In 1987, Gartner Group popularized a new term within the technology industry: “Total cost of ownership.”
Analyzing total cost of ownership provides law firm and other business leaders leaders with a framework
for determining the complete costs of implementing new technology.
For three decades, technology professionals and business leaders have used this calculation to decide if a new technology is a worthwhile investment. But total cost of ownership is only one piece of the puzzle. Firms should also consider the benefits the new technology will bring to the firm, in terms of enhancing case organization and efficiency.
Casefleet's new white paper, Total case organization: Quantifying the benefits of legal tech investments, gives law firm leaders a formula for making better technology purchase decisions.
