LexisNexis’ 2023 Bellwether report shows shift in attitudes to tech investment post cost of living crisis

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Source: Legal IT Insider
By Caroline Hill

LexisNexis Legal & Professional has released its latest annual Bellwether report, which reveals that for the vast majority of small law firms and solo practitioners, keeping their technology infrastructure up to date over the next year is regarded as key challenge.

The Bellwether report, now in its 11th year and this year called Bold Ambitions? reveals that 81% of law firms believe that keeping their working practices and systems up to date will be difficult in the next 12 months. Only 24% of respondents said they have any actual plans to implement new technology during this period.

Read full article: https://legaltechnology.com/2023/06/06/lexisnexis-2023-bellwether-report-shows-shift-in-attitudes-to-tech-investment-post-cost-of-living-crisis/

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