Having defined what comprises good legal practice management software, why does a law firm need it? As with any decision a law firm makes when investing its limited resources, the firm should compare the total cost associated with the system against the economic return that the system brings the firm. If the return is greater than the cost, then it makes sense to invest in the system. With this in mind, what returns can a law firm expect from the use of a LPMS?
With just over half of all law firms in the United States utilizing some type of true practice management system (meaning a system other than Outlook or cobbled together applications acting as a LPMS), there must be a reason why law firms make this type of investment. The common advantages and returns of any type of LPMS are: