This week we hit $10B in proposal value through the PERSUIT platform. Here's what all that data means for you.
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Newsletter Update V5

Hi there,

 

This week we hit $10B in proposal value through the PERSUIT platform. 🎉

 

Talk about a "pinch me" moment!

 

When I founded PERSUIT in 2016, I really had no idea what I was doing. (Not sure that bit has really changed. Fortunately, I've got a REALLY good team).

 

It was just me, my ego, and a vision for something different in the legal industry.

 

Since then, we've seen:

  • Proposals submitted by over 2,500 firms, including proposals from 100% of the Am Law 100
  • 6,000+ RFPs competed
  • 20,000+ proposals submitted
  • 1,000+ RFPs using our diversity module
  • Engagement from over 8,000 individual proposal creators and 1,300 RFP creators

As we continue to welcome leading in-house legal teams to our roster of valued customers, our data set continues to grow exponentially.

 

Meaning that the power of PERSUIT lies in more than its utility as the leading software platform for the selection of outside counsel. 

 

More and more, the tremendous DATA available exclusively to our customers and partners is empowering them to know very specific ‘should cost’ data points.

 

That means not only what a particular matter type in a certain jurisdiction should cost, but right down to the activity level costing for that type of matter. For example:

  • What an expert witness deposition in an employment matter discrimination case should cost, whether in London, Texas, or Shanghai
  • And how law firm pricing might differ whether a Top 25, boutique, or NAMWOLF certified firm.

Our clients are already receiving massive value from these insights. And we've got plenty more in store, which I’m excited to share in the months ahead.

 

Lastly, I'm incredibly grateful to our fantastic PERSUIT team and also to our customers, firms, and everyone who has helped us achieve this important milestone and their belief in the vision of a better legal marketplace!

 

You can read a few of my reflections on this journey in my most recent article here.  

 

Cheers!

 

Jim

 

P.S. Also, in this week's edition of The PERSUIT:

  • Our Legal Advisory Team highlights another incredibly valuable resource that we bring to in-house teams with our expansive RFP Template Library.
  • Our latest Customer Spotlight from PNC’s Legal Operations Portfolio Owner, John Crawshaw.
  • Where you can find PERSUIT during this jam-packed event season
jim

Jim Delkousis

Founder and CEO  

PERSUIT

LinkedIn

LEGAL ADVISORY

How PERSUIT's Template Library Can Bring Value to Your Legal Department

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Having just surpassed $10 billion in proposal value, we’ve learned a thing or two about what makes a great RFP.

 

PERSUIT is constantly on the front line with our clients who are among the most innovative and impactful legal departments in the world. 

 

One of the primary ways we support our clients is through PERSUIT’s Template Library. 

 

Our library houses hundreds of pre-drafted templates based on practice area, RFP type, and pricing structure, and provides our clients with a solid foundation and flexibility to create their own custom templates.

 

Here are a few of the highlights pulled together by our Legal Advisory Team that make the PERSUIT Template Library uniquely valuable to our clients. 

 

Continue Reading: How PERSUIT's Template Library Can Bring Value to Your Legal Department

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Laura Spalding

Director, Legal Advisory

PERSUIT

LinkedIn

CUSTOMER SPOTLIGHT

How PNC Went From Spreadsheet Chaos to Streamlined Decision-making With PERSUIT

"Before PERSUIT, our in-house team was looking at one firm’s word document, another firm’s Excel sheet. The pricing is different across all of them. It's chaotic and becomes really hard to make a decision," shared John Crawshaw, Legal Operations Portfolio Owner at PNC Financial.  

 

"PERSUIT gives us the ability to compare pricing, strategy, expertise, and DEI metrics across our firms on our own terms — and it's led to all-around better decision making for PNC," says Crawshaw.

 

You can hear more about John's story of how PERSUIT has helped transform the legal buying process here. 

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    UPCOMING EVENTS

    Where's PERSUIT? 

    Here's where you can find us this month:

    • CLOC EMEA: London, UK, September 18 — Visit us at the event
    • Innovative Legal Leaders Roundtable: Paris, FR, September 27 — By invitation
    • Innovative Legal Leaders Roundtable: New York, October 16 — By invitation
    • WEBINAR: Unlocking Tech Success Together — The Evolving Relationship Between GCs & Their Legal Ops Team, October 19
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    PERSUIT, 48 W 25th Street, 11th Floor, New York, NY 10010

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