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WHAT WE’RE WATCHING
SO LONG, TRADITION – Throughout most of its history, the legal market has encompassed two driving forces—clients and law firms. How times have changed. Today, clients are supplementing or even replacing firms with a host of legal and technology service providers. These “New Law” entrants, also known as alternative legal service providers (ALSPs), come in all sizes and flavors, from those focused solely on e-discovery or contract management, to others tackling clients’ staffing or compliance needs. But it’s an open question where New Law fits into the legal ecosystem. Today, Law.com releases its Breaking Tradition series that, over the next 12 months, will shed light on how New Law came about, its impact on the current market, and what it portends for the future.
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