The 2019 Business of Law and Legal Technology Survey conducted by business management software provider Aderant saw 31% of respondents say the top challenge facing firms is operational efficiency, while 29% said pricing. Technology adoption (26%), change management (22%) and growing business from existing client accounts (19%) made up the rest of the top five. The study also looked at use of the cloud, with 74% of those polled saying they are slightly or somewhat in the cloud, while just 2% are completely in the cloud. For those yet to do so, 34% of firms are receptive to using cloud services in the future while 1% ruled it out entirely.
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors.Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry.We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
July 9, 2019