At first glance, the $65 million deal involved a growing provider of MSP-focused backup and disaster recovery (BDR) software. The landmark deal for MSP partners involved Barracuda Networks acquiring Intronis in 2015. March 2016: Sookasa for cloud access security brokerage capabilities. January 2018: Cybersecurity education software provider PhishLine. February 2019: Managed Workplace for RMM (remote monitoring and management) software. August 2019: InfiSecure Technologies for bot detection & mitigation capabilities. July 2021: Skout Cybersecurity for an MSP-friendly security operations center. Barracuda Networks: Noteworthy Acquisitions Barracuda, in turn, has acquired multiple MSP-focused software companies that offer cloud-based IT automation, management, security and data protection solutions designed for small business customers. The journey included private equity firm Thoma Bravo acquiring Barracuda Networks in 2017. As with everything else in your legal tech stack, start with an idea of what specific problems you want to solve.Exit: Barracuda Networks CEO BJ Jenkins Jumps to Palo Alto Networksīrian Babineau, GM of MSP solutions, Barracuda NetworksīJ Jenkins, formerly CEO, Barracuda Networksĭuring his time as CEO of Barracuda Networks, Jenkins successfully shifted the company’s channel partner strategy towards MSPs and MSSPs. It is easy to feel like you are drinking from a firehose when researching products. Keep in mind that this is an area rife with innovation. Whether you’re searching for a specific citation, shepardizing opposing counsel’s brief, or researching potential heirs of an estate, access to quick and trustworthy information can make or break your case. Optimize Online ResearchĪlthough it may not strike you as law firm technology, tools that enhance your legal research play a large role in the typical law practice. Examples of automations are the out-of-office response on your email, or even the keyboard shortcut you’ve programmed to make the § symbol. Automations usually live inside other applications. The technology to manage this, however, is not generally one discrete piece of software. After you have documented your systems and processes, you’ll get a sense of where you can automate. Not only can automation save you time, but it can also reduce errors by limiting human interaction. The broadest category of technology in your practice is that which helps you automate tasks. Ultimately, the goal here is to keep good records so you can take measure of your firm and serve your clients better. Timekeeping & billing, trust account reconciliation, and general business accounting all fit into the firm finances area of technology in your office. Others, however, need to run reports on their marketing efforts or distribute commissions on a split contingency basis. Some law practices can run their entire practice with an Excel spreadsheet and a checkbook ledger. These will help you determine whether a product has the right features for your needs.Įvery firm has different needs for its finances. Once you get to Chapter 3, you can use this Legal Tech Guide in tandem with our Product Reviews. Finally, we’ll talk about maintaining your tech stack (the combination of tools and software you select to manage your firm) with systematic audits. Then we’ll move to best practices for getting buy-in from your team. We’ll discuss how to select the right product that fits your organization’s needs. Finally, we’ll talk about competencies you’ll need to take advantage of these technologies. Then, we’ll take a look at what sorts of technology a law firm will typically use. First, we’ll discuss the advantages of using technology in your office. ![]() In Section I of this Guide, we’ll show you how to determine your firm’s technology needs. As you read through, keep in mind that by “law firm technology,” we mean hardware and software. In the following six chapters, we aim to answer all of these questions for you-or, at least, teach you to answer them for yourself. Not to mention decision fatigue: How do you choose the right tool, implement it quickly, and get buy-in from your team? But we bet you’re wondering if you’re doing enough. You know this, so you already use a considerable amount of tech in your office. Using relevant law firm technology leads to a more productive and efficient law firm.
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