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WHAT WE’RE WATCHING
THE COST OF COMPLEXITY - Is a price advantage the only thing that separates an ALSP from your regular, garden variety LSP? That’s a question some alternative legal service providers are wrestling with as they seek to take on more complex—and more costly—matters, Frank Ready reports. But getting more sophisticated doesn’t necessarily have to mean jacking up rates, nor does charging more have to cause an identity crisis. ALSPs have plenty more to offer, including efficiency, risk mitigation and the ability to scale up. As Quislex CEO Ram Vasudevan puts it: “I think the cost is one aspect. I certainly don’t think that’s the only aspect. Because if that’s the only advantage then there’s really no advantage.”
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