Kroll Ontrack warns: UK solicitors lag behing US rivals
~ research reveals British firms fall behind Americans due to archaic processes ~
November 26, 2002
City solicitors are less effective than their American rivals because they fail to use cost-effective and efficient IT solutions.
The recent AmLaw Tech survey found that over 60% of US firms use electronic evidence services. They store and search through disclosure lists electronically, rather than employing the man-hour hungry process of trawling through documents by hand. This means they boost efficiency. In comparison, such processes are almost unheard of in the UK. As a result, American solicitors are better-equipped to ride the current downturn in the economy and retain their market position.
In response to this, Kroll Ontrack is advising UK firms to follow the example of their US counterparts and consider all technologies at their disposal. This would help them cut costs for clients and as a result, win more tenders for outsourced legal work. It would also enable them to win more cases and/or settle earlier.
"At present, the main barrier to UK law firms reducing costs is simply education," said Todd Johnson, general manager at Kroll Ontrack. "While electronic evidence services are used extensively in the US, UK firms still haven't realised the benefits they can bring. Instead, they rely on archaic and impractical means that are forcing them to pay over the odds for a task that is neither gratifying for staff, nor efficient."
NOTES TO EDITORS
About Kroll Ontrack
Kroll Ontrack, a wholly-owned subsidiary of Kroll Inc, is a leading provider of data recovery and electronic evidence services. It helps individuals, companies, law firms and government agencies recover electronic information quickly and cost-effectively.
Kroll Ontrack is able to recover lost or corrupted data from all operating systems and types of storage devices through its do-it-yourself, remote and in-lab capabilities. Kroll Ontrack's award-winning utility software tools help prevent critical data loss through problem-solving and file-management utilities.
Formerly known as Ontrack Data Recovery Europe Ltd., Kroll Ontrack operates as the 'Technology Services Group' of Kroll. This is one of four businesses dedicated to providing practical and integrated solutions to organisations worldwide to help safeguard them against risk.