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Law Firms + ALSPs


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Benefits of USIng MY
Alternative legal service providers





The ALSPs and other service providers I have identified can support law firm operations and they can act as an extension of your legal team. They can support just about any facet of the business and practice of law. They can be more involved in the day-to-day management of the work or you can be. Solo practitioners to multi-national law firms, large projects or small: I can help your law firm become more competitive and successful through the use of ALSPs. For purposes of this site, I may be using a broader definition of ALSPs than some (I include KPO, BPO, LPO but use "ALSP" as a convenient catch-all). My aim is straightforward and win-win: to help you improve your law firm's bottom line and profit margins while also delivering more value to your clients by leveraging outsourced business of law and legal service providers. Your law firm can use ALSPs to:


  • Innovate
  • Be Agile
  • Expand Geographic Reach
  • Access Otherwise Cost-Prohibitive Technology
  • Access Specialized Expertise and Hard-to-Find Skillsets
  • Grow Virtually
  • Get Low-Cost Help on Demand
  • Augment an Overworked/Understaffed Team
  • Remove Tedium
  • Improve Margin
  • Improve Turnaround Time
  • Improve Quality
  • Demonstrate Value to Clients
  • Remain Competitive in an Expanding Market of Legal Service Providers




Capabilities of my alsps





Here are some types of support ALSPs in my database can offer:


Accounting

Administrative Assistance

Client Service

Competitive Intelligence

Compliance

Contract Lawyers and Staffing

Contract Lifecycle Management

Corporate Formations and Maintenance

Data Analysis

Desktop Publishing

Discovery and Electronic Discovery

Document Assembly

Document Review

Due Diligence

Investigation

IP Management

Lease Abstraction

Legal Research

Litigation

Market Research

Marketing

Notary

Paralegal

Word Processing







Innovate



With ALSPs, your law firm can quickly build and test new practice areas, leverage expensive technology, and provide new services to your clients, in a shorter period of time, with a lower up-front investment, and with less risk to your organization than if you tried to achieve this in-house.



Be Agile



Reduce your law firm’s fixed costs and scale up with resources only as-needed. In this VUCA (volatile, uncertain, complex, and ambiguous) world, being able to pivot quickly is critical.



Expand Geographic Reach



Enter new markets with multi-lingual support around the globe.



Access Otherwise Cost-Prohibitive Technology



Why buy software, invest in training your team and navigating those change management hurdles, and deal with onerous updates, when you can benefit from working with service providers who have the technology and know-how to use it from the day you engage them?



Access Specialized Expertise and Hard-to-Find Skillsets



Is there a function within your law firm that is not upskilling with the times or that is phasing out in the industry but cannot easily be replaced in the interim? Are you having difficulty finding local talent? Do you need to access specialized expertise for a project or a short period of time?



Grow Virtually



Firms locked into office leases? Grow your headcount and resources virtually through ALSPs and benefit from reduced per capita expenses.



Get Low-Cost Help on Demand



Where is the team overwhelmed? Is there an industry or practice area in which your firm is trying to grow?



Remove Tedium while Improving Margin



High volume, low margin work (low margin PRIOR to using ALSPs, to be clear)



Improve Margin on Price-Sensitive Work



Where are clients placing price pressure on law firms? Where are firms competing on price? ALSPs can perform a portion of work at a lower cost while law firms can save time and supervise that work for a fee. The end result? Clients can see a lower price overall while the law firm makes a profit and frees up its internal capacity to perform higher-value work.



Improve Turnaround Time



Have work that needs to be turned around on a tight deadline? Many ALSPs offer 24/7 support.



Improve Quality and Value



Many ALSPs have certain processes down pat and, combined with their knowledge and project management capabilities, they produce high-quality work at a good value.



Demonstrate Value to Clients



When clients can see that you are right-sizing work by pushing it down to lower-cost, effective resources, they appreciate it. Your law firm's value proposition can be a true differentiator these days.



Compete in an Expanding Market of Legal Service Providers



Many law firms (of all sizes) and their clients already rely on ALSPs. Many firms have even created their own ALSPs. The line between traditional law firms and ALSPs is beginning to blur. Would you rather try to beat them or join them? Either way, it is important to understand ALSPs. Work with them. Learn from them. See what your firm is up against.





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