Technology

Technology

Most firms that I talk to have invested in people and technology and implemented policies and procedures to ensure that their corporate data and/or their client’s data is protected within their organization. Secure servers, offsite back-up, VPNs, document management systems, strong...

One of the benefits of using a cloud computing platform in your law practice is offsite data back up and business continuity.  It’s a convenient and simple solution for data back up, it happens automatically and gives you one less thing...

Many lawyers understand the importance of networking, but let’s face it — running a law practice takes time and no one ever seems to have enough of it. In fact, the lack of time is one of the main reasons lawyers...

I recently discussed useful iPhone apps for lawyers and a while back I explained how I thought lawyers might use iPads in their law practices. Specifically, I noted that iPad apps with annotation capabilities for pdfs would likely be some of...

Since my last post on the iPhone, the intelligent device is becoming an increasingly popular phone with lawyers, especially small firms and solos. One of the reasons for its popularity is the large number of law-related apps that are available--and more...

Most of Firmex’s clients are now using the internet to distribute seller’s books or confidential information memorandums when managing a sell-side M&A transaction. However, there are firms that are continuing to create physical books, which can range from 50 to 200...

I’ve had my iPad for a few weeks now and am slowly but surely discovering how it fits into my daily routine. After using it for a while, I continue to believe that the iPad is primarily a media consumption device,...

Lawyers have ethical duties to protect sensitive client data. When it comes to storing information in “the cloud,” just as with any other form of storage, taking steps to ensure that confidential client data is protected is imperative. Unfortunately, there are...

The use of a virtual deal room (“VDR”) has become commonplace in modern merger and acquisition practice, replacing the formerly prevalent document room.  The advantages of a VDR include reduced cost; reduced security concerns; accessibility to multiple parties simultaneously and 24/7;...