Table of Content
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 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 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 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 By Service
20.2 By Provider
20.3 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 Alternative Legal Service Providers Market in US by Service ($ million)
Exhibit 26 Alternative Legal Service Providers Market in US by Service 2019 & 2025 (% share)
Exhibit 27 Alternative Legal Service Providers Market in US Growth Comparison by Product 2019–2025
Exhibit 28 Alternative Legal Service Providers Market in US by eDiscovery 2019–2025 ($ million)
Exhibit 29 Estimated Litigation Spending Growth in US by Segment 2020
Exhibit 30 Alternative Legal Service Providers Market in US by Litigation and Investigation Support 2019–2025 ($ million)
Exhibit 31 Alternative Legal Service Providers Market by Contract Management in US 2019–2025 ($ million)
Exhibit 32 Alternative Legal Service Providers Market in US by Document Review and Coding 2019–2025 ($ million)
Exhibit 33 Alternative Legal Service Providers Market by Legal Research in US 2019–2025 ($ million)
Exhibit 34 Alternative Legal Service Providers Market by Regulatory Risk and Compliance in US 2019–2025 ($ million)
Exhibit 35 Alternative Legal Service Providers Market by Others in US 2019–2025 ($ million)
Exhibit 36 Incremental Growth by Provider 2019–2025
Exhibit 37 Alternative Legal Service Providers Market in US by Provider 2019?2025 ($ million)
Exhibit 38 Alternative Legal Service Providers Market in US by Provider 2019 and 2025 (% share)
Exhibit 39 Alternative Legal Service Providers Market in US - Comparison by End-user 2019-2025 (% share)
Exhibit 40 Alternative Legal Service Providers Market in US by New Law Companies 2019–2025 ($ million)
Exhibit 41 Alternative Staffing Strategies Employed by Law Firms in 2019
Exhibit 42 Alternative Legal Service Providers Market in US by Staffing and Contract Lawyer Companies 2019–2025 ($ million)
Exhibit 43 Alternative Legal Service Providers Market in US by Captive LPOs 2019–2025 ($ million)
Exhibit 44 Alternative Legal Service Providers Market in US by Others 2019–2025 ($ million)
Exhibit 45 Incremental Growth by End-User 2019–2025
Exhibit 46 Alternative Legal Service Providers Market in US by End-User 2019-2025 ($ million)
Exhibit 47 Alternative Legal Service Providers Market in US by End-users 2019 and 2025 (% share)
Exhibit 48 Alternative Legal Service Providers Market in US – Comparison by End-user 2019-2025
Exhibit 49 Alternative Legal Service Providers Market in US by Law Firms 2019–2025 ($ million)
Exhibit 50 Alternative Legal Service Providers 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 Alternative Legal Service Providers 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 Alternative Legal Service Providers 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 Alternative Legal Service Providers 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 Alternative Legal Service Providers Market in US by Service (%)
Table 11 Alternative Legal Service Providers Market in US by Provider ($ million)
Table 12 Alternative Legal Service Providers Market in US by Provider (%)
Table 13 Alternative Legal Service Providers Market in US by End-User ($ million)
Table 14 Alternative Legal Service Providers Market in US by End-user (%)