How will the impressive growth of ALSPs impact the legal market in 2025 and beyond?

We have seen alternative legal services providers (ALSPs) emerge as a small but mighty factor in the legal market. Historically, law firms have not considered ALSPs true competitors, but with the growing influence of generative AI, that mindset might change. Delving into the Thomson Reuters Institute’s recently released Alternative Legal Services Providers 2025 report, we try to bring some clarity to an increasingly complex legal landscape.