With no definitive intention in sight to the global health crisis, it has become increasingly difficult to road the far-reaching implications of the pandemic. To better understand the changes happening in the legal industry, MyCase recently launched a national examine exploring the country of statute places, current workload, and projections for the future. The solutions show that law firms are more positive about their business outlook than in previous months, and they are adopting technology more readily than before.
Fiscal Outlook
Sentiment around fiscal futures in the legal community has shifted to a more positive outlook than in prior stagecoaches of the pandemic. Though financial stability remains a surpass concern among legal professionals of all rehearse spheres, 52% of survey respondents are more optimistic about the future of their house than they only 30 days ago.
Technology Adoption
When questioned their views on increased engineering following in statute conglomerates and courts, overwhelmingly, respondents indicated that the alteration was a positive one, with 52% strongly agreeing that technology adoption in law conglomerates is a good thing, and 54% strongly is of the view that the same is true of courts.
Along those same pipelines, respondents believe that firms who fail to implement or exercise cloud technology are more susceptible to business affliction in the first six months of 2020, with 70% agreeing that cloud technology is paramount to financial stability.
Software Needs
90% of firms canvassed mentioned that cloud-based technology enables their firm to work remotely at this time. This is indicative of more lawyers recognizing the advantages technology brings to managing the operations of a conglomerate as the health crisis continues to evolve.
To adapt your firm to the challenges created by COVID-1 9, consider adopting MyCase, a cloud-based practice management software built to help law firms streamline and access dispute items no matter where they are.
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