December 06, 2018 in Awards & Recognition

QuisLex Adds Financial Times Intelligent Business Award to 2018 Honors

Multiple Accolades in 2018 Cement QuisLex’s Position as an Industry Leader in Legal Services and the Partner of Choice for Leading Corporations and Law Firms. 

December 6, 2018 QuisLex is one of the most experienced and highly recognized alternate legal service providers in the world. 2018 was no exception. They finished the year with more prestigious awards than ever before from key legal services industry associations.

  • FT Intelligent Business Top 35
  • FT Intelligent Business Award for Contracting - Winner
  • FT Intelligent Business Award for Managing Legal Costs – Nominee
  • Association of Corporate Counsel 2018 ACC Value Champion
  • Chambers Global 2018 Guide - Top Tier Legal Process Outsourcing (LPO) Provider New York -Law Journal’s Best of 2018 – Best Managed Document Review Services
  • New York Law Journal’s Best of 2018 – Best Legal Process Outsourcing Provider
  • New York Law Journal’s Hall of Fame

“We are honored to have such broad recognition for both QuisLex and our clients, who are some of the world’s leading corporations and law firms,” says Ram Vasudevan, CEO at QuisLex. “These wins validate our commitment to innovation and excellence in serving clients, a commitment that we have maintained since our founding in 2004.”

The most recent win for QuisLex came from the Financial Times, who recognized QuisLex on its FT Intelligent Business Top 35 list as a standout service provider that is best integrating legal and professional services with data and technology to solve operational challenges. The award was based on tailored solutions QuisLex built for clients in several categories recognized by the Financial Times. For example, QuisLex was nominated for the FT Intelligent Business Award in the managed legal costs category for projects that resulted in a holistic reduction of legal costs at Deutsche Bank. QuisLex also won the FT Intelligent Business Award in the contracting category for a project it completed with its client VMware, and leading legal technology providers Apttus and Mitratech. Implementing and managing an end-to-end solution for efficient contracting, including an automation portal for self-service by VMware’s stakeholders and a streamlined review of nonstandard language through a combination of cost-efficient resources and artificial intelligence, improving greatly the ease of doing business with VMware and supporting the ability to complete agreements anytime, anywhere on any device.

Earlier this quarter QuisLex was recognized as an ACC Value Champion for its work re-engineering Ocwen Financial Corporation’s due diligence delivery model. QuisLex built an Artificial Intelligence (AI) based technology-enabled process that defines roles for each of Ocwen’s in-house and external legal teams to fit the unique value they bring to a specific project. Ultimately delivering significant cost savings, completing the project in record time, and creating a database that Ocwen's business and legal teams use regularly now for other purposes. This was the second time a project supported by QuisLex was recognized as an ACC Value Champion.

“The projects underlying these awards are shining examples of how companies can work with legal service providers like QuisLex to design bespoke solutions to meet complex business needs and drive real business results,” says Chase D’Agostino, Executive Director of Corporate Solutions at QuisLex.

The recognitions from the Financial Times and Association of Corporate Counsel add to the long streak of industry accolades for QuisLex. Earlier this year QuisLex was selected as a Top Tier Legal Process Outsourcing (LPO) Provider in the Chambers Global 2018 Guide, capping an unprecedented eight-year streak, being recognized every year since the guide’s inception. QuisLex also recently won top positions in the New York Law Journal’s Best of 2018 Survey for Best Managed Document Review Services and Best Legal Process Outsourcing Provider. This is the latest in a seven-year streak of wins that resulted in QuisLex being named to the New York Law Journal’s Hall of Fame.

About QuisLex
QuisLex is an award-winning legal services provider that specializes in managed document review, contract management, compliance services, legal spend management, and legal operations consulting. Our full-time highly trained attorneys, process experts, legal technologists, statisticians and linguists work closely with our clients to reduce cost, mitigate risk and maximize efficiency. QuisLex is regularly acknowledged as a leader in the legal services industry, and is proud to be recognized by the Financial Times as an FT Intelligent Business 35, ACC as an ACC Value Champion, Chambers and Partners as a Band 1 Legal Process Outsourcing Provider, New York Law Journal as a Top Managed Document Review Services Provider, and the IACCM as its Outstanding Service Provider for contract management solutions.