Bryan Cave Leighton Paisner joins Eversheds Sutherland and Greenberg Traurig as the third big law firm within a month create to launch a new service in the alternative legal services space.
The firm announced it is developing a new service that integrates complex legal advice, volume legal services and legal operations support. The new service, called BCLP Cubed, will be led by partner Neville Eisenberg as the full-time ceo. Mr Eisenberg was managing partner of legacy firm BLP when it launched various pioneering innovations such as Lawyers on Demand. BCLP’s chief innovation officer Katie DeBord developed the concept with Mr Eisenberg and will head up the product development team for the new service. BCLP Cubed will bring together the firm’s volume delivery teams in Manchester, UK, and St. Louis, USA, and Cantilever, which helps in-house legal teams redesign their operations to drive efficiency and effectiveness. Drawing on the firm’s experience in innovation, process improvement, legal project management, pricing and knowledge management, they will work alongside BCLP lawyers to create and deliver the new integrated solutions for clients.
Power of three
BCLP Cubed will encompass a fully integrated platform for delivering end-to-end solutions with the objectives of speeding up transaction cycles, reducing costs and providing data insights, resulting in a direct benefit for the firm’s clients. Mr Eisenberg said “BCLP Cubed will provide a one-stop-shop service for those classes of legal work which our clients want delivered in a systematic, technology-enabled and process-oriented way. I am confident that the combination of this platform with our depth of legal experience and global reach will produce a compelling proposition for corporate legal departments interested in a new approach.” Thomson Reuters says the ALS market is set to grow at a 25 percent annual rate from nearly $11 billion in sales in 2017, while AMLaw reports the top 100 U.S. law firms captured around $99 billion in revenue last year. Eversheds Sutherland, launched Konexo this week, and Greenberg Traurig earlier this month launched Recurve.