COVID-19 Unlikely to Spur Short-Term Changes to Firms' Tech Spending
COVID-19 made most in the legal industry thankful for remote access technology but prior investments and a shaky economy leaves more IT spending unlikely.
May 22, 2020 at 08:00 AM
3 minute read
The original version of this story was published on Legal Tech News
While the coronavirus pandemic may have showed law firms the benefits of remote access technology, don't expect more tech or IT spending in the short term. COVID-19′s economic aftermath is keeping some firms from budgeting more tech or IT spend as they watch how the economy rebounds, industry observers say.
"I don't think right now anyone has an appetite to spend if they don't have to because of the uncertainty of everything," said Ann Gorr, a legal technology consultant for boutique and midsize firms.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250