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The recently released Peer Monitor PMI index for Q2 2021 showed the growth in legal demand and productivity in Q1/2 actually produced the highest PMI ever, which is great news. Firms are still being very conservative, however, on spending on overhead expenses and technology. While analysts predict firms will still see savings from expense cuts in 2021, these savings won’t be as dramatic as in 2020 and, moreover, recommend that firms should use profit gains in 2020 and 2021 to invest in long-term strategies for growth — like technology.
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By Tomas Suros
While functionality and features are important, there are a number of additional considerations when evaluating a practice management solution. Will your platform provider serve as a partner that will offer expert guidance and be invested in your ongoing success?
By Emil Sayegh
Predictions aside, complacency is not an option if you plan to survive and thrive in 2022. Rest assured, the future of cybersecurity is bright, but it will come with its own set of challenges. We look forward into the future because the sooner we can start adapting strategy, policies, and technologies, the better off everyone will be in the long run.
By Lauren Caisman and Christian Auty
The year started with Portland, Oregon’s ban on the use of facial recognition technology by private entities in places of “public” accommodation. It concluded with the rendering of important appellate decisions on the Illinois Biometric Information Privacy Act. In the middle, was the continued flurry of litigation, class action settlements, and legislative activity.
By Zach Warren
It’s still a dangerous cyber world as we enter 2022, but one that today’s attorneys and legal technologists are prepared to tackle. Here’s what they predict for cybersecurity, remote work, privacy and e-discovery in the new year.