What’s the ‘why’ behind the Apperio acquisition? Pretty simple.
PERSUIT covered some but not all of the workflow related to managing external legal spend. We had the RFP and value-based pricing workflow nailed.
But our customers and the market told us we needed to complete the story. We had to provide a way to ensure that the price agreed on PERSUIT was the price that was actually paid, with an invoice approval workflow that was designed to support the value-based fee arrangements that PERSUIT has become known for.
But Jim. You’ve been bashing the concept of e-billing for as long as we can all remember. Isn’t this just e-billing?
No. It’s about acquiring the capability to support the tracking, invoicing and payment of value-based pricing arrangements, which none of the e-billers in the market currently support.
They’re all designed to support six-minute increment time-keeper entries. Their ‘computer says no’ to anything else. And you all know how I feel about that model…
With this acquisition, PERSUIT now delivers an AI-driven end-to-end platform that transforms how legal departments scope, price, select, and manage outside counsel.
From intake to invoice review and approval, we now provide in-house legal teams with the critical infrastructure for the efficient running of the legal department.
At a time when law firm rates feel like they’re out of control (certainly to those paying them!), PERSUIT offers a clear path for in-house teams to avoid costs, eliminate billing surprises and lead with value through:
- Intelligent firm recommendations at matter intake
- AI-powered scoping of RFPs, tailored to matter type and desired outcomes
- Firm and attorney performance insights that drive smarter panel decisions
- Invoice validation that protects against overbilling and confirms ROI
We remain true to our vision of shifting the legal industry towards value-based pricing. But time and experience helps you better understand how you can execute against that vision. In our case, completing the end-to-end workflow for external legal spend is what it will take.
Talking with customers and attendees at CLOC now, I could feel the tide turning. The change we’ve been rallying for over the past nine years is happening. And with our acquisition of Apperio, we’re going all-in on a future built around value-based pricing.
We’re ready to meet you wherever you are in your outside counsel management journey. Are you ready to join us?
Don’t wait until CLOC 2026. Drop me a line today.
Cheers,
-Jim
P.S. For a first look at the new PERSUIT + Apperio platform, register for our upcoming webinar (see below for details).