ABA Journal: New ABA Techreport Shows Slight Decrease in Firms that Budget for Technology - Articles

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Posted by: Chelsea Bennett on Dec 17, 2018

Survey data from the ABA Techreport 2018 reveals that the percentage of firms that budget for technology has slightly decreased, ABA Journal reports. The report, released last Wednesday, uses data from the annual Legal Technology Survey Report. It found 57 percent of responding lawyers and firms budget for technology, as opposed to 60 percent last year. The data showed that the percentage of firms that budget for technology increases with a firm’s size: 34 percent of solo respondents, 53 percent of firms of two to nine attorneys, 77 percent of firms of 10 to 49 attorneys, 83 percent of firms with 100 to 499 attorneys, and 87 percent of firms of 500 or more attorneys had technology budgets.