Taking stock as Big Law's 'captive' ALSPs expand their reach

Reuters

October 06, 2020

 

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NEW YORKOctober 6, 2020 — As alternative legal service providers have proliferated in recent years, traditional law firms have looked to compete by launching their own ALSP ventures.

The trend isn't new, but it's growing, and so is interest in tracking the evolving ecosystem.

On Tuesday legal marketing and advisory firm Baretz+Brunelle analyzed the prevalence, structure and services of "captive" law firm ALSPs, identifying 48 of them focused on areas such as e-discovery, due diligence and contract review.

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