With a whole host of legal technologies in the marketplace, it may seem easy to say that there’s an solution to purchase for every problem. But in the real world, many corporate legal departments may be asking themselves: Should we even purchase externally at all?

The panelists at the ACC Xchange conference’s “Buy or Build? An Old Question Takes on New Meaning for Law Departments” panel have tackled this key question on a number of different applications, ranging from the highly tech-intensive (e-billing, contract management systems) to more process-oriented practices (legal review, leadership development). And what they found is that the question needs careful consideration at the beginning, during and post-implementation.