The Alternative Legal Services Providers 2023 Report published by Thomson Reuters Institute, Georgetown Law and the University of Oxford shines a light on the increasingly integral role of ALSPs in the legal ecosystem.

Based on responses from leaders of law firms and corporate legal departments, ALSPs are now being embraced for their broader impacts — helping firms retain important accounts, for example, and providing legal teams with highly specialized services — in addition to the time and cost savings that brought ALSPs to the fore in the first place.