Last Friday, Bloomberg Law reported survey findings supporting the same conclusion I reached in a post two weeks ago:
“While these results indicate that most respondents are using ALSPs [“alternative legal services providers”, or “law companies”], it’s interesting that they’re being used for a relatively small proportion of an organization’s workflow, despite the specialized services and cost-saving potential ALSPs offer.” Continue reading
Too often, in-house law departments and law firms use licensed lawyers (Category #1 below) to perform routine, recurring tasks that an alternative legal services provider (ALSP) or law company (Category #2 below) could do more cheaply, faster, and with higher accuracy.
CFOs and others in the C-suite should take a hard look at using ALSPs and law companies for routine, recurring legal tasks. Because in-house law departments and law firms, for the most part, are not doing so. Continue reading
Managing Legal