It’s clear that law firms and legal departments need to innovate and understand technology in order to keep up with the changing market. Many have even taken the next step — finding out how innovation can help solve business problems. So it’s time to take the plunge with technology... but wait, is this a technology we should go out and buy? Or does it make more sense (either fiscally or in saved time) to build tech to solve this problem ourselves?
This webcast will review the considerations firms and legal departments should make when weighing whether to build custom software solutions, or buy an off-the-shelf product. The expert panelists that have undertaken these decisions themselves will not only run attendees through the lifecycle of the decision, but will also weigh the typical pros and cons that come with buying or building solutions. Attendees will also learn:
- What considerations go into a make vs. buy decision for legal technology.
- The risks and rewards of potential make or buy choices.
- How to evaluate a firm or department’s capabilities to make technology, and what is reasonable or not to undertake.
- How to work together within legal, IT and tech development to make the choice best suited for the firm or department.
