We confess: Interpreting the results of this year’s survey of law firm technology departments — our fifteenth — was a somewhat maddening task. On one hand, it was easy to take a glass-half-full view of the results: Capital budgets are ticking back up, not quite to predownturn levels, but more than half of responding firms reported increases over last year. Collaborative technologies like videoconferencing are booming. And the lawyers themselves, spurred on by all the innovative, largely consumer-centric devices hitting the market (think iPhones and Droids), have finally become the tech-friendly users that chief information officers have long been waiting for.
But then the glass-half-empty side kicks in. IT operating budgets haven’t quite seen the recovery that capital spending has: Sixty-two percent of responding firms report that outlays are flat, or even down, from 2009. In survey comments and follow-up interviews, technology chiefs reported that pressure to control costs continues, with staffing and salaries in particular taking a hit. And even when the purse strings are loosened, it’s largely for technologies like videoconferencing and Microsoft’s SharePoint that cut costs elsewhere, like the travel budget, or boost the productivity of a shrunken workforce. (CIOs from 86 Am Law 200 firms participated in this year’s survey.)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]