Technology Adoption As The Key To A Law Firm’s Success
More than 6 months have passed since the first news of coronavirus pandemic. With no end in sight, companies are challenged by the reality of running a business during times of uncertainty. Many law firms do not know when they can return full-time to their offices. It is also very difficult to manage the law firm when predictability is a thing of the past.
Fortunately, lawyers and their staff were able to transition to remote working. Law firms are relying on cloud-based technology that makes remote working possible. The technology allowed law firms to stay profitable and functional amidst the pandemic.
Cloud computing facilitates remote work and continuous operations of a law firm. Cloud computing software has been in used for years but the pandemic has accelerated its adoption. According to the results of a recent survey conducted by MyCase in June, 90% of the law firms surveyed were using cloud-based technology to allow them to work remotely. Survey results also revealed that cloud technology is very essential to ensure the profitability of law firms.
Leaders of law firms also agreed that technology adoption is the key to their success. The leading law firms that adopted technology revealed that their profitability increased over the previous year compared to law firms that are transitioning to new technology and those trailing in technology adoption. For many law firms, technology adoption during the pandemic was driven by necessity rather than choice. However, majority of lawyers considered the adoption of technology as a positive step.
What does the future hold for law firms? Many law firms expect uncertainty to continue through 2020. Respondents to the MyCase survey believed that the end of the pandemic is not near and neither is its repercussions. At least 87% believe that disruptions associated to the pandemic will occur throughout the remainder of 2020.
Increased use of technology is a positive trend for law firms like MyDefence.ca. Clients can choose a lawyer who will provide legal support from the law firm’s website. Accurate legal information is provided to clients through videos and blogs. The firm’s background in business makes it natural for them to negotiate and position tailored legal solutions.