Majority of US law firms, in-house legal teams using ALSPs, Thomson Reuters survey finds
16 February 2021
Majority of US law firms, in-house legal teams using ALSPs, Thomson Reuters survey finds
Alternative legal service provider market hits point of maturity as 80% of law firms say they use them
Pasuwan; shutterstock The alternative legal service provider (ALSP) market has ‘reached a point of maturity’, with US law firms and corporate legal departments using them for a wider remit of work, according to a Thomson Reuters survey. The Alternative Legal Service Providers 2021 Survey – produced in partnership with Georgetown Law and Saïd Business School – found that 79% of law firms and 71% of in-house teams now engage ALSPs for legal work compared to 51% and 61% respectively in 2016.