find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Firms need to be more techie

Firms need to be more techie

Law firms can leverage technology to become more profitable, according to futurist Craig Rispin, a speaker at the upcoming Australasian Legal Practice Management Association (ALPMA) National Summit._x000D_

Law firms can leverage technology to become more profitable, according to futurist Craig Rispin, a speaker at the upcoming Australasian Legal Practice Management Association (ALPMA) National Summit.

What are some of the major issues law firms should be thinking about when it comes to technology?

Technology is having a big impact on law firms across the board. Two things that I have been speaking about a lot recently are getting on board with cloud solutions and recognising security threats. The two are actually related because cloud applications are an easy way for firms to minimise costs by hosting documents in the cloud, and at the same time many of these cloud services offer better security than a firm could afford for their own systems. Look at Amazon Web Services, which will spend $32 billion dollars on security this year – far beyond the capability of even Australian banks, let alone law firms.

Which law firms are “doing it right”?

I work with small, medium and large firms and many are taking steps in the right direction. There is one firm in Washington called Clearspire that is a great example. It originated with a business optimisation mindset and the founders were not actually lawyers. The firm has been very successful because it asked clients ‘what do you hate most about your lawyers’ and then set up a business that addressed those issues. One of the major things that came up was that clients resent paying for their lawyer’s swish offices, so Clearspire set up low-cost office spaces allowing them to charge clients less.

What do you say to lawyers who are reluctant to reduce their billable hours?

Client tolerance for bills that incorporate office management costs is steadily decreasing, so the focus really needs to be on value not billable hours. By implementing efficient systems and using technology to reduce operating cost, firms are winning clients by offering the same quality of advice at a lower price.

What will your session at ALPMA be covering and who should attend?

I’m running a workshop called Leveraging Technology for Profitability & Innovation. It’s for law firm managers and leaders without a strong IT/technology background but who want to improve the way their firm leverages technology for competitive advantage. We’ll discuss how to develop a technology strategy for your firm, how to manage the risks associated with technology and reap the promised rewards. We’ll also look at a range of technologies (from collaboration tools, mobility, discovery and cloud to workflow automation, document management and CRM systems) for law firms.

This interview with Craig Rispin (pictured) was facilitated by Encompass, a sponsor of the ALPMA Summit. Lawyers Weekly is also a media sponsor for the event. The Summit will be held at the Melbourne Crown Convention Centre from 27-29 August. You can find out more information here.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Firms need to be more techie
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...