Many law firms don’t want to face the future. They like how things have always been: checks written by clients for work done on paper. They live in the days of thick manila files, of thumb drives used to share projects with colleagues, and — if they like to live dangerously — prefer PowerPoint presentations in a courtroom.
With the rise of ALSPs (alternative legal services providers), integrating technology into a law firm has never been easier. However, many firms like to remain as they are. Their systems are working, right? Why fix something that isn’t broken?
It can be difficult to see why other systems are better when yours still works. Think of your firm like a racehorse. Right now it’s taken care of, fed well and exercised frequently, but it’s still a bit pudgy for a racehorse. It could lose some extra pounds to become more streamlined. That would help it win more races. Perhaps the food it eats could take some reexamination, too. Then your horse would be unstoppable.
Why Legal Technology is Imperative for Law Firm Growth
This way of thinking doesn’t even examine the benefits that embracing technology provides. For instance, your firm will have increased data security. Client files will be protected by systems far more comprehensive than what you currently use. By using the most advanced legal tech, firms can bolster themselves against hacking of their information. Many people believe that by using programs like the cloud, keeping their work on remote servers somewhere in the mysterious ether, that they are in fact lessening their own security. Nothing could be further from the truth. The “cloud” (a catchall term for keeping data where it is accessible from any computer) is far more secure than a normal hard drive. These programs are encrypted from end to end, keeping your data within the firm’s stronghold.
You’ll also likely save money by using new technology. Up to 50% of what junior associates do can be automated by existing technology, freeing those associates up to create meaningful substantive arguments, procure clients, and increase the firm’s bottom line..
Being forward thinking with technology also increases employee engagement. Having data kept in the cloud means they can work from any computer, given they have appropriate credentials. (Security, remember?) They can work from home. They can work from a cafe. This offers more flexibility and allows employees to get more done.
Schedule some trials with an ALSP (like us, for example) and see what some new technology can do. Like the latest iPhone coming out, there’s always something new to try. Let us help you bring your law firm into the present day.