Move Over Big Law. It's Time for an 'Alternative.'
This week, we explore how the $10.7 billion alternative legal services provider industry is disrupting the traditional client-law firm dynamic.
February 01, 2019 at 10:57 AM
2 minute read
Alternative legal service providers have law firms on their heels to figure out how to compete against these lower-cost rivals and how to work with them to keep clients happy.
The disruption created by the $10.7 billion ALSP industry was a big topic at Legalweek New York Jan. 29-31, where close to 8,000 legal professionals from around the globe gathered to explore new technologies, business innovation and the industry's future.
While at the conference, Legal Speak sat down with Bill Deckelman and Jae Um to get their insight on the impact that the growing ALSP industry is having on traditional client-law firm dynamic. Deckelman is general counsel at DXC Technology Co., which made a big splash about 18 months ago when it contracted with United Lex, an ALSP, to outsource a big chunk of its legal work.
Um, an ALSP expert, recently joined Baker McKenzie as the law firm's director of pricing strategy. She founded the legal industry consultancy Six Parsecs and previously worked in legal operations and strategy roles at Seyfarth Shaw.
Listen to the podcast above or find us on Apple Podcasts, Google Play, Overcast or Libsyn.
Legal Speak is brought to you by Econ One, offering economic expertise, consulting and dispute resolution, and data analytics.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllScan In Progress: Litigators Leverage AI to Screen Prospective Jurors
1 minute readLegal Speak at General Counsel Conference East 2024: Match Group's Katie Dugan & Herrick's Carol Goodman
2 minute readLegal Speak at General Counsel Conference East 2024: Eric Wall, Executive VP, Syllo
1 minute readLegal Speak at General Counsel Conference East 2024: Virginia Griffith, Director of Business Development at OutsideGC
1 minute readTrending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250