Legal Tech’s Predictions for Business of Law and ALSPs in 2021’s Breaking Tradition series was launched in August 2020, and we wanted to start it then because we felt that legal practice was at a turning point: where traditional law firms still had the upper hand, but the influence of alternative legal service providers (ALSPs) and nontraditional law firms could no longer be ignored as a driving force in the industry. Given the changing rules for law firm ownership, the increasing hiring of staff at the Big 4, and more, this tipping point has only gotten more severe.

Many lawyers, technologists, and legal experts believe that changes in the legal ecosystem will not accelerate further until 2021. But it’s not just about ALSPs, it’s also about how law firms and corporate legal departments fundamentally interact with their data, their employees, and even each and every other. They believe this will be new to legal business in the coming year.

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