Elevate Services Ranks No. 53 on Inc. 5000 List of Fastest Growing Private Companies
High growth makes Elevate the only legal services provider in the top tier of the 2016 Inc. 5000, placing the company within the top 2 percent
Aug 18, 2016, 04:08 ET
LOS ANGELES, Aug. 18, 2016 /PRNewswire/ -- Inc. magazine ranked global legal service provider Elevate No. 53 on the Inc. 5000 list, a prestigious annual ranking of the fastest growing private companies based in the United States. Headquartered in Los Angeles with operations on five continents, Elevate serves corporate legal departments and law firms worldwide.
With a three year revenue growth rate of 4,895 percent, Elevate is the only legal services provider in the Inc. 500, the top tier of the Inc. 5000. At No. 53, Elevate is within the top 2 percent of the list overall. By sector, it is also the No. 6 Top Business Products and Services company.
"This reflects the remarkable rate of change taking place in the legal market," said Liam Brown, Founder and Chairman of Elevate, "and it demonstrates that Elevate has assembled the right team at the right time to help our clients address the complex business challenges and unprecedented cost pressures they face. More importantly, our growth is a measure of the trust our clients have placed in us to help them, and we will keep earning that trust."
"We are especially proud of achieving this high growth without raising institutional capital," said Elevate CEO Lokendra Tomar. "This strategy allows us to stay focused on doing the right things for our clients and associates without the pressures that often come from institutional investors."
Elevate has achieved several other honors in the past year, including being ranked No. 4 on the Los Angeles Business Journal's list of Fastest Growing Private Companies based in L.A and being named a top global legal service provider by Chambers and Partners, a distinction that Elevate is one of the youngest companies to ever achieve. Elevate also appeared on the 2016 Global Outsourcing 100 list, with honors for top customer references, revenue growth, employee growth, and number of countries worldwide.
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 Inc. 500|5000
The 2016 Inc. 5000 is ranked according to percentage revenue growth from 2012 to 2015. To qualify, companies had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015.
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SOURCE Elevate Services, Inc.