The 2021 Wolters Kluwer Future Ready Lawyer Survey results are here! The report offers a unique perspective from legal professionals emerging from the pandemic with a better understanding of its impact and implications for the future.
Join us on June 17th at 3:00 pm as our expert panel discussed the issues and trends affecting the future of law as organizations work to both rebound from the challenges of the past year, and position themselves for higher performance ahead. The report includes insights based on quantitative interviews with 700 legal professionals across nine European countries and the U.S. from which the following key findings emerged:
- The top trends expected to have the most impact are: Increasing Importance of Legal Technology (77%); Coping with Increased Volume and Complexity of Information (77%); Meeting Changing Client/Leadership Expectations (76%); Ability to Acquire and Retain Talent (76%); Emphasis on Improved Efficiency/Productivity (75%)
- Overall, 63% of law firms say they will increase their technology investment, and as firms focus on clients’ changing expectations 74% report they are Investing in New Technology to Support Firm Operations and Client Work
- 57% of legal departments report they plan to increase their investment in technology over the next three years, while 84% say they will make Greater Use of Technology to Improve Productivity moving forward and many more interesting insights!