There’s no doubt that the COVID-19 pandemic and the rise of hybrid working was a factor here, but even before we went into lockdown, forward-thinking firms were exploring virtual apps and desktops, and using technology to maximise fee-earner potential, so it may reasonably be argued that this is more the acceleration of an ongoing trend rather than the start of a completely new one.
Thinking in wider terms, we live in an increasingly interconnected society, with increasingly high volumes of data created, transferred, and stored each day, in both our personal and professional lives. The Legal sector is no exception, not only in terms of generating new data, but digitising existing documents and client information – all of which is highly sensitive and must be handled with the utmost diligence.
While this growing volume of data offer numerous opportunities for cost savings and service improvements when next-gen technologies like AI and machine learning are introduced (more on that in a future blog!), but ensuring its absolute integrity is critical if firms are to maintain their clients’ confidence in an increasingly turbulent cyber threat landscape. Cyber attacks rose significantly during COVID lockdown as work moved rapidly from office to home, and recent reports indicate this continues to rise, with some 70% of law firms being subject to cybercrime.