Alternative legal service providers (ALSPs), otherwise known as “New Law” entrants, continue to gain traction in our modern legal services landscape. Accounting for nearly $14 billion of global market share, this rapidly expanding community now occupies a crucial role as a key business partner — if not lucrative practice innovation — for a profession fundamentally transformed.
Building upon two previous biennial studies of the global ALSP market, Thomson Reuters, the Center on Ethics and the Legal Profession at Georgetown Law, and the Saïd Business School at the University of Oxford, are pleased to host an essential overview of global trends and key takeaways from the newly launched 2021 Global Alternative Legal Service Providers Report. Our distinguished panel offers a rigorous take on the immediate and long-term impact of the ALSP market’s influential rise within an industry still adjusting to modern times.
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