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Blogs : Prudent legal technology buy in a slowing economy

By Kevin OKeefe

Leading legal technology expert and lawyer, Dennis Kennedy, advises rather than retrenching in a slowing economy, law firms must be being willing to think of technology in terms of an investment. In a slow economy, you need to make smart choices about technology. Focusing hard on return on investment is important, but not if you are using that as an excuse to shut down technology investment. A better approach is to get a lot of options on the table and consider their likely risk and potential return. Then prudently pick a diverse portfolio of technology investment projects and step boldly forward. Not all of them may work, but the diversification will, and you?ll find yourself well positioned for the changes to come, both in the economy and the practice of law...continue to full post

Full post as published by Real Lawyers : Have Blogs on January 23, 2008 (boomark / email).