4 Elements That Determine Your Real Cost of Business Printing
Typical associations with the legal industry include hundred-page-long briefs, thick piles of case reports, and sifting through boxes upon boxes of old files and documents.
Fewer industries are more overflowed with paper than the legal industry. The average law firm spends 12.5% of its annual revenue on paper and printing. Imagine how expensive that must be. Managed print services can therefore be of great benefit to the legal industry.
Many law firms face several industry-specific challenges that can be alleviated if not solved by managed print services, including maximizing billable hours; budgeting; disaster planning and recovery; access to key documents; and regulatory accountability to Sarbanes-Oxley, Gramm-Leach Bliley, the Security Exchange Act of 1934, and the Anti Money Laundering Act.
Here are just a few of the many ways that managed print services can benefit the legal industry:
- Increased Productivity: Digitization and automation of manual tasks allow employees to spend less time on printing and more time on actually helping their clients. Fewer steps are needed to process paper documentation and legal briefs. Documents can be scanned directly to networks and courts and can automatically be converted to the desired format.
- Enhanced Security: Every document that passes through a printer is recorded on the hard drive and vulnerable to hackers. Clients certainly don’t want their personal information—especially as it pertains to legal issues—accessible to just anyone. Managed print services can protect sensitive documents with security protocols.
- Reduced Costs: Consolidating printing equipment into one unit reduces supplies and repair costs. Law firms can spend less of their revenue on printing and more on the work that matters most—helping their clients.
If your law firm is looking into managed print services in Florida, contact QualPath today.
Source:
Hamons, Marvin. (2013). How Your Law Firm Can Benefit From Managed Print Services. Law Office Printing Legal Industry Managed Print Services MPS.
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