The rise of the ALSP

Quietly and inconspicuously, Alternative Legal Service Providers (ALSPs) are increasing their share of the global legal market. According to a Thomson Reuters study the ALSP market is worth over $10 billion in revenue with an annual growth rate of over 10%*. So what is driving corporate legal departments to use ALSPs versus law firms?  Why …

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Defining managed legal services

Legal services come in many shapes and forms; traditional law firms, the Big 4, legal software providers and “Alternative Legal Service Providers” or “ALSPs”, including managed legal service providers. Although traditional law firms still hold on to the biggest chunk in the market, the “alternative” providers are gaining ground due to their business model focused …

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Kalexius ranked among top ALSPs

Kalexius has been recognized as a premier managed legal service provider in the latest Chambers and Partners rankings. The ranking focuses on Alternative Legal Service Providers, ranging from dedicated LPO companies to the Big Four’s legal operations, and their added value for in-house legal departments. Chambers’ research highlights that “today’s clients are increasingly turning to more …

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