How should lawfirms assess Legal Practice Management Systems(LPMS)?

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The last few years, I´ve seen and participated in how many lawfirms has evaluated and selected new core systems in order to become digital and more efficient.

As these important choices are made to impact the whole firm, the process of selecting systems and vendors is often both difficult from a functional perspective as well as the political aspect of making a big decision that will affect the firm for a long time.

There are always risks/benefits associated with any change, so how do you filter through your initial requirements to create the best possible foundation for your desired change?

In the process of choosing a new Legal Practice Management System, there are functional and technical requirements that most internal stakeholders can agree on. But when it comes to eliminating risk, there are often additional aspects effecting the decision making process thats more political and harder to define. To help in this situation, here is some lessons learned.

Key criteria when choosing a new Legal Practice Management System

Entry ticket – baseline critera for systems in your evaluation

  • Relevant base functionality
  • Cloud strategy
  • Industry knowhow
  • Appropriate SLAs / Service structure and availability
  • References

These first baseline criteria is almost standard today, and therefore only serves as a first filter to exclude legacy systems when creating a list of possible candidates for the future. So the question becomes – how should you prioritize beyond this to find your trusted partner for your firm going forward?

Ticket to ride – what qualifies a system/vendor to become a trusted component in your digital strategy?

  • User centricity – Focus on user adoption of digital processes and user efficiency
  • True cloud – Distributed architecture resilient to downtime and with quick response times, secure and built to facilitate innovation and everchanging needs.
  • Open APIs – Legaltech is evolving fast and lawfirms need to be able to adapt to change and add innovation to their digital strategy
  • Pace of innovation – whats the process and speed of continous enhancements in the platform
  • Business intelligence tools – the ability to analyze and optimize firm processes is a must
  • People/ culture – vendor responsiveness to input
  • Strategy and roadmap – how does this align with industry trends and pace of innovation

Do you agree with these criteria, and/or do you find there are other important aspects in choosing a system/vendor not listed here?

If so, let me know!

/Jonas Abrahamsson, LEX247

More to explore

LEX247 and Karnov Group in a new Nordic joint venture

On the 24th of March 2020, Karnov Group and LEX247 finalized the agreement of establishing a new joint venture, LEXNordics, with the aim of accelerating sales of the LEX247 practice management solution in the Nordic region

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