Are You Still Buying Equipment Like It’s 2015?

Technology has changed. So has how law firms use it. Yet many firms still approach equipment purchases the same way they did a decade ago, by buying everything outright, waiting until hardware breaks, and treating procurement as a one-time event.

That might have worked in 2015. But in 2025, those habits limit your firm’s flexibility, drain cash flow, and slow down progress on critical initiatives.

What’s Different Now?

The pace of change in legal technology has accelerated. Firms are navigating hybrid work environments, tighter security standards, and client expectations for speed and digital access. As a result, IT systems that once ran reliably for five or more years are now being refreshed much sooner.

The equipment lifecycle has shortened, but many purchasing strategies haven’t kept up. This mismatch often leads to:

• Budget stress from high upfront costs

• Delays in adopting new platforms

• Gaps in security or compliance coverage

• Frustration from slow or incompatible tools

Technology is now part of the attorney experience, not just the IT department’s responsibility. If procurement lags, the entire firm feels it.

The Case for Changing Your Approach

Upgrading your procurement strategy doesn’t mean spending more. It means choosing a model that reflects how firms operate today. Leasing allows law firms to plan, reduce internal friction, and make strategic decisions without waiting for budget cycles or major capital approvals.

It also improves:

• Cash flow by spreading payments over time

• Refresh timing by aligning with performance needs

• Forecasting and budgeting with predictable monthly costs

• Vendor coordination and end-of-life planning

This isn’t just about modernizing technology. It’s about modernizing how your firm plans, manages, and finances the tools your attorneys rely on.

Avoid the Sunk-Cost Trap

One of the biggest problems with outdated procurement habits is the tendency to hold onto underperforming systems too long. Once something is purchased outright, firms are often hesitant to replace it, even when performance drops or needs change.

Leasing provides the ability to refresh without penalty, restructure terms midcycle, or scale up based on growth, all without locking capital into assets that may not serve the firm’s future.

How CoreTech Can Help

CoreTech helps law firms move away from outdated procurement models by building leasing strategies that reflect today’s legal environment. We help you stay current, flexible, and ready for what’s next without the financial friction that comes from one-time purchases.

Contact CoreTech Leasing at info@coretechleasing.com to find out how a better leasing strategy can support your firm’s goals.