Law firms' captive ALSPs saw the most growth from 2017 to 2019 compared with other ALSPs, according to a new report.
February 11, 2021 at 04:00 AM
1 minute read
The original version of this story was published on The American Lawyer
The market for alternative legal service providers is growing by leaps and bounds—and most law firms are reaping the benefits, according to a new report.
Released Thursday, the Thomson Reuters report on ALSPs estimated the size of the ALSP market at the end of 2019 at nearly $13.9 billion. This represents significant growth since 2017, when Thomson Reuters estimated its size at around $10.7 billion.
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