Technology-powered service provider Execo announced its vision to transform the $20 billion legal support services industry by combining best-in-class GenAI with first-class human expertise.
NEW YORK, July 10, 2024 — Execo, a next-generation legal services provider, today unveiled its vision for how legal services will evolve in the GenAI era. The company has been secretly recruiting companies in strategic talent hubs in Asia, Africa, and the US for the past 12 months. The purpose is to proactively transform the traditional service model based on staff augmentation into managed services utilizing Genai that bring visible results to rapidly changing legal departments.
Since inception in 2023, Execo has combined 6 companies and their capabilities into a portfolio and currently employs 400 professionals in the US, India, Kenya, Singapore, the Philippines, and the UK. Major recruitment information projects include:
Going forward, Execo has best-in-class service delivery capabilities, strong market development and expertise, global delivery centers with highly scalable talent, and an experienced leadership team, and will further strengthen its strategy to support general counsel in navigating the increasingly crowded GenAI field by focusing on concepts such as “Return on AI” and outcome-oriented solutions.
“Our mission was to unite successful founders in a strategic technology-first labor market and rapidly integrate GenAI into their services. We've developed managed services incorporating Genai to help legal departments remove uncertainty about AI and allow legal departments to focus on results. We handle technology and make sure our customers get the best implementation results without hassle. Our goal is to empower legal departments by helping them manage GenAI and prove its value without taking the risks associated with introducing new, unproven technology,” said Patrick Linton, CEO of EXECO.
Entrepreneur Richard DeBlow, who is an executive board member and CEO of cybersecurity company Silversky, commented: “Execo's strategic use of AI is not only changing how legal services are purchased, but it is also setting new standards in terms of how they are provided and expectations not only for the number of personnel but also for implementation results. We are seeing changes where AI-specific security, quality control, compliance, and risk management are no longer a good thing to have, and become commonplace when working with alternative legal service providers.”
With a proven track record and ongoing commitment to innovation, Execo is poised to continue delivering exceptional results for clients around the world.
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