Credit: siraanamwong/Adobe Stock How Much of the Legal Services Pie Do ALSPs Have? No One Really Knows
Just trying to measure billing invoices isn't enough. From obtaining headcount to revenue figures, deciphering ALSPs' market share isn't a straightforward process, consultants and ALSP executives note.
January 06, 2022 at 01:00 PM
3 minute read
Alternative Service Providers
Accurately measuring the growth of alternative legal service providers (ALSP) in the legal market is no easy feat. While surveys conducted from self-reporting vendors might paint a picture of underuse, interviews with industry consultants may provide a conflicting, rosier outlook for the sector. Instead, ALSP executives and observers said ongoing personnel, business and services growth offer clearer indications of the sector's trajectory.
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