The emergence of alternative legal service providers (ALSPs) is having a notable – and growing – impact on the legal market. The implications for law firms and corporations, and where the ALSP market is heading, was the subject of a comprehensive new study of ALSPs that was discussed at a panel today at Legal Tech …
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legal process outsourcing
Peer Monitor Index drops in Q4
The see-saw trends in the market for law firm services continues. The Peer Monitor Economic Index (PMI), which measures the relative health of the legal marketplace, fell in the fourth quarter, dropping three points to 54. Overall, 2014 saw weak but steady growth in demand. However, falling productivity and rate growth helped to dampen law …
- February 18, 2015
- Susan Martin
Is doing more with less keeping you up at night?
The legal landscape continues to be filled with challenges impacting corporate counsels’ role as legal advisor as much as their responsibility to best manage limited resources. In addition to practicing law, corporate legal departments must manage a budget, staff, use of technology, outside counsel spend and non-law firm legal services, such as legal process outsourcing …
- December 4, 2014
- Jeff McCoy