Dive Brief:
- The alternative legal services provider Proxiio Global Solutions, which serves both in-house legal departments and law firms, announced it has launched operations in the U.S.
- The company headquartered in India said in a press release that it “aims to transform the legal landscape by seamlessly merging human intelligence with cutting-edge technology.”
- Proxiio’s team features lawyers with knowledge and experience regarding managed review, litigation and investigation, including e-discovery, witness preparation, claims evaluation, data subject access requests, contracts and compliance management.
Dive Insight:
Proxiio’s launch in the U.S. comes amid an ongoing expansion of the market for alternative legal services providers or ALSPs.
For example, the Thomson Reuters Institute reported last year that the market for ALSPs had grown to more than $20 billion.
Corporate in-house legal departments in the U.S. most commonly use ALSPs for regulatory risk and compliance, legal research and e-discovery services, the Alternative Legal Services Providers 2023 Report found.
As for Proxiio, the company said it aims to tackle clients’ legal challenges by starting with the core lawyering tasks and then working “to design efficient and meaningful processes.”
The ALSP emphasizes the importance of integrating technology into the processes it designs. The company said it is platform agnostic and devises technological solutions for clients based on their individual needs.
“Proxiio actively incorporates automation technologies, including AI, to further enhance efficiency and provide even greater value,” the company said in its press release.
The company’s leadership team features executives who possess more than 140 years of combined industry experience in the legal, financial and technology verticals.
Proxiio also has a full-time team featuring qualified attorneys and certified project managers who have “decades of experience in leading the delivery of legal services for law firms and general counsel at Fortune 500 corporations,” according to the press release.
The company said it is ISO-certified for information security and quality assurance. Additionally, Proxiio is a RelativityOne Certified Partner.
“Corporate legal departments and midsize law firms today are looking for a more customized, personalized, transparent solution with a high level of communication, which can be hard to find in today’s market, and we know that Proxiio can deliver to this level,” said Peter Vazquez, VP of business development based in the U.S., in a prepared statement. “Clients of Proxiio will receive services that are seamlessly integrated with their business, no matter the size of the firm or the legal department.”