In 2020, Chambers published its first rankings report of ALSPs, found here: Chambers Alternative Legal Service Providers 2020: Professional Advisors. This is not just a sign of things to come, but a vivid reflection of today’s marketplace. Coming from an established source of deeply researched rankings and reviews, a source driven by real participation by in-house counsel and clients, this is solid confirmation of the depth and force of market change.
Indeed, the language Chambers uses in this report strongly suggests they are testing their audience’s reaction to ranking ALSPs like law firms. We believe it’s possible that, in the future, Chambers will rank ALSPs right alongside law firms. It is powerful confirmation of a continued trend by which ALSPs have become a greater force, often in competition with law firms, inside and outside the U.S.