What is the best way to convert older version projects to the latest version if the projects are stored on a network drive?

Before any conversion, please be sure to make a backup of all your projects and library files. You can create a backup by clicking on the Project Menu > Backup. Type in a new project name - this will create a new folder with all the necessary project files.

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Once you have made a backup, copy the old project from the shared network drive to your local machine. This will allow for faster processing time and avoid network timeout issues. Open the project within the software and it will automatically convert it to the latest version of the software. After a successful conversion on the local machine, you may then copy the project back to the shared network drive.