pwc.com | Phone +44 7483 344 407