Surveys consistently show that large law firms allocate about 2 percent of gross revenue for hardware purchases — and about the same for software. Most firms replace computers and related technology before the end of a three-year cycle.
While large firms may easily absorb these costs, the burden is more challenging to small firms. In those environments, lawyers may resist buying or updating technology because they are overwhelmed by the high upfront expense, resulting in upgrade cycles of up to six years.
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