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Alternative Legal Service Providers: A Lifeline for the Struggling Tech Market
The tech industry, characterized by its rapid growth and constant innovation, is not immune to economic downturns. During a recession, tech companies often find themselves facing a dual...
ALSP Legal Sector definitions for Dummies
The realm of Alternative Legal Service Providers (ALSP) continues to demonstrate its dynamic nature within the broader legal ecosystem. It is experiencing rapid growth, creating innovative paths...
Joining the ALSP Bandwagon
Legal outsourcing is slowly – but surely – taking over more and more from the legal sector, and there is no doubt that it’s here to stay. Legal outsourcing is the process whereby a...
The New World of Alternative Legal Service Providers – ALSPs
The corporate legal landscape is witnessing significant changes as legal departments increasingly turn to alternative legal service providers to address mounting workloads and compliance...
Enhancing Efficiency and Cost Control with Legal Spend Management
The Role of Alternative Legal Service Providers in Legal Spend Management Legal spend management plays a crucial role in today’s legal landscape, enabling organisations to effectively...
3 Key Considerations When Exploring Legal Outsourcing
In an increasingly competitive and cost-conscious legal landscape, law firms and in-house legal departments are faced with the challenge of delivering high-quality legal services while managing...
Doing more with less: why turning to an ALSP makes financial sense
In an increasingly competitive business landscape, law firms and legal departments are under constant pressure to find innovative ways to improve efficiency and reduce costs. One strategy that...
Why ALSPs could be a law firms greatest asset
Law firms are the historical gatekeepers of the legal industry, rarely looking to make new friends. ALSPs are the new kids on the block, radically transforming the delivery of legal services. For...
Generative AI: Friend or foe to the traditional law firm model?
Artificial intelligence (AI) is having a significant impact on the traditional law firm model, forcing law firms to adapt and change their approach to legal services. These are not LawFlex’s...
The future of legal service delivery
Thomson Reuters’ highly anticipated Alternative Legal Services Providers 2023 Report reported a transformation in the legal industry. It revealed a marked shift that many in the alternative legal...
Is the billable hour dying? Legal Process Outsourcing could be the answer
Legal Process Outsourcing to the rescue The billable hour is a mainstay of the traditional law firm. Direct links can be drawn between law firm input, output, and revenue. However, it is...
Boom or Bust: COVID-19 and the Legal Outsourcing M&A Market
Legal process outsourcing is experiencing the dawn of a new era. In what was widely perceived as a hand-off from the FinTech Revolution, LegalTech and ALSPs are the new golden child of private...