As we see an increase in corporate use of Alternative Legal Service Providers (ALSP), it is interesting to see the services they use. The motivation for using these services is clear, it offers them specialized expertise and cost-control – both are important to businesses. Additionally, corporations free up time and internal resources, which allows them to focus on other items, like strategic planning. Corporations are also likely to use ALSPs to manage internal staffing issues. ALSPs can fill gaps during times of increased demand. For an overview of the services most commonly used, view our infographic below.
What is an Alternative Legal Service Provider (ALSP)?
ALSPs are companies that provide legal services outside the conventional paradigm of law firms. Alternative Legal Service Providers (ALSP) use legal technology in order to provide more efficient services. They typically offer a large roster of lawyers with various specialties. ALSP services are typically cheaper than traditional law firms. Alternative Legal Service Providers offer corporations, in-house legal departments, and law firms a way to tap into specific expertise, help in scaling to meet demand, and access to technology they likely wouldn’t otherwise have.