Law firms’ technology adoption is fueled by survival—in an ever-competitive marketplace and an increasingly dangerous digital landscape, efficiency, cost-savings and data security can make or break a practice. Recent industry surveys have found that as law firm’s tech budgets grow, such pressures will be the driving forces directing technology budgets for years to come. Here is a look at three trends impacting legal’s tech spend:
1. Cybersecurity Demand
While law firms are ramping up technology spending, a significant amount of their tech budget remains devoted to building out infrastructures and processes that ensure data is safe from breaches, attacks, or insider threats.
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