Introduction
When it comes to operational efficiency in law firms, time is money. The client billing model dictates that every minute counts and impacts a firm's bottom line. Therefore, adopting technologies to increase efficiency is essential for the success of modern law firms and critical for achieving and maintaining a competitive advantage.
In a recent report charting digital transformation in the legal sector, 90% of respondents felt that legal technology helped their firm increase revenue. The same percentage also agreed that access to reliable, timely data gave them a competitive edge.
Another study found that 95% of firms attributed technology implementation to better service, while 84% of respondents had used technology to reduce service delivery time. One of the core technologies enabling these advances is modern network architecture.
New Challenges Need New Solutions
For legal teams operating in today's business landscape, it is impossible to rely on legacy technologies to address modern challenges and growth opportunities. To achieve maximum efficiency, legal firms must upgrade their network architecture to meet contemporary demands, they can’t simply exchange like for like.
Legacy systems lack the capacity and capabilities to support four fundamental business aspects that modern network architecture can address: competitive advantage, compliance, end-user satisfaction, and efficient billing processes. In this whitepaper, we'll explain in depth how advanced network solutions can increase the profitability of legal firms.
of law firms attributed technology implementation to better service
of respondents had used technology to reduce service delivery time