Pratik Patel is an advisor with MaRS LegalX and VP, Legal Business Solutions at Elevate Services. Pratik leads Elevate’s consulting practice focused on design, development and delivery of practical solutions to help corporate law departments and government agencies reduce legal spend, and help law firms improving profitability through use of value-based pricing (AFAs).
Pratik joined Elevate as part of the acquisition of RFx LEGAL Analytics in 2012, prior to which he served as a founding member and partner at RFx LEGAL, a leading provider of legal spend management, analytics and sourcing intelligence solutions, which he led from inception to becoming a recognized legal spend management provider. Prior to RFx LEGAL, Pratik served as a senior managing consultant at Huron Legal, where he played a key role in the rapid growth of Huron’s Legal consulting practice. During his time at Huron Legal, Pratik worked closely with Fortune 500 General Counsel, Law Department Managers and Legal Finance Managers to develop strategic roadmaps for enhancing various areas of their legal operations, including outside counsel management, law firm sourcing and selection, legal matter management, e-billing, contract lifecycle management, legal holds, e-discovery and document management.