Description

The legal service industry today is a buyers’ market and corporate legal departments are increasingly turning to non-traditional service providers – or Alternative Legal Service Providers (ALSPs) – to cut costs and deliver more value. Join us to hear about the results of a recent study conducted by Thomson Reuters, the Center for the Study of the Legal Profession at the Georgetown University Law Center, and Saïd Business School at the University of Oxford, on the use of ALSPs. The study examines the impact ALSPs are having on how legal work is getting done and uncovers surprising new trends and insights into the value that corporations are realizing by working with ALSPs. The discussion will include insights into motivating factors, concerns, usage and spend rates by service type, satisfaction levels, and anticipated future trends.

Objectives:

• Five types of ALSPs, and their approximate market size
• Why are firms and in-house departments using ALSPs?
• What types of tasks and applications do ALSPs perform for firms and corporate law departments.
• How are attitudes toward the use of ALSPs changing?

Speaker(s):

• David Curle, Thomson Reuters