TBA Law Blog


Posted by: Stacey Shrader Joslin on Feb 3, 2023

Alternative legal services providers, known as ALSPs, have shown accelerated growth and now make up $20.6 billion of the legal market, according to a recent report. The Thomson Reuters Institute’s biennial “Alternative Legal Services Providers 2023” found that ALSPs are up 45% since the last report in 2021. The most common use of ALSPs is for specialized expertise. But the lines between ALSPs, firms, corporate departments and technology and software firms are “rapidly blurring,” according to the report. The ABA Journal has more on the findings.