Tuesday, March 13, 2007

LegalTech New York Attendee Survey Shows Strong Sustained Financial Support for Technology in Law Firm and Legal Department Budgets

If a survey conducted at LegalTech New York was any indication, lawyers are shedding their technophobe reputation. Today Edge Legal Marketing released the results of their 2007 attendee survey taken at LegalTech New York, held January 29 through January 31 and boasting 12,000 attendees. Law firm and corporate attorneys, as well as support staff, IT professionals, and specialty vendors, attended this year's conference.

The technology budget in law firms and legal departments is growing for 2007, as 67% of respondents indicated, part of an upward trend in legal technology spending. Only three percent of respondents reported a budget decrease for 2007, compared to six percent just a couple of years ago.

Data storage and imaging topped the list of researched items in the exhibit hall this year, while respondents reported electronic discovery software as the top software product researched. Document management, litigation support, and case management and budgeting software followed.

Full survey results can be found at Edge Legal Marketing.

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