As Corporate Counsel's 2011 Survey of In-House Technology shows, technology isn't just making an impact on in-house legal's productivity and costs. It's helping to change the relationship between company lawyers and outside counsel. It's bolstering trends seen before the economic crisis, like the increasing focus, and pushback, on legal fees -- and it's starting some new ones.
Although law firms are dabbling in remote computing, few are embracing it completely, The American Lawyer's 15th annual technology survey shows. Interpreting results was tricky. On the one hand, it was easy to take a glass-half-full view: Capital budgets are ticking back up, collaborative technologies like videoconferencing are booming, and the lawyers themselves, are becoming tech-friendly users. But then, on the other hand, the glass-half-empty side kicks in: IT operating budgets haven't quite seen the recovery that capital spending has.
The LTN Technology Vendor Satisfaction Survey, by ALM Legal Intelligence, measures law firm technology usage and satisfaction across 25 categories including Online Research, Document Management Systems, Time & Billing for Small Firms, Docketing & Calendar Application and much more. Results show for each category the importance of nine factors used by law firms when choosing a technology vendor, which specific technologies were used by their firm, their satisfaction with those vendors, and how likely the firm would be to recommend the vendor.
Each year, law firms struggle to maintain and grow revenues, control costs, and retain a high-quality staff. To stay competitive, law firm managers need an unbiased evaluation of their current operations. The Survey of Law Firm Economics, from ALM Intelligence, contains one of the most complete, accurate, and up-to-date sets of economic statistics and financial data available about law firms.
Managing a law department in today's business environment is more challenging than ever before. Corporate management is demanding more detailed benchmarking data and closely scrutinizing all aspects of law department performance. The Law Department Metrics Benchmarking Survey examines law department operations and reports on critical measurements of structure and performance, including staffing, expenditures, outside counsel management, and operations and functions.
ALM Legal Intelligence offers detailed business information and competitive intelligence about the legal industry to top U.S. and international law firms and their clients. ALM Legal Intelligence Online is an integrated, online database of industry leading surveys and more. Covering all of our rankings and surveys- attorney counts, billing, branch offices, corporate representation and capital markets work, corporate legal departments, diversity and pro bono - this database enables legal industry professionals to assess competitors, identify client opportunities, and benchmark performance anytime, from anywhere in the world. For more information visit www.almlegalintelligence.com or contact ALI customer service at (888) 770-5647 or firstname.lastname@example.org to schedule a demo of the database.