Home » Tag Archives: legal IT budget

Tag Archives: legal IT budget

4 Telltale Signs Your Small Law Firm Has Outgrown its Software

4 Telltale Signs Your Small Law Firm Has Outgrown its Software

“One poor guy,” a legal administrator was spending six hours a day, twice a week running compensation reports for partners.  That amounts to 12 hours a week, or nearly 50 hours per month, where a survey of small law firms suggests most firms spend eight hours a week on the entire billing process, let alone running a single report. When ... Read More »

The Business Case for Law Firm Practice Management ROI

Case of the Cloud in Law Firm Practice Management

If the equation for return on investment (ROI) equals the gain from an investment, minus the cost of the investment, and in turn divided by the cost of the investment, then the ROI for law firm practice management could exceed 4000%. This estimate comes from a report published by Blue Hill Research titled Building a Business Case for Law Practice ... Read More »

6 Tech Buying Tips for Small Law Firms [#ABATECHSHOW Recap]

6 Tech Buying Tips for Small Law Firms

Change happens fast, especially in technology, which may explain why ABA TECHSHOW panelists Bjorn Christianson and Sharon D. Nelson advocate a simple mantra for small law firms purchasing technology:  Plan, review, revise, recycle. For most law firms, according to the panelists, attorneys find themselves in a vicious cycle of “break-fix” meaning the only time given to tech usually comes in ... Read More »

6 Takeaways from the ILTA/InsideLegal Purchasing Survey

6 Takeaways from the ILTA Inside Legal Purchasing Survey

How is law firm IT spending shaping up so far in 2014?  The new 2014 ILTA/InsideLegal Technology Purchasing Survey provides a useful benchmark. The 9th annual survey, conducted jointly by InsideLegal and ILTA, earned a 20% response rate from member law firms.  A 31-question survey was distributed to 1,407 members and earned 281 responses.  The vast majority (86%) of respondents ... Read More »