Forty percent of law firms used cloud-based technology for data storage in 2022 – up from only 3 percent in 2020.
Also: 60 percent of large firms moved their document management systems to the cloud in 2022.
Those statistics show that the era of cloud computing has definitely arrived.
“The benefits of the cloud are clear — lawyers can work and collaborate remotely in the cloud, meaning firms and legal departments become more productive and efficient,” according to the website Information Age. “However, amid all the advantages, organizations must also ensure they remain secure and compliant. A security breach or failure to meet compliance regulations can carry significant financial penalties and reputational repercussions.”
Do you know one simple step that will reduce your risk of wire fraud to near zero? Can you name the Three C’s of Law Firm Branding? Do you understand how amygdala hijack might be sabotaging your law practice? You would know the answers to these and other important questions if you attended our recent CLE webinars. These free lunch-hour programs – which feature nationally-recognized experts offering practical tips and guidance on crucial issues affecting the legal industry – are just one of the many benefits available to you as a member of the Alta Pro Risk Purchasing Group (RPG). Do you practice in Wisconsin, Texas, Minnesota, Ohio, Illinois, Indiana or Michigan? You may be eligible for regular Pro Practice e-Alerts, the Pro Practice Blog, Reminger Law’s ProLink risk hotline, discounts on CLIO practice management software, free consultations with the Risk Pro and more – without even knowing it. Register here and start enjoying your Alta Pro RPG benefits.
Pointers for Selecting a Cloud Provider
“Because global standards for data privacy and security are changing and expanding, law firms will need to pay close attention to which regulations are relevant to their clientele to ensure the privacy and security needs of their clients’ data can be met,” says Information Age. “The good news is that cloud providers do some of the heavy lifting when it comes to ensuring privacy, security and compliance. In fact, a law firm or legal team can actually ‘inherit’ the embedded security and compliance controls that already exist within a vendor’s application infrastructure.”
Here are some more risk management tips for selecting a cloud service provider:
- How much experience does the vendor have in the legal space?
- Ask for references.
- Read customer reviews.
- Consult the vendor’s past clients.
- Find out exactly who in the vendor’s organization will be working with you.
- Inquire about the vendor’s safety and security protocols.
- Has the vendor been audited or certified by a recognized authority?
- Do the vendor’s services meet widely-accepted industry standards and regulations?
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