Real estate costs can be one of a law firm’s highest expenses. There’s no reason to pay rent to house hundreds of case files, especially closed files, that could be much more inexpensively stored off site or converted to electronic format. As soon as possible, set aside some time to determine which files can be destroyed, which can be moved off-site for less expensive storage or digitized, and then, if you haven’t already done so, implement a system to begin creating a paperless file for each new case as you open it. You might even be able to rent out the freed-up space at a profit.
A Practice Tip