Mitratech’s data-driven outside counsel marketplace announces its expansion into the alternative legal services market, growing its panel to 12,000+ lawyers across 22 providers.
Austin, TX (August 6, 2024) – In its 14th year, AdvanceLaw’s $100M legal marketplace helps General Counsel (GCs) select outside lawyers based on strong performance for peers, rather than using brand or high rates as a proxy for quality. The company continues its mission to suggest the best-qualified, best-value legal resources in 2024 by adding two alternative legal service providers (ALSPs) to its vetted panel: Paragon Legal and QuisLex.
“We see a growing segment of client needs — secondments being an excellent example — that are a lose/lose-value proposition for large law firms and general counsel, leaving both sides unhappy with the economics,” said Aaron Kotok, Executive Director at Mitratech’s AdvanceLaw.
Paragon Legal, a woman-founded and women-led enterprise, provides U.S.-based flexible staffing to support short and medium-term in-house talent needs created by overflow work, parental leaves, staff turnover, or company growth. Client engagements extend nationwide and across practice areas, including commercial contracting, privacy, employment, product counseling and niche regulatory support. Based in the Bay Area, Paragon has established a strong track record of success for leading clients, including several AdvanceLaw members. Its leadership’s laser focus on achieving stellar client outcomes was a key differentiator in the vetting process, supported by investments to drive efficiency and productivity for clients such as i) training and development support for Paragon’s deployed talent base and ii) providing AI tools and training to deployed talent.
“We are thrilled to begin supporting AdvanceLaw GCs. We work hard to ensure our clients receive top talent and 5-star service, and we are excited for this group of 350 GCs to see how flexible talent can enhance their team’s productivity and budget,” said Trista Engel, CEO, Paragon Legal.
QuisLex, a certified Minority Business Enterprise and AdvanceLaw’s other new ALSP addition, has provided managed legal services to GCs for 20+ years. The company’s ability to create top-quality solutions that pair innovative technologies (including generative AI) with the company’s 1000-strong stable of lawyers and rigorous quality control allows QuisLex to support clients outside the traditional litigation and M&A document review space, designing creative solutions for a growing range of legal and compliance use cases.
“AdvanceLaw’s peer performance evaluation model is an ideal way to introduce new GCs to what ASLPs can deliver, since there is uneven adoption across legal teams and very significant value to be created. We are excited for GCs to begin hearing from their peers about the results they have achieved with our team!” said Sirisha Gummaregula, COO at QuisLex.
Both Paragon and QuisLex were subject to rigorous vetting and client reference checks throughout the selection process. “Many in-house counsel are new to ALSPs and find it hard to navigate between providers. Our vetting surfaced important differentiators we think clients will really value, and we are excited to share those with our GC community,”” said Owen Bevan, AdvanceLaw’s Managing Director.
Paragon Legal and QuisLex’s new capabilities complement captive offerings at several current AdvanceLaw firms. Pinsent Masons’ Vario team provides flexible staffing services in the UK, Ireland, Netherlands, Germany, UAE, Australia, Singapore, Hong Kong, and South Africa, in addition to managed services that include outsourced company secretarial support. McCarthy Tetrault’s MT > Align model provides flexible staffing services in Canada, alongside managed services in corporate, litigation, and immigration.
“Having vetted ALSPs be accountable to peer GCs for their performance will give our clients even more confidence to create bold change,” said Katherine Shell, VP of AdvanceLaw’s outside counsel transformation consulting team.
Paragon Legal and QuisLex join AdvanceLaw’s global panel of 20 leading law firms across the United States, Canada, Europe, Africa, Asia, and Latin America. Collectively, AdvanceLaw panel members employ over 12,000 attorneys. To learn more about the AdvanceLaw panel providers please visit our website at https://www.advancelaw.com/firms/. To learn more about becoming an AdvanceLaw member legal department, please get in touch at info@advancelaw.com.
About Mitratech
Mitratech is a proven global technology partner for corporate legal, risk, compliance, and HR professionals seeking to maximize productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility, and spurring collaboration across an enterprise. Mitratech serves over 20,000 organizations worldwide, spanning more than 160 countries.
For more info, visit: www.mitratech.com