A potential economic downturn has been looming over the legal market for some time now, and while the full consequences of a recession are hard to predict, some legal businesses may come out of it winning.

Take for instance, alternative legal service providers. The combination of legal departments’ tighter budgets, an openness to explore alternative legal services born out of the pandemic and an increased maturity in the services New Law offers has created a favorable environment for ALSPs’ market share to grow exponentially.