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BigLaw resists techo evolution over fear of losing billable hours
Large US firms with over 350 lawyers are adapting to new IT far more slowly than smaller practices - with poor use of document management systems, only half using document assembly and many still using fax, photocopying and couriers.
These are some of the conclusions which emerge from the 2014 report by the International Legal Technology Association (ILTA) on the state of technology use in law firms. Only a quarter of surveyed firms are using internal collaboration and social networking tools.
Billable hours
Computer-assisted document reviews and predictive coding systems have not been widely adopted. According to Akron Legal News, this is 'clearly tied into the amount of time, and therefore money, that lawyers/ paralegals spend in document review. The more computerized document search is, the fewer billable hours.' Source: Akron Legal News
