. Credit: paul_craft/Adobe Stock Generative AI and ALSPs: 'Opportunity for Growth' or Services 'Under Threat'?
Generative AI will ultimately impact each alternative legal service provider differently depending on its size, scale and areas of expertise. While some service areas are clear matches for the technology, others could be under threat.
June 12, 2023 at 04:57 PM
6 minute read
It's not every day that a technology quickly catches on and impacts all facets of the legal markets—from the courtroom and judges to lawyers, legal tech providers and regulators. But what will generative AI mean for alternative legal service providers (ALSPs), arguably the youngest players in the industry?
For ALSPs that have been steadily earning a bigger slice of the legal services pie in recent years, generative AI could further accelerate that trend. Many expect that the technology will not only allow providers to handle more legal work, but also tackle more complex tasks that they may have not been trusted with in the past.
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