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Alternative Legal Service Providers 2019.pdf

alsp-report-final.pdf
Preview of Alternative Legal Service Providers 2019
🔗 Source: legal.thomsonreuters.com
📊 Size: 8.38 MB
👤 Author: Thomson Reuters
⬇️ Downloads: 151

Summary

The alternative legal service provider (ALSP) sector has grown significantly, with revenues increasing from $8.4 billion in 2015 to $10.7 billion in 2017, representing a 12.9% compound annual growth rate. ALSPs perform tasks such as litigation and investigation support, legal research, document review, eDiscovery, and regulatory risk and compliance, leveraging different business models and technology to gain efficiency. The industry is expected to continue growing, with corporations and law firms increasingly engaging ALSPs, and the Big Four accounting firms being among the largest and fastest-growing ALSPs. Key trends include the growth of corporations' use of ALSPs, law firms experimenting with ALSP strategies, and ALSPs offering more sophisticated services to more customers, with technology adoption being a key driver of this growth.

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Description

The alternative legal service provider (ALSP) sector has grown significantly, with revenues increasing from $8.4 billion in 2015 to $10.7 billion in 2017,...

Technical Information

  • File Format: PDF
  • File Size: 8.38 MB
  • Pages: 20
  • Language: EN
  • Author: Thomson Reuters
  • Total Downloads: 151
  • Last Updated: 1 week ago

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This PDF document about Alternative Legal Service Providers 2019 provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Alternative Legal Service Providers 2019.

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