Alternative Legal Services Market Grows to $28.5B as Industry Faces Critical Juncture, Thomson Reuters Report Finds

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The market for alternative legal services providers has grown to an estimated $28.5 billion, achieving an 18% compound annual growth rate from 2021 to 2023, but the industry appears to be reaching a critical juncture, with a bifurcation emerging between forward-looking and traditional law firms in their adoption of alternative delivery models, according to a […]