Harnessing the Legal Technology Revolution
Within the last ten years new technologies have enabled legal firms to increase the agility of their operations, raise levels efficiency, as well as improve client satisfaction. However, every new technology or process introduces new risks to the firm. Indeed, the recent Panama Papers scandal, for example, highlights the grave repercussions of a security failure.
In this insights piece, we look at the benefits of moving to newer technologies, including AI, analytics, mobility and flexible working, improving staff efficiency, effectiveness and ultimately improve revenue and profit per partner contributions.
This piece also examines the scope of security and compliance measures to be dealt with by law firms, as well as key regulations and concerns that legal IT staff should be aware of. These include external hackers, insider negligence as well as the risks of involving third parties, such as contractors or customers.
Finally, we look at how the CenturyLink team can – and has – helped legal firms to improve their operations. For example, we provide a review of our recent project with Howard Kennedy, consolidating and modernising the company IT after its merger with another firm. This endeavour was completed whilst protecting sensitive client data and adhering to SRA and FSA compliance regulations, as well and specific requests from Howard Kennedy’s clients.
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