Cloud solutions, are they for my firm?
Over the last few years, adoption of cloud-based technology has grown by more than 3x, with adoption increasing from 19% to almost 60%. In the next 15 months 80% of businesses have committed to implementing cloud solutions for storing and processing their data.
What is Cloud Storage?
Storing data in the cloud means storing digital data offsite with a hosting company, where that hosting company securely manages the physical environment where the data is stored. Data resides across several remote servers that are housed inside very large data centers, built on virtualization technology. As a result, data can be stored across different servers and even across multiple locations. Amazon Web Services (“AWS”) is one of the most popular cloud hosting providers within North America. AWS provides what many refer to as “bank grade” security and is designed to deliver 99.999999999% durability.
One of the many benefits of cloud storage is the ability to access data from anywhere and on any device - and the cloud is environmentally friendly too, as it makes it much simpler to go paperless.
When you make the move to cloud computing, all files are stored centrally and everyone sees one version of the truth. Greater visibility means improved collaboration, which ultimately means better work and a healthier bottom line. If you’re still relying on the local storage or paper, it could be time to try something a little more streamlined.
As even the smallest companies become more global, collaboration becomes more complicated. According to one study, "73% of workers collaborate with people in different time zones and regions at least monthly". Cloud computing makes it easy to work with people from around the world.
Lost laptops are a billion dollar business problem but the greater loss is the loss of the sensitive data that may be stored on a laptop. Cloud computing provides greater security if a device is lost. When your data is stored in the cloud, it can be accessed no matter what has happened to your device. Furthermore, you can generally remotely wipe data from lost devices so that the data doesn’t get into the wrong hands.
There are a few simple steps you can take to adopt cloud technology and make your law firm more competitive. There are many great cloud offerings that have delighted many small to large law firms throughout North America. Some popular ones include Clio and dealcloser. Clio is a cloud-based legal practice management software that allows you to spend less time on practice management and more time with your clients. dealcloser is a cloud-based legal transaction/document management solution that makes legal transactions easier with features such as document control and the ability to collect signatures from both sides of a deal in real time! Today, clients expect firms to adopt these kinds of solutions.
Not moved to the cloud yet?
Any one of the above benefits would be enough to convince many law firms to move their processes to the cloud. But when you look at all of them together it becomes an easy choice to make.
Take your firm to the next level and partner with a cloud solution that’s right for you.