In-house Advisory Board: Using alternative legal providers

In-house Advisory Board: Using alternative legal providers

Using alternative legal providersHow can in-house teams benefit from the wide range of alternative legal services providers that are emerging to challenge the traditional law firm model? On 18 March 2015, the LexisNexis In-house Advisory Board met to explore the questions and challenges around choosing to use alternative resourcing.

Fluctuating work level demands, the constant requirement to demonstrate value and evolving attitudes to flexible working are changing the way in-house teams allocate their work. The alternative legal services market is growing fast, prompting some to speculate that the legal industry is on the verge of a revolution. A wide range of alternative providers are emerging, looking to find a point of differentiation and a niche, whether that's in the business model, the type of lawyer, or the ancillary services that they offer. Traditional suppliers – law firms – are also testing these waters and finding new and innovative client service models.

The LexisNexis In-house Advisory Board’s discussion, facilitated by Nick West, Managing Director of Axiom in the UK, on the growing number of options available to in-house teams was wide-ranging. It became clear that there are no rules or fixed answers when it comes to making resourcing decisions. The right option is dependent on the type of business, its scale, the specialisms and size of the in-house team, and the type of project driving the demand – price is not always the determining factor.

The Bo

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About the author:
Sophie Gould is the Head of Lexis®PSL In-house. Sophie worked as an in-house lawyer for 10 years including seven years as Head of Legal for Virgin Radio and Ginger Media Group. She has also run a legal risk and compliance training business.

 

Since joining LexisNexis in 2009 Sophie has worked on developing our legal and business content for the in-house legal community.  She also runs various networking and mentoring groups for in-house lawyers and works with schools to promote social mobility within the legal profession.