ILTA White Papers

Financial Management

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www.iltanet.org Technology Law Firm Spending: More than a Numbers Game by Steve Odum of Bricker & Eckler LLP and Jim Hammond of Aderant Steve Odum is the Chief Financial Officer for Bricker & Eckler LLP. He manages the firm's financial operations, including banking, pension, taxes and financial reporting, time and billing systems, and other financial software and management reporting. Steve has been with the firm for 24 years and CFO since 2000, and he is an active ILTA member. Steve can be contacted at sodum@bricker.com. Jim Hammond, Vice President of Global Marketing with Aderant, is an industry-recognized leader with more than 30 years of experience providing law firms with financial and practice management software to meet their business requirements. Before joining Aderant, Jim served as the president of RainMaker Software. He is a spokesperson at various industry events in addition to authoring a thought-leadership blog at jimhammondblog.com. Jim can be contacted at jim.hammond@aderant.com. Understanding the spending realities and budget trends associated with law firm technology can give legal technology decision makers valuable insights for determining future spending. These trends can influence everything from building "right-valued" solutions to implementing cloud- based and mobile technologies as well as negotiating the terms of software maintenance and support agreements. There's definitely more to legal technology spending metrics and key purchasing statistics than meets the eye. 24 ILTA White Paper

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