the truth about cloud technology in today’s legal …...the truth about cloud technology in...
TRANSCRIPT
The Truth about Cloud Technology
in Today’s Legal Practice
REUTERS / Ricardo Moraes
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PANELISTS
Eric Sugden (moderator)
Chief Technology Officer
Thomson Reuters Elite
Mick Atton
VP & Chief Architect
Thomson Reuters Legal
Larry Persaud
Director of Strategy
Cloud + Enterprise
Microsoft
Anne-Marie Scollay
Director, Technology
& Information Security
Thomson Reuters Elite
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CLOUD OPPORTUNITY
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Cloud Technology
The future of legal IT
• IT industry is quickly moving to cloud based offerings
• Law firms are behind in cloud adoption
Cloud benefits
• Enhanced data security
• Improved enterprise scale and performance
• Heightened ROI from IT
• Business and technical agility
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Cloud Technology
Yet law firms remain cautious
• Concern over applicability of cloud in legal sector
• Misunderstandings over security, functionality,
performance, and control of data
• Law firms being left behind by competitor providers
and sectors
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LAW FIRM CONSIDERATIONS
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Law Firm Considerations
Law firms must manage risk
• Sensitivity of information being stored
• Exacerbated by high profile data breach cases
Misconceptions over data security
• Confidence in large-scale, on-premise servers
• Cloud regarded as less secure
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Law Firm Considerations
Sense of control
• On-premise servers seen to provide “fingertip access”
Preference for customization
• Fear of standardized, “out of the box” solutions
Established methods of working
• “If it’s not broken, don’t fix it”
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UNDERSTANDING &
EMBRACING CLOUD
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Understanding Cloud
Different Cloud Models
• Software as a Service (SaaS)
• Platform as a Service (PaaS)
• Infrastructure as a Service (IaaS)
• Private vs. Public Cloud
• Hybrid Cloud
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Understanding Cloud
Cloud Migration Options
• SaaS for new software purchases or when upgrading
• Replace legacy systems with SaaS
• Consider IaaS when adding new hardware or systems
• Migrate legacy systems (lift and shift) to IaaS where
possible
• Build new systems using PaaS
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Embracing Cloud
Improved data security and functionality
• The best in next-generation security technology
• Underpinned by professional certification (ISO, HIPAA,
SOC 2, FISMA)
• Field tested & utilized by large specialist teams
• Auto-updated security patches
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Embracing Cloud
Compelling business case
• Law firms facing increased competition and tightened
budgets
• Cloud reduces both capital outlay and maintenance costs
• Quick to implement, reducing time to value
• Highly scalable, adaptable to business needs
• Keep up with latest vendor releases
• Cloud is where the innovations are
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Embracing Cloud
Preferred by corporate clients
• Added security of cloud technology provides peace of mind
to law firms’ clients
• Law firm CISOs feeling increasing pressure from corporate
clients to adopt cloud technology
• Cloud increasingly a strategic, technical and reputational
asset for law firms
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A Way Forward
• Key steps to consider when moving to cloud
• Move incrementally and build up expertise
– SaaS for new systems – ex. DMS, Office 365, BI Tools
– Lift and Shift legacy infrastructure
• Consider multiple cloud providers based on firm need
and direction
• Take steps to ease security concerns
– Implement a security program at your firm
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Questions?
