LOS ANGELES, Nov. 16, 2016 /PRNewswire/ -- Elevate Services, a global legal service provider, was named the No. 24 fastest growing private company in the annual top 100 ranking published by the Los Angeles Business Journal.
Elevate's three-year revenue growth rate of 456 percent placed the company in the top quarter of the list for the second year in a row, making Elevate one of only three companies on the 2016 list to rank in the top 25 for two consecutive years. Last year, Elevate was ranked No. 4, with a revenue growth rate of 2,388 percent, making it the highest-ranked professional services company on the 2015 list.
"We have seen strong growth in our legal services, legal consulting, and legal technology lines. We've been engaged by many new customers and expanded how we serve most of our current customers, " said Elevate CEO Lokendra Tomar. "This reflects the expertise, experience and dedication of the team we are building."
Elevate received several honors in 2016, including ranking No. 53 on the Inc. 5000, the list of the fastest growing private companies based in the United States, published by Inc. magazine. Chambers and Partners named Elevate a top global legal service provider. Elevate also appeared on the Global Outsourcing 100 list, with honors for top customer references, revenue growth, employee growth, and global footprint.
"Disruptive change is taking place in the legal sector. We set out to build a 'legal integrator' that supports positive change through innovation," said Liam Brown, Founder and Chairman of Elevate. "This recognition offers more evidence that we are helping customers embrace change, adapt, and turn it into opportunity."
About Elevate Services, Inc. Elevate is the business of law provider of strategy, operations, technology and talent for legal departments and law firms. Elevate's consultants, lawyers, process engineers, and technologists improve efficiency, quality and outcomes for clients worldwide. Learn more at elevateservices.com.
About the Rankings The Los Angeles Business Journal publishes annual rankings, by percentage revenue growth, of the top 100 fastest growing private companies headquartered in the greater Los Angeles area. According to 2015 data, Los Angeles was the third largest economic metropolitan area in the world, after Tokyo and New York. The GDP of the greater Los Angeles area was $931 billion in 2015, larger than the world's sixteenth largest national economy, Indonesia. Online at labusinessjournal.com