Source: Axiom
Axiom announced its clients avoided more than $100 million in legal costs in 2024 by leveraging Axiom’s high-quality legal talent vs. paying Big Law rates for similar work. Fueled by the value it generated for its clients, Axiom also reported its best year ever in terms of business performance and client expansion.
“Last year was an all-time record for Axiom in terms of revenue, new engagement wins, and new client acquisition, which reflects the expanding role we’re playing for our clients as they face ever-increasing pressure to improve efficiency, expand capacity, and do more for less,” said David McVeigh, CEO of Axiom. “Axiom was founded 25 years ago on the principle of delivering more value in legal services to in-house teams. We set the standard for value then and have raised the bar for value in legal services ever since, in partnership with our top-rated lawyers and legal professionals and amazing clients around the world.”
“The thing we’re proudest of—and always derive most satisfaction from—is helping our clients to succeed,” said David Pierce, Chief Commercial Officer at Axiom. “That means amplifying their ability to bridge gaps and handle spikes in work; helping them navigate and manage complex, large projects; delivering a better and more cost-effective way to handle basic litigation; giving them access to fractional general counsel; and acting as a high-quality, smartly priced alternative to Big Four consultancies and AmLaw firms. Our goal is equipping our clients to achieve their goals, in whatever shape that takes.”
Read the full article: https://www.axiomlaw.com/resources/press-releases/axiom-drives-over-100-million-in-cost-avoidance-for-in-house-legal-clients-in-2024#_ftn3
