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.

Analysis

Law Firms Must Learn How to Collaborate With ALSPs—Clients Are Waiting

“Law firms have to stop seeing things through their own prism—what’s good for us. Instead they need to look for what is in the best interest of the clients,” says one former firm managing partner. And increasingly, that means collaborating with outside service providers.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
corporate company innovation collaboration people merger idea Credit: bakhtiarzein/Adobe Stock.

Lucy Bassli, a former assistant general counsel at Microsoft, recounted the in-house counsel’s wish list earlier this year at Legalweek NY. It boiled down to a holistic offering that blends legal, tech and project management skills. And it was a cocktail she didn’t want to have to mix on her own.

“In-house people don’t want to manage all of it—we want law firms to be the ones to take on a general contractor role and maintain the relationship,” Bassli, founder of InnoLegal Services, said in February. “To best serve the client, don’t offer to introduce them to a new technology tool or a third-party service provider. Do it for them.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Dan Packel

Dan Packel

Dan Packel covers change and innovation in the legal services market, and writes a weekly briefing for Law.com, "The Law Firm Disrupted," on these subjects. He is based in Philadelphia. Contact him at [email protected] On Twitter at @packeld

More from this author

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

More from ALM

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Privacy Policy

About Us / Contact Us / Site Map / Advertise With Us/ Customer Service / Terms of Service/ FAQ / Privacy Policy

Publications

Law Topics

Rankings

More

Law.com

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.