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Pressure Points: How to Move Forward Successfully with Technology Leasing

By Scott McFetters and Marc Cram
February 26, 2013

The 2013 IT Budget Benchmark Report conducted by Corporate Executive Board (CEB) Global reveals CIOs across the globe expect a modest growth in total IT expenditure while capital expenditure growth will stay flat. See, www.executiveboard.com/it-blog/2013-it-budget. Despite CIOs' efforts to reduce maintenance and mandatory spending, this continues to represent nearly 70% of total IT expenditure. This trend is amplified in the 2012 ILTA/InsideLegal Technology Purchasing Survey (http://bit.ly/12nQwgj) where overall law firm technology spend ' as a percentage of total revenue and per attorney ' is still down from the pre-2009 economic downturn and firms across the board were spending less on technology as allocated per attorney.

However, according to a Gartner report just released on 10 critical tech trends for CIOs over the next five years, there is significant growth in IT complexity. Faster change cycles are being predicted with shorter development timelines and end-users increasing demands on IT.

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