ILTA2012 LegalIT spending: current low is the New Normal

ILTA2012 LegalIT spending: current low is the New Normal

Notables and Quotables in 2012

•   Overall firm technology spending – as a percentage of firm revenue and based on per attorney spend – is still down from pre-2009 economic downturn.

•   63% of all responding firms spend between 2-4% of total firm revenue on technology indicating a new tech budget ‘normal’.

•   The ‘sweet spot’ for per attorney technology spend, $8K-$17K, accounts for 46% of all responses. Firms spending $26K or more per attorney are up to 9%.

•   52% cited increased technology budgets in 2012, up 2% from 2011.

from InsideLegal 2012 Technology Spending Survey

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