Technology investments at a time of uncertainty
LPM and PracticeEvolve have surveyed 161 business leaders and representatives in the SME legal space this year – quizzing them on tech investment strategies and more to produce an in-depth report. Watch LPM editor, Aftab Bose, and a panel of special guests discuss the report’s findings.
A look at the report’s key findings:
- Just short of 70% of UK SME law firms plan to invest in optimising their technology over the next year, despite challenging economic circumstances
- 40% will spend on better integrating new and existing technology
- Talent attraction and retention has a role to play here – 78% note a connection between their employees’ experience of their IT systems and the firm’s ability to retain people.
How can firms balance these conflicting considerations at a time of widespread uncertainty? Our panel addressed this, and many more questions, on the webcast.
