Law Firms' ALSPs are Banking on Expertise Over Price. It's Working.
While a law firm's alternative legal service provider (ALSP) may be more expensive, corporate legal departments says there's more than just the vendor's Big Law backing that is appealing.
August 20, 2020 at 10:30 AM
3 minute read
When corporate legal departments are looking at the proposed cost for a legal outsourcing project, a law firm's own alternative legal service provider (ALSP) may be more expensive than an independent one. But a higher cost doesn't automatically knock a law firm subsidiary out of consideration.
Law firm tech subsidiaries argue access to attorney expertise during a client's entire matter provides quality that traditional ALSPs simply can't match. And some corporate legal departments agree, noting that a law firm subsidiary provides appealing budgeting and management benefits as well.
To be sure, directly engaging an ALSP not associated with a law firm is still the norm, noted TE Connectivity legal operations business performance senior manager James Michalowicz.
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