Execo is expanding its delivery capabilities by recruiting alternative legal service provider (ALSP) Cacti Legal.
NEW YORK, July 11, 2024 — Execo, a next-generation alternative legal services provider, today deepened its commitment to the legal industry by strategically hiring Cacti Legal, a pioneer in AI-driven legal management services including contract lifecycle management (CLM), contract abstraction, and legal support. This recruitment information marks Execo's sixth recruitment in just 12 months, and highlights the company's ongoing strategy of strengthening capabilities by integrating legal process outsourcing (LPO) companies and alternative legal service providers (ALSPs) into its global portfolio.
“Legal departments are increasingly looking to adopt technology that promises significant ROI, yet obtaining reliable implementation results often requires extensive human intervention. In Execo, the focus is on so-called “return on AI.” In other words, it's about enabling AI integration to not only meet pressing technical needs, but also provide lasting value,” said Patrick Linton, CEO of EXECO. “We believe technology is a tool for enhancement, not a replacement for it, and we place expert human judgment at the core of our work. This approach is essential for legal departments and enterprises seeking to effectively advance complex AI implementations.”
Led by attorney-turned-tech entrepreneur Akhilesh Rautray, Cacti Legal has been at the forefront of transforming lawyers into legal engineers who use technology to efficiently enhance legal service delivery.
Rautray stated: “Consulting firms and legal departments are looking for new and better ways to successfully integrate technology into everyday services without increasing risk or complexity. We believe in Execo's vision to redefine how alternative legal services are delivered by carefully incorporating GenAI, and we must not forget that human intervention, governance, and proactive GenAI vendor evaluation and selection are key to true success in the legal AI world. Our team of legal engineers is excited to continue delivering world-class solutions to our customers as they navigate this new world of legal AI.”
Routlay and his co-founders Nitin Agrawal and Saurabh Agrawal will assume senior global leadership positions at Execo.
Established in 2023, Execo is a next-generation legal service provider and is trying to change the way companies interact with providers by carefully incorporating GenAI where it matters and human resources where it matters. Execo is actively recruiting successful legal service providers and transforming the traditional FTE-based business model into managed legal services utilizing Genai that brings visible results to rapidly changing legal departments. Led by entrepreneur Patrick Linton and a strong management team backed by years of experience implementing business solutions, Execo's 400 professionals serve over 100 clients across 6 countries. For more information, visit www.execo.com.
Aaron Marks Chief Marketing Officer aaron@execo.com