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Newsletter Update V5

Hi there,

 

Do you have a superpower that’s yet to be discovered? 

 

And what could you accomplish if you did? 

 

There’s been a rumour going about that our very own Jordan Weinstein and Laura Spalding are superheroes in the world of outside counsel management. 

 

But the truth of it is that the real superheroes are our clients. Like: 

 

⭐ John Burke, Global Head of Outside Counsel Management, UBS

 

John’s team is literally winning awards for the program they’ve developed to source their legal matters — a program that now saves them 20% on their outside counsel spend year over year.

 

If you’re curious how, you absolutely don’t want to

miss John live at our CLOC Solutions Lab next Tuesday. 

 

⭐ Shannon Klinger, Chief Legal Officer, Moderna

 

Shannon has long been bothered that our current legal ecosystem fails to reflect the diversity of the communities where we live and work.

 

During her previous role at Novartis, Shannon leveraged PERSUIT to drive 52% of all OC spend billed by diverse partners and 68% by diverse associates. 

 

PERSUIT is now helping Shannon’s team at Moderna drive the right value for their legal spend to deliver the promise of transformative mRNA technology. 

 

⭐ Ashley Woodill, VP and AGC, Wells Fargo

 

It all started when Ashley’s CEO and CFO challenged their legal department to better manage their legal spending — and show how they were doing it.

 

Today, Ashley’s GC says that sharing how they are managing their legal spend is the easiest part of her review.

 

AFAs now encompass 40% of Wells Fargo’s outside counsel spend. Together with volume-tiered discounts, value adds, and billing guidelines, Ashley’s team can clearly show how they’re delivering more value to the business with their legal spend.  

 

⭐ Our many superheroes in the making we can't yet "unmask" 🦸🏻‍♀️

 

Like one new member of an in-house team who — in their first month on the job and with no training — sent multiple RFPs through PERSUIT and achieved over $1 million in savings. 

 

⭐ Are you the next superhero of legal spend? 

 

Later this month, we’ll be unveiling the winners of our first-ever awards for innovative legal leadership. 

 

Connect with us at CLOC to learn more and how other legal leaders on our “Walk of Fame” are discovering new superpowers using PERSUIT.

 

Just follow the 🕶️ and ⭐.

 

And as always, we’ll be the ones in yellow 🟨. 

 

Cheers,

Jim

jim

Jim Delkousis

Founder and CEO  

PERSUIT

LinkedIn

CLOC 2024

Outtakes From Outside Counsel Management: Go Behind the Scenes With UBS's John Burke

CLOC Solutions Lab 2024

Join us for a never-before-shared behind-the-scenes look at how a real legal operations team sources outside counsel. In this exclusive one-time-only showing, UBS’s Global Head of Outside Counsel Management, John Burke, joins PERSUIT’s legal pricing experts to walk through a real litigation matter sourced using PERSUIT.

 

Come for the popcorn, stay for the Q&A. 

 

Learn more here.

MARKETPLACE INTELLIGENCE

Introducing PERSUIT Price Benchmarking

With PERSUIT’s new Price Benchmarking functionality, leverage data from billions of dollars in legal spend to negotiate both new and legacy matters. 

Price Benchmarking LPHero (1)-1

UPCOMING EVENTS

Where's PERSUIT? 

Here's where you can find us in the weeks ahead:

  • CLOC Global Institute, Las Vegas, May 6-9 — Visit us at the event
  • PwC Global LegalTech Evolution Summit 2024, London, May 16 — Visit us at the event
  • LegalInnovation, Zurich, May 22 — Visit us at the event
  • LegalOps.Com, New York, May 23 — Visit us at the event
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