Tech-enabled service provider Execo
announces its vision to transform the $20
billion legal support services industry by combining
best-in-class GenAI with top-tier human expertise.
NEW
YORK, July 15, 2024 /PRNewswire/ -- Execo, a
next-generation legal services provider, announced today its vision
for how legal services will evolve in the age of GenAI. The company
has been quietly acquiring firms over the last 12 months located in
strategic talent locations in Asia, Africa
and the United States, with the
aim to proactively transform traditional staff augmentation-based
service models into GenAI-powered managed services that deliver
tangible outcomes for rapidly changing legal departments.
Since its founding in 2023, Execo has brought together six
companies and their capabilities into its portfolio that now
employs 400 professionals across the US, India, Kenya,
Singapore, the Philippines, and the UK. Key acquisitions
include:
- Cacti Legal, a leading Alternative Legal Services Provider
(ALSP) headquartered in Pune,
India.
- Bandalier, a specialist training and staffing provider of
US-based remote professionals, headquartered in Binghamton, New York.
- Africa AI, a lead generation and top-of-funnel go-to-market
services provider headquartered in Nairobi, Kenya.
- Aspire Marketing Group, a demand generation and inbound
marketing agency, headquartered in Pittsburgh, Pennsylvania.
Now, armed with best-in-class service delivery capabilities,
strong go-to-market distribution and expertise, global delivery
centers with scalable talent, and an experienced leadership team,
Execo will continue to double down on its strategy to help support
General Counsels as they navigate the increasingly crowded GenAI
space, by focusing on concepts such as "return on AI" and
outcome-driven solutions.
"Our mission has been to unite successful founders in strategic
technology first labor markets and quickly integrate GenAI into
their services. We've created GenAI-embedded managed services to
remove the uncertainty around AI for legal departments, allowing
them to focus on outcomes. We handle the technology, ensuring you
get the best results without the hassle. Our goal is to empower
legal departments by helping them take control and prove the value
of GenAI without taking on the risks associated with onboarding
new, unproven technologies," said Patrick
Linton, CEO of Execo.
Entrepreneur Richard Dobrow,
Execo board member and CEO of cybersecurity firm Silversky
commented, "Execo's strategic use of AI is not just transforming
how legal services are bought, but it is setting a new standard of
how they are delivered and the expectations around outcomes vs.
just headcount. We're witnessing a shift where AI-specific
security, quality controls, compliance and risk management are no
longer nice-to-haves but a given when it comes to working with
alternative legal services providers."
With its proven track record and ongoing commitment to
innovation, Execo is poised to continue driving extraordinary
outcomes for its clients worldwide.
About Execo
Founded in 2023, Execo is a next-generation legal services
provider that is changing the way companies engage with their
providers by thoughtfully incorporating GenAI where it matters and
people where it counts. Execo actively acquires successful legal
service providers and transforms traditional FTE-based business
models into GenAI-powered managed legal services that deliver
tangible outcomes for rapidly changing legal departments. Led by
entrepreneur Patrick Linton and a
strong management team backed by years of experience executing
business solutions, Execo's 400 professionals located across six
countries serve over 100 clients across a diverse set of
industries. For more information, visit www.execo.com.
Contact:
Aaron Marks
Chief Marketing Officer
aaron@execo.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/execo-unveils-its-vision-for-the-future-of-ai-embedded-alternative-legal-services-302196897.html
SOURCE Execo