A new survey from the Corporate Legal Ops Consortium (CLOC) shows that 46% of Fortune 500 companies use at least one alternative legal service provider. Interviewed by Roy Strom for American Lawyer, Liam Brown expects lines will blur between law firms and law companies like Elevate.
“I don’t think it will happen quickly,” Brown said. “Most corporations will use law firms and law companies somewhat interchangeably with their own internal law department. And they will simply figure out what is the best portfolio of resources. Where do we need expertise? Where do we need hands doing the work?”