PERSUIT and PwC: A Strategic Alliance Transforming Legal Operations
In a significant move set to revolutionize the legal landscape, PERSUIT, the leading platform in legal technology focusing on outside counsel management, is teaming up with PwC, a giant in professional services. This global alliance aims to assist General Counsel offices in major corporations in navigating the challenges of an AI-driven environment. By integrating advanced technology and innovative practices, they seek to create legal departments that are not only efficient but also value-generating.
The Need for Change
As legal departments across sectors are pressured to do more with less, the necessity for innovative operational models has become clear. Companies in the Fortune 100, particularly those in financial services, pharmaceuticals, energy, and consumer packaged goods, are already taking advantage of PERSUIT's cutting-edge platform. By optimizing their external legal spending, these organizations have achieved average savings of 26%, highlighting the potential for substantial return on investment.
A Holistic Transformation
The collaboration between PERSUIT and PwC focuses on transforming the roles and functions of legal teams. The aim is to redefine legal operations to align more closely with broader business strategies. By leveraging PwC’s extensive experience in strategic transformation, clients are offered comprehensive solutions that incorporate cultural shifts, technological advancements, and optimized processes.
CEO of PERSUIT, Jim Delkousis, expressed enthusiasm over this extended partnership, stating, “We’re thrilled to expand our partnership with PwC globally. The significant savings our customers experience underscore the ROI when optimizing outside counsel engagement.”
Optimizing Legal Spend
The strategic alliance allows organizations to ensure that value is consistently delivered in legal services. PwC’s role involves applying its transformation framework to not only enhance operational efficiency but also to facilitate cultural changes that are crucial for the adoption of new technologies and methodologies. This initiative is essential for legal departments aiming to transcend traditional roles and become integral parts of their organizations' business models.
Frederic Mirza Khanian from PwC emphasizes the importance of this collaboration, stating, “Optimizing outside counsel sourcing is crucial for legal departments aiming to become value creators globally. By integrating PERSUIT's platform with our expertise, we provide General Counsel offices the necessary tools to drive strategic transformation and navigate AI-driven changes.”
Conclusion
The formation of this alliance between PERSUIT and PwC signifies a pivotal movement in the field of legal technology. By focusing on efficiency and value creation, they are setting a new standard for legal departments that can adapt to the rapid changes in the business environment. As organizations continue to adopt innovative approaches and technologies, this partnership stands to reshape the future of legal operations, opening doors to enhanced collaboration, productivity, and success in an increasingly digital landscape.
For more detailed insights into how this partnership could impact your organization, visit
PERSUIT and
PwC.