The fact that we are outside the traditional partnership model is an advantage — we don't have to worry about bringing people along, slow decision making, or
technology laggards.
Early adopters may be easy to sign up and the most vocal, but your technology - assessment panel must include customers from the early majority, late majority and even
technology laggards.
These decisions show how parts of the legal profession, often perceived as
a technology laggard, are catching up and starting to surpass others in use of automation and artificial intelligence (AI).
Not exact matches
I'm a
laggard on many
technologies and trends.
If a
laggard director blocks
technology or refuses to upskill, they should be asked to step down.
Restaurants are often
laggards when it comes to adopting new
technology, but rising labor costs due to higher minimum wage and labor shortages coupled with food inflation has some looking to solutions that can provide some relief from the increased pressure on already tight margins.
Extra cash in the hands of retailers means capital to widen the gap with the
laggards through investments in
technology, pricing, and delivery.
The January list includes a trio of perennial
laggards that have moved into blockchain
technology: Nova Lifestyle, Inc., Long Blockchain Corp. and Nxt - ID, Inc..
As the year unfolded it became increasingly apparent that the S&P / TSX Composite Index offered investors outsized exposure to the
laggards, such as energy, but also too little exposure to the leaders, such as the secular growth themes of
technology and healthcare.
Then we move to what is often called the «late majority» — the final 25 % or so of the market (there are always
laggards with every
technology).
ITG Investment
Technology Group has been a
laggard in a sector that is now spiraling lower — not a good combination.
As a
laggard in
technology, I've personally found that once you get into Apple products you pretty much stay hooked.
Now is the time to think about adopting encryption — its time has come — even for law firms, almost always the
laggards in adopting security
technology.
Though traditionally considered
laggards when adopting new
technology, law firms have recently started to explore new tricks to fortify performance across their organizations.
Chasm introduced the concept of the
Technology Adoption Lifecycle, which begins with innovators and moves to early adopters, early majority, late majority, and
laggards.
Technology, globalization, and the financial crisis of 2008 have changed the buy / sell dynamic in numerous industries — law is among the
laggards but that's changing.
Law remains their stock in trade, and
technology and process are
laggards.
In the life cycle of
technology adoption, there are innovators, early adopters, early majority users, late adopters and
laggards.
Teaching an Old Dog New Tricks: Business Process Management and Law Firms By Zachary Beauchemin and Alisha DiGiandomenico Though traditionally considered
laggards when adopting new
technology, law firms have recently started to explore new tricks to fortify performance across their organizations.
Law firms look set to update their
technology systems in a bid to steal a competitive edge over
laggards who fail to see changing business needs
While this pattern of trend - setters and
laggards is normal in the adoption of
technology and innovation (see, e.g. Crossing the Chasm), the reasons likely vary sector by sector.
Maybe even more important however, was Eric's sheer determination to not allow the
laggard technology culture within the insurance industry to slow him down.