law firm technology: then and now

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LAW FIRM TECHNOLOGY THEN AND NOW

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Post on 13-Dec-2014

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Law firm technology has changed a great deal over the last 60 years – so much so that soon, first-year associates won’t even recognize typewriters and rolodexes! Find out exactly which technologies have changed and how you can leverage them to increase revenues, reduce costs and maximize efficiencies in your firm.

TRANSCRIPT

Page 1: Law Firm Technology: Then and Now

LAW FIRM TECHNOLOGYTHEN AND NOW

Page 2: Law Firm Technology: Then and Now

Corresponding with Clients

• The noisy, error-prone typewriter is a thing of the past

• Update your client on their case or documents virtually

• Fact: 48% of attorneys used tablets in 2013– 91% of which used an iPad

• Example: Time it takes to send a file from New York to Los Angeles: 3 days via Federal Express versus 3 seconds via Email

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Page 3: Law Firm Technology: Then and Now

Communication Capabilities

• Clients expect an immediate response

• If you’re not mobile, they’ll find an attorney who is

• Fact: 91% of attorneys used smart phones in 2013

• Fact: Reports indicate number of smartphones in enterprise cloud could reach 350 million by 2014!

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Page 4: Law Firm Technology: Then and Now

Ensuring Your Files are Safe

• The problem with briefcases:– Can be stolen

• Lost• Damaged

• Cloud computing means your files can be stored online and accessed from anywhere

• Fact: Storage space for a 50 page document:– 50 cubic inches in a file cabinet versus 2MB on a hard drive

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Page 5: Law Firm Technology: Then and Now

Keeping in Touch with Clients

• Rolodexes replaced with practice management systems, Outlook, and social networking sites

– Example: On LinkedIn, an attorney can browse over 200 million users by location, industry, etc.

• Fact: In 2012, 89 million business emails sent per day– Expected to be 143 million by 2016

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Page 6: Law Firm Technology: Then and Now

Paperless Office

• Use of paper decreasing due to greater efficiency and mobility of electronic copies

• Management solutions should increase revenues, lower costs, and maximize efficiency

• Fact: 30% of malpractice claims against attorneys stem from missed deadlines

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