PERSUIT Named in Fast Company’s Annual List of the World’s Most Innovative Companies for 2020

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PERSUIT recognized for transforming the way enterprises engage outside legal counsel

“By leveraging technology to increase price competition and transparency amongst an organization’s preferred law firms, we have delivered millions of dollars in savings to our partners."

PERSUIT, the Software as a Service (“SaaS”) company specializing in legal RFP technology, has been named in Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2020.

The list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s fast-changing world.

"This recognition by Fast Company as one of the world's most innovative players confirms our position that the legal industry is long overdue for a seismic shakeup,” said Jim Delkousis, CEO & Founder of PERSUIT. “By leveraging technology to increase price competition and transparency amongst an organization’s preferred law firms, we have delivered millions of dollars in savings to our partners. Given past winners in this category like Amazon, Microsoft, Slack, Atlassian, Salesforce, DocuSign and Twilio, Fast Company is a thrilling testament to what our partners have accomplished using PERSUIT.”

PERSUIT is the first-to-market platform that facilitates a competitive bidding process for sourcing outside counsel, saving Fortune 500 clients 35% on their external legal fees. In the last 18 months, world-leading brands such as Citibank, Shell, Johnson & Johnson, Novartis, Walmart, Facebook and Twilio have chosen PERSUIT to transform the way they procure external legal services.

Fast Company’s editors and writers sought out the most groundbreaking businesses on the planet and across myriad industries. They also judged nominations received through their application process.

The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.

“At a time of increasing global volatility, this year’s list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and far beyond,” said Fast Company senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky.

Fast Company’s Most Innovative Companies issue (March/April 2020) is now available online at fastcompany.com/most-innovative-companies/2020, as well as in app form via iTunes and on newsstands beginning March 17, 2020. The hashtag is #FCMostInnovative.

ABOUT PERSUIT

PERSUIT is a Software as a Service (“SaaS”) company specializing in legal RFP technology, founded in early 2016 by Jim Delkousis, a veteran BigLaw partner.

The PERSUIT platform is self-service enabled and an out-of-the-box, cloud-based software application, providing in-house teams the ability to launch matter-based RFPs, RFI’s, AFAs, Hourly Rate reviews, and Panel Convergence Programs using industry best-practice templates. Request types can be used to drive price competition via real-time bidding to achieve true market pricing every time, delivering 35%+ savings on external legal spend.

For more information, visit http://www.PERSUIT.com or call +1-661-333-5738.

ABOUT FAST COMPANY

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Since 2011, Fast Company has received some of the most prestigious editorial and design accolades, including the American Society of Magazine Editors (ASME) National Magazine Award for “Magazine of the Year,” Adweek’s Hot List for “Hottest Business Publication,” and six gold medals and 10 silver medals from the Society of Publication Designers. The editor-in-chief is Stephanie Mehta and the publisher is Amanda Smith. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at http://www.fastcompany.com.

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David Song, CMO
PERSUIT
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