SHP Legal Services To Provide Transformational Services To Law Firms That Serve Middle Markets

NEW YORK, December 2, 2024 – Alvarez & Marsal Inc. (“A&M Inc.”), the parent company of global professional consulting firm Alvarez & Marsal, is launching SHP Legal Services (“SHPLS”). SHPLS marks a transformational development in services for law firms that serve middle markets. SHPLS, formerly known as Alvarez & Marsal Legal Services, will support these law firms with strategic advice, advanced technology, operational efficiencies, and talent acquisition. SHPLS will also stand up a unit to manage and function as the back-office operations of these law firms.

“Mid-size law firms are facing challenges in serving clients utilizing traditional legal models” shared Tony Alvarez II, Co-CEO & Founder of A&M Inc. “These law firms need to transform their business operations to meet those challenges. SHPLS is committed to providing services that will allow them to meet demands of their clients for cost-effective solutions and excellent client service. This will position them to navigate dynamic changes, particularly technology changes, and thrive in the future.”

The founding leadership team of SHPLS is comprised of industry veterans from leading prominent law firms who bring a vision shaped by their years of experience.

• Peter Sacripanti, CEO of SHPLS, will drive innovation and long-term growth drawing from his 40 years of experience solving complex challenges and crafting strategies for major corporations. He is the former Chairman of McDermott Will & Emery.
• John Hendrickson, SHPLS Managing Director & US Lead, brings expertise in executive compensation, law firm management and shaping strategic direction and operational efficiency. He is former chair of several management committees at McDermott Will & Emery.
• Christopher Price, SHPLS Managing Director & U.K./EMEA Lead, has led legal practices across UK and EMEA for over three decades. He is a former partner at EY.

The SHPLS leaders recognized the opportunity to transform operations of law firms that serve middle markets, identifying a need for comprehensive solutions that would upgrade technology and streamline administrative, talent acquisition and operational functions.

“With rising costs, talent shortages, and the need for greater efficiency, mid-size law firms need scalable solutions to navigate an increasingly global market” shared Mr. Sacripanti,. “SHPLS was created to be a transformative partner to meet this need, offering integrated solutions across technology, operations and talent acquisition.”

Law firms that serve middle markets are increasingly looking for solutions to enhance, manage and operate their technological and operational frameworks. By modernizing these crucial areas, SHPLS allows these law firms to concentrate on delivering exceptional client service and maintain their independence while accessing our platform for advanced technology and operational infrastructure.

Christopher Price

SHPLS Managing Director & U.K./EMEA Lead

“Law firms that serve middle markets are increasingly looking for solutions to enhance, manage and operate their technological and operational frameworks,” said Mr. Price. “By modernizing these crucial areas, SHPLS allows these law firms to concentrate on delivering exceptional client service and maintain their independence while accessing our platform for advanced technology and operational infrastructure.”

SHPLS assists in achieving more efficiency, optimal quality and better value, ensuring law firms that serve middle markets can focus on what matters most; building deeper relationships with their clients.