Extract from article by Stephen Wood
It’s conventional wisdom that cost savings is the primary driver in this space [Alternative Legal Service Providers], but that opinion is beginning to change. While cost is still a major driver with some of the more routine services like document review, many organizations are also looking for expertise when deciding on more complex services such as eDiscovery. Law firms often take advantage of this expertise to meet peak demand without having to increase the firm’s permanent headcount. Corporations, on the other hand, will use ALSPs to fill gaps in expertise within their in-house teams.
- The Big Bang for Alternative Legal Services Providers
- Changes in the Legal Market: The End of the Beginning