The Value of Drafting in the Cloud: A Game Changer for Law Firms
In today's fast-paced legal industry, staying competitive and efficient is crucial. One of the most significant shifts we've seen in recent years is the move towards cloud-based tools. According to the 2024 ILTA Tech Survey, 43% of law firms consider themselves mostly in the cloud, a substantial increase from just 24% in 2021. This shift is driven by the need for firms to innovate and stay ahead in a rapidly evolving tech landscape.
Below, we explore the key benefits of adopting cloud-based drafting tools.
Boost Competitiveness and Reduce Costs
Firms that rely on on-premises tools often face high costs related to server purchases, maintenance, and security. These resources could be better utilized to drive the firm forward and improve competitiveness. Cloud-based tools eliminate the need for costly server investments and free up IT teams to focus on strategic innovation.
Adaptability and Innovation
In a rapidly changing tech environment, the ability to leverage the latest technology can make or break a firm. Cloud-based systems make it easier to integrate new technologies and adapt to changing circumstances. Cloud solutions provide automatic updates and seamless data management, ensuring that your firm is always equipped with the latest and greatest.
Unparalleled Security and Resilience
Security is a top priority for law firms, and cloud-based tools have the potential to offer robust security measures. Litera's tools are SOC 2 Type II and ISO 270001 compliant, providing automatic backups and disaster recovery plans to ensure data security and accessibility even in case of outages.
Scalability to Meet Your Needs
Cloud-based technology allows firms to scale their operations according to their needs. Unlike on-premises tools, which require significant infrastructure investments to meet high demand, cloud tools enable firms to scale up or down as needed, ensuring they have the right technology support to succeed.
Improved Productivity and IT Team Retention
Maintaining on-premises systems can be time-consuming and challenging for IT teams. Cloud solutions free up IT teams to focus on more productive work and innovation, rather than repetitive maintenance tasks. Litera's cloud drafting solutions offer automatic updates, global support, and dedicated account teams, helping IT teams to take the firm to the next level.
Performance and Reliability
Cloud-based tools are less likely to experience performance issues compared to on-premises tools. Solutions with top-notch performance, automatic updates, and minimal downtime, allow firms to provide excellent client service without interruptions.
Anywhere, Anytime Access
Today's lawyers need to work from anywhere, and cloud-based tools offer the flexibility to do so. It's crucial for cloud solutions to meet users wherever they are, across devices, while maintaining security and governance preferences. This flexibility enhances productivity and ensures sensitive information remains secure.
User-Friendly Experience
User-friendly design is a critical factor in technology adoption. Cloud-based tools prioritize intuitive interfaces and seamless integrations with existing workflows, making them easier for lawyers and staff to use effectively. A better user experience translates to increased productivity and satisfaction.
Enhanced End-User Adoption
For any technology to deliver a return on investment, widespread adoption is key. Cloud-based tools make it easier for firms to integrate new solutions into their workflows and encourage adoption across the organization. With a focus on ease of use and practical support, firms can maximize the value of their technology investments.
Vendor Innovation
For 25+ years, Litera has empowered legal professionals to deliver impeccable documents, earning the trust of 75% of the industry. Now, we are transforming the legal experience by reimagining our Drafting tools as workflow-based SaaS applications infused with GenAI.
Reimagined Drafting tools will be accessible through our unified, modern Office Add-in interface in Word and Outlook, available across any device and operating system.
By adopting cloud-based tools, firms can stay competitive, improve client service, and ensure their technology infrastructure is always up-to-date. To stay ahead and be the first to know about Litera’s latest drafting innovations, join our waitlist today.
