Embracing technology: in-house or cloud-based software?

Cloud Computing for Legal Bookkeeping

When you focus on the growth of your law firm, you need to consider the use of technology. If you are still depending on physical servers to perform all the law firm’s activities, it will not enhance your experience in terms of accessibility, speed, and security. 

Hence, you ought to think about alternative ways to make the operations of your firm productive. In this case, Cloud Computing can be an effective solution. You can use Cloud Computing to use multiple servers and storage for your law firm.

• Security and Maintenance 

There are strong perceptions regarding keeping the security of the records of legal documents by using Cloud. Many attorneys refrain from using the Cloud, arguing that the nature of legal data is confidential and sensitive, and the security feature of the Cloud needs to be more robust to provide protection.

To counter the fear raised by the attorneys, Cloud Computing has come up with various packages. As a result, you can enhance the security features according to your needs. Cloud Computing enables you to keep your data fully protected with encryption, multi-factor authentication, firewalls, and regular audits.

When working on your records with the help of in-house software, there are chances of hardware malfunction, errors, and malicious threats.

Here again, Cloud Computing has come forward to help you. It will provide you with help to prevent any kind of data loss. It accomplishes this using disaster recovery and robust backup features.

• Management

Cloud Computing makes you more efficient. You can’t imagine how simplified the processes will become with Cloud Computing. For instance, all your activities, including client intake, making reports, keeping logs, billing, etc., become smooth and flawless.  Besides, you can use this software to keep track of your time.

• Storage

Presumably, you can store data on devices like USB drives or your laptop. But in this case, there is a constraint of space. On the contrary, Cloud computing takes the help of the internet to store and edit data from any device. This is a blessing for those who are working remotely. Moreover, the lawyers can communicate with their clients 24/7.

• Data Analytics 

There was a time when you had to gather data for performance, revenue, profitability, etc., by complex means. But now Cloud Computing has brought all the data analytics for you in one dashboard so that you can make informed decisions. 

• Collaboration 

Those who continued their work during COVID-19 have already learned to use different software like Microsoft Teams for collaboration.  Such collaborations are only possible with Cloud Computing.   

The cost of Cloud Computing may be unreasonable. But when you consider the rewards of going online, you will be satisfied to see how helpful and productive Cloud Computing is for your firm.