Over the years, cybersecurity has become a paramount concern for businesses of any size.
The unprecedented threats posed by cyberattacks compelled law firms to increase their cyber maturity and resilience.
Law firms hold large volumes of personal, sensitive, and confidential data on their employees and clients, making them lucrative targets for cybercriminals.
Cyberattacks increased by more than 60% in the last two years, with the number of top 100 law firms experiencing an attack rising from 45% in 2013/14 to 73% in the previous FY.
This is daunting, considering law firms are inherently built upon strict confidence and client trust.
This is where ‘Managed IT Services‘ emerged as the need of the hour.
Managed Service Providers (MSPs) help law firms find the right systems to boost productivity while recommending security measures to protect vital data and the business as a whole.
Many law firms prefer an MSP over an internal team because the former is more cost-effective.
According to Statista, most US law firms employ less than ten individuals and may not have a budget for in-house IT staff.
So, hiring an MSP is a budget-friendly solution for businesses, especially SMBs, that need IT expertise and support without staffing more employees.
ALSO READ: 9 Reasons Businesses Today Are Choosing Managed IT Services
How Law Firms Benefit from Managed IT Services?
Managed IT services offer many benefits for law firms that need hands-on and proactive IT support. An MSP can benefit your law firm in the following ways
1) Enhanced Security Posture
With Managed IT Services, the law firm gets access to the best cybersecurity technologies and practices often limited to enterprise organizations. The MSPs use Remote Monitoring and Management (RMM) technology that automatically and continuously monitors the security of your confidential digital information.
2) Maintain Compliance
Since law firms are dealing with large amounts of sensitive client information, they must comply with government data security regulations. The Managed IT Services help your law firm comply with the continually changing government regulations.
3) Enhanced Accessibility
Legal professionals often need access to sensitive information and documents at any time and place. Access should be secure.
With Managed IT Services, legal professionals can store their files in the cloud and securely access information on demand from any internet-connected device.
4) Improved Productivity
Server breakdown, slow internet, or any other IT issues are inevitable in any organization. However, these issues may severely impact the team’s ability to work, leading to a fall in overall business productivity.
In the recent past, small businesses with annual revenue up to 50 million reported that just a single hour of downtime cost them USD 8,600.
Managed IT Services to help organizations reduce server and network downtime by adopting redundancies, security measures, and disaster plans that prevent issues or threats that impact productivity.
5) Reduced Operational Costs
Many law firms prefer MSPs over the internal IT team to reduce operational costs. With Managed IT Services, businesses see savings related to floor space, human resources, and infrastructure, among others. Moreover, with MSP, you can plan your budget as it is a subscription-based service.
6) Adequate Coordination
Most law firms often operate a business from multiple locations and fail in inappropriate coordination. With Managed IT Services, law firms can bring in uniformity and necessary coordination to operate multiple sites.
ALSO READ: 5 Factors That Help You Choose ‘Right Managed IT Service Provider’
In Conclusion
As law firms rely on the confidentiality, integrity, and availability of their data, a lack of security awareness can lead to severe revenue loss and reputational damage. So, it’s imperative for law firms to partner with the right Managed Service Provider to ensure a secure journey.
Wait no more!
Contact Veritis to learn more about Managed IT Services for law firms. Veritis is a US-based strategic Managed Infrastructure Services provider with a history of helping law firms. We have become a trusted partner for legal organizations in various US locations, including Texas, California, Florida, Nevada, Virginia, New York, New Jersey, and Michigan.