There is no replacement for face-to-face interaction, but for international firms with money to burn, Cisco Systems Inc. has created something that comes close: its telepresence software.

A number of large law firms now have this technology installed in their offices. According to multiple sources, this telepresence seems incredibly real — it’s as though you are in the same room. This can save firms tens of thousands of dollars on yearly travel costs. This incredible technology, however, is also very expensive. What if there were a more inexpensive option that any firm or company could use?

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