Budget and time limitations often inhibit technology adoption at legal departments, a significant amount of which still use manual tools such as Excel spreadsheets for project management. But this is far less the case at large, well-funded corporations, where the benefits of implementing in-house technology far outweigh costs. Oftentimes, however, implementing in-house technology at such companies requires a dedicated and hands-on manager at the helm.
For example, Jennifer McCarron, technology program manager at Cisco, told Legaltech News that, as leveraging machine learning to automate a host of legal tasks requires significant financial and personnel investments, such technology only provides the most value for its cost when deployed on the sort of large-scale projects common at “larger, behemoth” organizations.
