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Big Law is increasing its billing rates, and top 100 firms saw revenue rise more than 11% during the first half of this year compared to last. But despite the growing cash flow, midlevel associate attorneys at some of the nation's top firms claim their workplaces aren't investing enough in technology.
In this year's Midlevel Associate Tech Survey, a number of associates at top firms once again told Cybersecurity Law & Strategy's ALM sibling The American Lawyer they were frustrated by their firms' lack of tech savviness and willingness to upgrade equipment. This echoes complaints from last year, and it should be noted that the survey regularly elicits similar criticisms about some of the world's richest law firms' technology.
This may be in part because, "with the larger firms, when you've got a big enough sample size you're going to have some complaints," said David Nicol, head of legal recruitment firm Marsden's U.S. practice. "When you're getting multiple complaints from smaller firms, or outsized numbers of complaints in terms of proportion, that's probably where the real red flags are."
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