The threat of an impending cyber-attack continues. While we don’t intend to scaremonger, it is necessary that we stress the risks that businesses are facing. Our report shows just how important it is for organisations to prioritise security – and be prepared for an attack.
Market forces are beginning to push law firm IT functions to manage in a more complex environment, but also to continuously evolve and enhance the enablement of practice delivery. Attorneys are more mobile and more connected.
The importance of reacting with pace cannot be stressed enough, so it’s worrying to see that 32 per cent of respondents say their organisation is not acting fast enough to keep up with technology innovation.
According to the Legal IT Landscape Report 2020, 26% of SME firms have chosen Operation/Admin as the winning areas for automation improvement. This is a clear winner in our eyes too, as we often see firms use a lot of their precious time and manpower doing heaps of paperwork and mapping out every step of their client’s journey manually.
Employees are expected to work harder, arguably more than ever, and often asked to complete tasks outside their remit. Can technology handle some of these tasks? Which tools can businesses implement to help employees work smarter, rather than harder?
Recently, I’ve been reflecting on some takeaways from the Thomson Reuters marketing partner forum in Miami, which several members of Pinnacle’s global business development practice attended in January 2020.
One of the biggest challenges when adopting new technology is ensuring there is willingness from the workforce - employees must believe it will make their jobs easier and better. If they see little or no value, the chances are they will go back to their old ways of working.
The vision for the use of more joined-up IT within legal is now a major talking point across a good number of law firms and we’re now starting to see how this can be implemented to best effect on the
ground. Your website has the potential to be an untapped vault of yet-to-be-found wealth.
Successful lawyers and associates are those who have more hours in
the day. Billable hours that is.
Billable hours are how law firms keep the lights on. Firms need
lawyers and associates to reach their billable-hour targets, which can
be difficult to balance with day-to-day tasks, unexpected time off,
and life in general.
On 25 November 2019, the Solicitors Regulation Authority (SRA) will launch its new regulatory model – but what does this mean for firms? In essence, it will allow solicitors greater flexibility in how they work. It will remove many prescriptive rules and take the burden off law firms, meaning their solicitors have freedom to use their own judgement to consider how they meet the SRA standards.
Business critical documents such as client pitches can take up a considerable amount of time and hard work. A law firm can typically spend hundreds of non-billable hours each year creating client pitches. Automation can play a huge part in improving productivity and efficiency.