Special Report

Breaking Tradition: How New Law is Challenging Big Law

As clients adapt the way they source and purchase legal services, competition and collaboration among new and traditional providers is increasing. In the decade since the Great Recession, when alternative options really came onto the scene with the promise of offering a better way, the numbers and types of providers have exploded. Over the next year, we aim to bring clarity around who those alternative providers are, what they are offering, who they are representing, where they get their talent and what piece of the market they have and could attain. You\'ll meet the players, hear from clients, see examples of collaboration, learn the offerings and gain clarity into this rapidly growing segment of the legal services market.

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When corporate legal departments are looking at the proposed cost for a legal outsourcing project, a law firm’s own alternative legal service provider (ALSP) may be more expensive than an independent one. But a higher cost doesn’t automatically knock a law firm subsidiary out of consideration.

Law firm tech subsidiaries argue access to attorney expertise during a client’s entire matter provides quality that traditional ALSPs simply can’t match. And some corporate legal departments agree, noting that a law firm subsidiary provides appealing budgeting and management benefits as well. 

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Victoria Hudgins

I am a reporter for Legaltech News, where I cover national and international cyber regulations and legal tech innovations and developments.

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