By Casey Morgan, Marketing Content Specialist, StorageCraft
Managed service providers can often make a higher margin for servicing clients in industries with specific needs. The legal industry is not only an industry that’s growing by the minute (legal services generated $240 billion in revenue in 2007 according to the US Census), it’s also one that has very specific requirements and almost no flexibility when it comes to downtime. According to a study by the International Legal Technology Association, around 40 percent of all IT budgets in the legal industry have increased compared to the prior year. A 2010 CompTIA study also noted that six out of ten surveyed law firms expressed interest in managed services. MSPs who know how to handle these clients could be in a position to cash in on business opportunities as budgets and the needs for outsourced IT increase. But there are a few things MSPs might want to think about when it comes to the legal industry.