Thank you for sharing!

Your article was successfully shared with the contacts you provided.

COVID-19’s economic disruption has upended law firms’ financial security, and in response, many are now reining in their IT budgets to prepare for a more difficult market. “People are putting me off for a couple of months,” postponing tech projects and consultancy until fall 2021, says consultant Brett Burney of Burney Consultants. “I saw a lot of the same thing in 2008 [and] 2009.”

There is, however, one big difference: Burney says current IT budget cuts aren’t as severe as the ones he saw during the Great Recession. A part of the reason for that may be that in 2020, technology isn’t just essential to a law firm’s business, but also its ability to continue operating through a pandemic. Indeed, IT budgets have been redirected to a new pressing priority: transitioning to a remote workforce.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Victoria Hudgins

I am a reporter for Legaltech News, where I cover national and international cyber regulations and legal tech innovations and developments.

More from this author

Dig Deeper


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.