U.S. ALTERNATIVE LEGAL SERVICE PROVIDERS MARKET SIZE TO REACH USD 18.83 BILLION BY 2025, GROWING AT A CAGR OF OVER 23% DURING THE FORECAST PERIOD.

U.S. Alternative Legal Service Providers Market Size, Share, & Trends Analysis Report by Providers (New Law Companies, Captive LPOs, Staffing/Recruiting and Contract Lawyer Companies, and Others), Services (eDiscovery, Investigation and Litigation Support, Contract Management, Document Review and Coding, Regulatory Risk and Compliance, and Others), End-users (Law Firms and Corporations), and Geography (US), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020-2025

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Most Exhaustive Report

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182 Pages

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14 Tables

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57 Charts

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1 Regions

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1 Countries

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24 Companies

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3 Market Segment

U.S. ALTERNATIVE LEGAL SERVICE PROVIDERS MARKET REPORT SCOPE

Report Attribute Details
Market Size (REVENUE) USD 18.83 Billion (2025)
CAGR 23% (2020-2025)
Base Year 2019
Forecast Year 2020 - 2025
Market Segments Providers (New Law Companies, Captive LPOs, Staffing/Recruiting and Contract Lawyer Companies, and Others), Services (eDiscovery, Investigation and Litigation Support, Contract Management, Document Review and Coding, Regulatory Risk and Compliance, and Others), End-users (Law Firms and Corporations)
Geographic Analysis United States

INDUSTRY INSIGHTS

The U.S. alternative legal service providers market size to reach USD 18.83 billion by 2025, growing at a CAGR of over 23% during the forecast period. The ALSP industry will grow at a staggering CAGR during the forecast period. The revenues for alternative legal services providers market in US is expected to cross revenues of over $18 billion by 2025. This represents a compound annual growth rate of over 23% during the forecast period. The impact is due to the intense business and regulatory changes driving the need for sweeping, company transformations, and creating expansive hurdles for compliance and legal functions. While the market for legal services is currently in the nascent stage, they are driving a future focus that is centered on the growth and advancement of end-to-end solutions.

Alternative legal service providers increasingly appear on the horizon – they are mostly less expensive than in-house counsel and are better attuned to help confront legal struggles. They can aid with augmenting business operations and are thus gaining popularity. While historically in-house departments acted as low-cost alternatives to traditional law firms, the cost of conducting business and climbing salaries of law professionals is looming threats for in-house law management, thereby increasing the popularity of alternative legal services.

SNIPPETS

  • Intense changes in the business and regulatory landscape are driving the need for sweeping, company transformations, thereby creating expansive hurdles for compliance and legal functions.
  • As the distinction between traditional and alternative services is blurring, investing resources in brand definition and legal market positioning is more crucial than to facilitate awareness and understanding.
  • The US ALSP market by eDiscovery is expected to grow at a compounded annual growth rate of over 24% during the forecast period.
  • The new law companies segment is expected to reach over $1.4 billion by 2025.

U.S. ALTERNATIVE LEGAL SERVICE PROVIDERS MARKET SEGMENTATION

The market research report includes detailed segmentation by

  • Products
  • Services
  • End-user
  • Geography

INSIGHTS BY PROVIDER

New Law firms have been the most disruptive players in the market, accounting for major work carried out in the document review and litigation spheres. There is a growing trend of building strong SLAs and use of performance metrics. With the growing openness of large law firms, there comes a growing affinity for a blended approach to deliver services. This approach has been increasingly adopted across firms over the last couple of years. 

As law firms, big as well as small, look to reclaim their position in the market, they have been developing in-house alternative legal service providers that can afford them the ability to delve into more services.

INSIGHTS BY SERVICES

The proliferation of the internet and smart device, along with the security and data privacy regulations are having their effect on the market. As the US is constantly refining eDiscovery laws via case rulings and the global privacy trend is having its bearing on American litigators, law teams are under more pressure to keep atop protection or privacy obligations. Hence, the US alternative legal service providers market is evolving at a rapid rate and faces possibilities of AI disruption.

As several organizations predict an uptick in litigations, the market for litigation and investigation support is expected to grow. Thomson Reuters accounts for a significant share of the market. They are constantly innovating their products to the changing realities of regulations and compliance demands. Businesses that venture in international trades are being threatened by trade wars, as a result, the environment is likely to be increasingly litigious.

INSIGHTS BY END-USERS

A shift in focus from brand status and services to efficacy, providing high viability on investments. The demand for document review and legal research continues to grow significantly. Unlike law firms, corporates tend to employ one alternative legal service provider or partner with them along with a law firm.

There is a lesser likelihood of using different service provider. This is expected to create a demand for services, which can be “all things to all people.” This has led to the service providers operating in the market taking huge strides to provide high value instead.

KEY VENDOR ANALYSIS

Alternative legal service providers have essentially entered the landscape around 2000, evolving with spurts across two time periods: from 1999-2007 wherein outsourcers such as Axiom, Integreon, and Exigent made their way into the market. The market is witnessing a growing number of global law firms, which are imparting credibility to the concept of legal service delivery. With clients increasingly moving further afield in the Rogers Diffusion Curve, lawyers and law firms will account for a less dominant share.

Hybrids of law firms and legal industry and alternative staffing companies are expected to become a norm, complementing law firms. The contrast is likely to be in terms of AI or technologies which is expected to contribute to the differentiation of new law companies.

The U.S. alternative legal service providers market research report includes in-depth coverage of the industry with revenues & forecasts for the following segments:

Market Segmentation by Providers

  • New Law Companies
  • Captive LPOs
  • Staffing/Recruiting and Contract Lawyer Companies
  • Others

By Services

  • eDiscovery
  • Investigation and Litigation Support
  • Contract Management
  • Document Review and Coding
  • Legal Research
  • Regulatory Risk and Compliance
  • Others

By End-users

  • Law Firms
  • Corporations

Frequently Asked Questions

What is the market size and CAGR of the U.S. Alternative Legal Service Providers market?

US alternative legal service providers market size to reach USD 18.83 billion by 2025 growing at a CAGR of over 23% during the forecast period.

What factors are driving the 'U.S. Alternative Legal Service Providers market?

The ALSP industry will grow at a staggering CAGR during the forecast period. The revenues for alternative legal services providers market in US is expected to cross revenues of over $18 billion by 2025. This represents a compound annual growth rate of over 23% during the forecast period. The impact is due to the intense business and regulatory changes driving the need for sweeping, company transformations, and creating expansive hurdles for compliance and legal functions.

Who are the key vendors in the

Allen & Overy, Axiom, Elevate, and UnitedLex are the key vendors

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The U.S. alternative legal service providers market is expected to grow at a CAGR of over 23% during the period 2019–2025.

The following factors are likely to contribute to the growth of the alternative legal providers market during the forecast period:

  • Focus Shifts to Delivery
  • Injection of Investments
  • Rise of Self-service Functions
  • Blurring Lines between Traditional and Alternative
  • Prevalence of Dissatisfaction with Law Firms
  • Intensifying Focus on Technology Adoption

 Base Year:                  2019

Forecast Year:           2020–2025

The study considers the present scenario of the US alternative legal service providers market and dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report covers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent companies operating in the market.

Key Vendors

  • Allen & Overy
    • Business Overview
    • Major Product Offerings
    • Key Strengths
    • Key Strategies
    • Key Opportunities
  • Axiom
  • Elevate
  • UnitedLex

 Other Prominent Vendors

  • BlackStone Discovery
    • Business Overview
    • Service Offerings
    • Key Strengths
    • Key Strategies
  • Clifford Chance
  • Consilio
  • Driven
  • Epiq
  • Everlaw
  • Exigent
  • Greenberg Traurig
  • Integreon
  • KLDiscovery
  • LegalZoom
  • Lawyers on Demand (LoD)
  • Mindcrest
  • Reed Smith
  • Legility
  • Lumen Legal
  • Morae Global
  • Orrick
  • QuisLex
  • Thomson Reuters

 Market Segmentation by Providers

  • New Law Companies
  • Captive LPOs
  • Staffing/Recruiting and Contract Lawyer Companies
  • Others

Market Segmentation by Services

  • eDiscovery
  • Investigation and Litigation Support
  • Contract Management
  • Document Review and Coding
  • Legal Research
  • Regulatory Risk and Compliance
  • Others

Market Segmentation by End-users  

  • Law Firms
  • Corporations

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.2 Base Year

4.3 Scope of The Study

4.4 Market Segments

4.4.1 Market Segmentation by Service

4.4.2 Market Segmentation by End-user

4.4.3 Market Segmentation by Provider

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 State of the US Economy

7.2 success Factors

7.3 Trends in the Overall Legal Industry

8 Market Growth Enablers

8.1 Legal Departments in Overdrive

8.2 Expanding Legal Spends

8.3 Prevalence of Dissatisfaction with Law Firms

8.4 Intense Focus on Technology Adoption

9 Market Restraints

9.1 High Data Security and Privacy Concerns

9.2 Lack of Proper Articulation of Client Challenges

9.3 Misplaced Perceptions About Customer Value

9.4 Resistance and Lack of Reconfiguration to Alternative Legal Service Providers

10 Growth Opportunities & Trends

10.1 Focus Shifts to Delivery

10.2 Injection of Investments

10.3 The Rise of Self-service Functions

10.4 Blurring Lines between Traditional and Alternative

11 Market Landscape

11.1 Market Size & Forecast

11.2 Five Forces Analysis

11.2.1 Threat of New Entrants

11.2.2 Bargaining Power of Suppliers

11.2.3 Bargaining Power of Buyers

11.2.4 Threat of Substitutes

11.2.5 Competitive Rivalry

12 US Alternative Legal Service Providers Market by Service

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 e-Discovery

12.3.1 Market Size & Forecast

12.4 Investigation and Litigation Support

12.4.1 Market Size & Forecast

12.5 Contract Management

12.5.1 Market Size & Forecast

12.6 Document Review and Coding

12.6.1 Market Size & Forecast

12.7 Legal Research

12.7.1 Market Size & Forecast

12.8 Regulatory Risk and Compliance

12.8.1 Market Size & Forecast

12.9 Others

13 US Alternative Legal Service Providers Market by Provider

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 New Law Companies

13.3.1 Market Size & Forecast

13.4 Staffing and Contract Lawyer Companies

13.4.1 Market Size & Forecast

13.5 Captive LPOs

13.5.1 Market Size & Forecast

13.6 Others

13.6.1 Market Size & Forecast

14 US Alternative Legal Service Providers Market by End-User

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 Law Firms

14.3.1 Market Size & Forecast

14.3.1 Large Firms - Market Size & Forecast

14.3.2 Mid-sized Firms – Market Size & Forecast

14.3.3 Small Firms Market Size & Forecast

14.4 Corporations

14.4.1 Market Size & Forecast

15 Competitive Landscape

15.1 Competitive Scenario

16 Market Vendor Analysis

16.1 Market Ranking Analysis

17 Key Company Profiles

17.1 Allen & Overy

17.1.1 Business Overview

17.1.2 Major Product Offerings

17.1.3 Key Strengths

17.1.4 Key Strategies

17.1.5 Key Opportunity

17.2 Axiom

17.2.1 Business Overview

17.2.2 Major Service Offerings

17.2.3 Key Strengths

17.2.4 Key Strategies

17.2.5 Key Opportunity

17.3 Elevate

17.3.1 Business Overview

17.3.2 Major Service Offerings

17.3.3 Key Strength

17.3.4 Key Strategies

17.3.5 Key Opportunities

17.4 UnitedLex

17.4.1 Business Overview

17.4.2 Major Service Offerings

17.4.3 Key Strengths

17.4.4 Key Strategies

17.4.5 Key Opportunity

18 Other Prominent Vendors

18.1 BlackStone Discovery

18.1.1 Business Overview

18.1.2 Service Offerings

18.1.3 Key Strengths

18.1.4 Key Strategies

18.2 Clifford Chance

18.2.1 Business Overview

18.2.2 Service Offerings

18.2.3 Key Strengths

18.2.4 Key Strategies

18.3 Consilio

18.3.1 Business Overview

18.3.2 Service Offerings

18.3.3 Key Strength

18.3.4 Key Strategy

18.4 Driven

18.4.1 Business Overview

18.4.2 Service Offerings

18.4.3 Key Strengths

18.4.4 Key Strategies

18.5 Epiq

18.5.1 Business Overview

18.5.2 Service Offerings

18.5.3 Key Strengths

18.5.4 Key Strategies

18.6 Everlaw

18.6.1 Business Overview

18.6.2 Product Offerings

18.6.3 Key Strengths

18.6.4 Key Strategies

18.7 Exigent

18.7.1 Business Overview

18.7.2 Service Offerings

18.7.3 Key Strengths

18.7.4 Key Strategy

18.8 Greenberg Traurig

18.8.1 Business Overview

18.8.2 Service Offerings

18.8.3 Key Strengths

18.8.4 Key Strategies

18.9 Integreon

18.9.1 Business Overview

18.9.2 Service Offerings

18.9.3 Key Strengths

18.9.4 Key Strategies

18.10 KLDiscovery

18.10.1 Business Overview

18.10.2 Service Offerings

18.10.3 Key Strengths

18.10.4 Key Strategies

18.11 LegalZoom

18.11.1 Business Overview

18.11.2 Service Offerings

18.11.3 Key Strengths

18.11.4 Key Strategies

18.12 LOD (Lawyers on Demand)

18.12.1 Business Overview

18.12.2 Service Offerings

18.12.3 Key Strengths

18.12.4 Key Strategies

18.13 Mindcrest

18.13.1 Business Overview

18.13.2 Service Offerings

18.13.3 Key Strengths

18.13.4 Key Strategies

18.14 Reed Smith

18.14.1 Business Overview

18.14.2 Service Offerings

18.14.3 Key Strengths

18.14.4 Key Strategies

18.15 Legility

18.15.1 Business Overview

18.15.2 Service Offerings

18.15.3 Key Strengths

18.15.4 Key Strategies

18.16 Lumen Legal

18.16.1 Business Overview

18.16.2 Service Offerings

18.16.3 Key Strengths

18.16.4 Key Strategies

18.17 Morae Global

18.17.1 Business Overview

18.17.2 Service Offerings

18.17.3 Key Strength

18.17.4 Key Strategy

18.18 Orrick

18.18.1 Business Overview

18.18.2 Product Offerings

18.18.3 Key Strengths

18.18.4 Key Strategies

18.19 QuisLex

18.19.1 Business Overview

18.19.2 Service Offerings

18.19.3 Key Strengths

18.19.4 Key Strategies

18.20 Thomson Reuters

18.20.1 Business Overview

18.20.2 Product and Service Offerings

18.20.3 Key Strengths

18.20.4 Key Strategies

19 Report Summary

19.1 Key Takeaways

19.2 Strategic Recommendations

20 Quantitative Summary

20.1 US Alternative Legal Service Providers Market by Service

20.2 US Alternative Legal Service Providers Market by Provider

20.3 US Alternative Legal Service Providers Market by End-User

21 Appendix

21.1 Abbreviations

List Of Exhibits 

Exhibit 1               Segmentation of Alternative Legal Service Providers Market in US

Exhibit 2               Market Size Calculation Approach 2019

Exhibit 3               Overview of the Alternative Legal Service Providers Market

Exhibit 4               Innovations Sought from Law Firms by Priority 2019

Exhibit 5               Impact of Legal Departments in Overdrive

Exhibit 6               Factors Negatively Affecting Legal Functions 2019

Exhibit 7               Impact of Expanding Legal Spends

Exhibit 8               Overview of Legal Spends 2019

Exhibit 9               Legal Services Market in the US by Category 2019 and 2020 ($ billion)

Exhibit 10             Impact of Prevalence of Dissatisfaction with Law Firms

Exhibit 11             Impact of Intense Focus on Technology Adoption

Exhibit 12             Statistics on Interest in Technology and its Adoption in Legal Service Delivery 2018

Exhibit 13             Impact of High Data Security and Privacy Concerns

Exhibit 14             Statistics on Security Concerns 2018 & 2019

Exhibit 15             Impact of Lack of Proper Articulation of Client Challenges

Exhibit 16             Impact of Misplaced Perceptions About Customer Value

Exhibit 17             Impact of Resistance and Lack of Reconfiguration to Alternative Legal Service Providers

Exhibit 18             Impact of Focus Shifts to Delivery

Exhibit 19             Impact of Injection of Investments

Exhibit 20             Impact of The Rise of Self-service Functions

Exhibit 21             Impact of Blurring Lines between Traditional and Alternative

Exhibit 22             Alternative Legal Service Providers Market in US 2019–2025 ($ million)

Exhibit 23             Five Force Analysis 2019

Exhibit 24             Incremental Growth by Service 2019–2025

Exhibit 25             US Alternative Legal Service Providers Market by Service ($ million)

Exhibit 26             Market in US by Service 2019 & 2025 (% share)

Exhibit 27             US Alternative Legal Service Providers Market Growth Comparison by Product 2019–2025

Exhibit 28             Market by eDiscovery 2019–2025 ($ million)

Exhibit 29             Estimated Litigation Spending Growth in US by Segment 2020

Exhibit 30             Market by Litigation and Investigation Support 2019–2025 ($ million)

Exhibit 31             Market by Contract Management in US 2019–2025 ($ million)

Exhibit 32             Market by Document Review and Coding 2019–2025 ($ million)

Exhibit 33             Market by Legal Research in US 2019–2025 ($ million)

Exhibit 34             Market by Regulatory Risk and Compliance in US 2019–2025 ($ million)

Exhibit 35             Market by Others in US 2019–2025 ($ million)

Exhibit 36             Incremental Growth by Provider 2019–2025

Exhibit 37             US Alternative Legal Service Providers Market by Provider 2019−2025 ($ million)

Exhibit 38             Market in US by Provider 2019 and 2025 (% share)

Exhibit 39             US Alternative Legal Service Providers Market in US - Comparison by End-user 2019-2025 (% share)

Exhibit 40             Market in US by New Law Companies 2019–2025 ($ million)

Exhibit 41             Alternative Staffing Strategies Employed by Law Firms in 2019

Exhibit 42             Market in US by Staffing and Contract Lawyer Companies 2019–2025 ($ million)

Exhibit 43             Market in US by Captive LPOs 2019–2025 ($ million)

Exhibit 44             Market in US by Others 2019–2025 ($ million)

Exhibit 45             Incremental Growth by End-User 2019–2025

Exhibit 46             US Alternative Legal Service Providers Market by End-User 2019-2025 ($ million)

Exhibit 47             Market in US by End-users 2019 and 2025 (% share)

Exhibit 48             Market in US – Comparison by End-user 2019-2025

Exhibit 49             Market in US by Law Firms 2019–2025 ($ million)

Exhibit 50             Market in US by Large Law Firms 2019–2025 ($ million)

Exhibit 51             Large Law Firms Employing Alternative Legal Service Providers for Top Services 2019 (% share)

Exhibit 52             Market in US by Mid-sized Firms 2019–2025 ($ million)

Exhibit 53             % of Mid-sized Law Firms Employing Alternative legal service providers for Top Services 2019

Exhibit 54             Market in US by Small Law Firms 2019–2025 ($ million)

Exhibit 55             % of Small Law Firms Employing Alternative legal service providers for Top Services 2019

Exhibit 56             Legal Department Statistics 2018-2019

Exhibit 57             Market in US by Corporations 2019–2025 ($ million)

               

List of Tables    

Table 1                  Key Caveats

Table 2                  Currency Conversion 2013−2019

Table 3                  Select Current and Emerging Legal Technologies 2019

Table 4                  Market Ranking Analysis 2019

Table 5                  Allen & Overy: Service Offerings

Table 6                  Axiom: Service Offerings

Table 7                  Elevate: Service Offerings

Table 8                  UnitedLex: Service Offerings

Table 9                  Alternative Legal Service Providers Market in US by Service ($ million)

Table 10               Market in US by Service (%)

Table 11               Alternative Legal Service Providers Market in US by Provider ($ million)

Table 12               Market in US by Provider (%)

Table 13               Alternative Legal Service Providers Market in US by End-User ($ million)

Table 14               Market in US by End-user (%)

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