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Legaltech News: With Limited Talent Pool, ALSPs Might Have Hiring Advantage Over Big 4

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While the Big Four hasn’t been shy lately about hiring talent with backgrounds working at alternative legal service providers (ALSPs), that path may be turning into a two-way street as the competition to address legal department needs around digital transformation intensifies. However, while some ALSPs may not see themselves as directly competing against the Big Four for business, they may inevitably wind up jockeying for access for the same limited talent pool.

Some legal veterans already made the journey from one corner of the industry to the other. For instance, Deloitte’s Legal Business Services practice spent much of 2020 lining its ranks with talent hailing from ALSPs such as Integreon, Luminance and Elevate. Meanwhile, UnitedLex announced earlier this week that the company had made five management-level hires with Big Four experience.

Dave Edelheit, chief digital and transformation officer at UnitedLex, previously connected the hires to ongoing efforts to address legal department needs around digital transformation, which required bolstering the company’s existing legal expertise with fluency around technology and service delivery. Tenure at a Big Four firm might lend itself to those kinds of skillsets.

This story was published on Legaltech News. To read more, visit With Limited Talent Pool, ALSPs Might Have Hiring Advantage Over Big 4.