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Advantages of Private Cloud Technology for Law Firms’

CaseFox

Also, private clouds offer virtual meeting spaces and video conferencing tools, allowing team members to communicate and collaborate in real time, even when working remotely. As per Gartner’s report, by 2025, large organizations will require relationships with more than four legal technology vendors.

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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.