Deloitte’s legal spend management team has teamed up with SaaS legal RFP vendor PERSUIT in a combined offering that the pair say will help corporate legal departments to drive legal spend transformation.
“Drawing on Deloitte’s deep capabilities in legal spend management, paired with PERSUIT’s capabilities to transform the process of engaging law firms and reducing legal costs, in-house legal departments can better navigate the process of outside counsel selection and management,” said Steven Walker, managing director of legal business services at Deloitte Tax LLP.
Legal departments engage outside law firms and other legal service providers on a daily basis and need tools and technology to help them streamline the processes involved.
Deloitte’s Legal Business Services, meanwhile, provides specialized services for legal departments in the area of outside spend management and legal procurement transformation. Deloitte will now also provide technical implementation support for PERSUIT’s platform.
“By using PERSUIT’s technology, legal teams can generate material cost savings and improved diversity outcomes quickly, and accelerate the competitive bidding process through a simple, scalable technology workflow to select the most suitable law firm for a particular matter or portfolio of matters,” said Jim Delkousis, CEO and founder of PERSUIT. “Additionally, Global 200 firms are well acquainted with responding to matter pricing on PERSUIT’s platform. Deloitte can help legal departments drive these outcomes by implementing and adopting PERSUIT’s platform, which in turn, can be used to fund broader legal department initiatives. Teaming between Deloitte’s spend management team and PERSUIT’s team and capabilities is a watershed moment in this space.”