Pilgrim and Syscap working together to make IT investment possibleDuring tough economic conditions investment in technology often dries up. As firms look to protect their cash reserves and in some cases cut costs, it is often the essential ongoing investment in items that drive businesses forward that are sacrificed. Anything that is viewed as a capital expenditure item is very much at risk of being shelved; particularly project related spends that are not regular tenants on budget request forms. Investment in specialist legal software often falls into both the ‘cap ex’ pot and the ‘one-off project’ pot and is therefore at high risk of being ignored.
History tells us that companies that continue to invest in their businesses during recessions regularly experience rapid growth once economic conditions show signs of improvement. Sir Terry Leahy, Tesco’s CEO recently stated, “This is actually a very good time to be expanding because expansion costs less during a recession.... We are building a platform for growth that will last for decades.” The same forward thinking strategy pays dividends for law firms. Read more...
More legal IT headlines
- Singapore firm upgrades to Aderant 7.5
- Latest from the Land Registry
- Webinar: eDiscovery - Immediate and Long-term ROI
- WiGig: Even Faster Wireless but Shorter Range
- Get Your Free Case Law on the Web
Details can be found in our news section.
Legal IT vacancy
Today we added the following new vacancy:
- SQL Database Administrator (UK, Manchester)
Relevant details and job description here.
No comments:
Post a Comment