The default mode for law firms consists of custom-made work, done manually by one or more attorneys, in response to a one-off request. That’s been true for decades — and it remains true as law firms deploy recent law graduates at hundreds per hour to do low-level grunt work in aid of more highly compensated law partners.
Meanwhile, given intense legal and regulatory demands, corporate law functions struggle to bridge the gap between the resources they have and the ones they need. Absent an unlimited Legal budget, simply assigning more lawyers is not sustainable.
Rachael Pikulski of Bloomberg Law reported in July that, despite the break-through solution they present to corporate law departments, alternative legal services providers (ALSPs) are “being used for a relatively small proportion of an organization’s workflow, despite the specialized services and cost-saving potential ALSPs offer.” Continue reading