As legal information professionals from across the globe gather in Baltimore, also known as “Charm City” and one of the most historic cities in the U.S., for the 2018 American Association of Law Librarians Annual Meeting & Conference, let’s continue to embrace our incredible history as we build the future of the profession and industry. …
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How Firms Are Advancing Diversity in the Legal Profession
Firms that have figured out how to retain, champion, develop and advance women partners are solving three significant problems – they are closing the gender gap in law firm partner compensation, they are winning top talent and they are meeting their clients’ demands for diversity. Baker Botts LLP is an excellent example of a firm …
- July 11, 2018
- Leonard Lee
AI in Legal and Access to Justice
This past weekend, experts from around the country gathered in Denver for the American Association for Justice, which seeks to ensure that any person who is injured by misconduct or negligence can obtain justice through the court system. Among the presenters at the conference was Thomson Reuters own David Curle, Director of Technology and Innovations, …
- July 10, 2018
- Alex Cook
Performance Gaps Among Large Law Firms Narrowing
The large law firm may be becoming more competitive. Firms in the highest-performing segment of the market may be pulling back towards market averages, as their performance gap over the rest of the market has narrowed somewhat. That’s among the findings of The Dynamic Law Firms Study: A 2017 Year-End Update from the Thomson Reuters …
- July 9, 2018
- Leonard Lee
New York Insurance Letter on Compensation for Insurance Professionals
Although “insurance agent” and “insurance broker” sound like similar job titles with similar duties and responsibilities, there are important differences between the two roles. Insurance agents are agents of the insurance company; they perform specified duties on the company’s behalf. Insurance brokers, on the other hand, are agents of the insurance buyer. Brokers owe these …
- July 3, 2018
- Alex Cook
Thomson Reuters Legal Tracker LDO Index Notes Budget Squeeze, Prioritization of Cost Controls and Technology
Report details focus on legal operations, workload increase EAGAN, Minn. June 25, 2018 – For many corporate legal departments, budgets are not keeping up with the growing volume of work according to the 2018 Thomson Reuters Legal Tracker LDO Index, a report based on anonymized data from Thomson Reuters Legal Tracker, which includes more than …
- June 25, 2018
- Alex Cook
Thomson Reuters Legal Tracker LDO Index Notes Budget Squeeze, Prioritization of Cost Controls and Technology
For many corporate legal departments, budgets are not keeping up with the growing volume of work according to the 2018 Thomson Reuters Legal Tracker LDO Index, a report based on anonymized data from Thomson Reuters Legal Tracker, which includes more than 1200 legal departments, as well as survey responses from 217 legal departments using Legal …
- June 25, 2018
- Alex Cook
From Penthouse to Big House: Pharma Bro, Fraud & Forfeiture
Martin “Pharma Bro” Shkreli earned national attention in September 2015 when a company he founded earlier the same year, Turing Pharmaceuticals, acquired the drug Daraprim and raised its price from $13.50 to $750 per tablet. That’s an astronomical increase of 5,000%. However, a fraudulent scheme involving three other companies he founded is what landed him …
- June 22, 2018
- Alex Cook
VANTAGE NYC 2018: Joe Fredericks Keynote – Communication to Drive Innovation and Growth
Being an effective communicator is a necessary characteristic in order to be successful and agile in the workplace. In a law firm, an internal communications function might not be a first thought, but just might be the extra little something that may have been missing. Joe Fredericks, founding director, PCA Law, is a change management …
- June 21, 2018
- Gretchen DeSutter
Thomson Reuters Elite Announces 3E Matter Pricing and first 3E Cloud Customer at VANTAGE 2018 Worldwide Conference
The more than 1000 Elite customers helped kick off the VANTAGE Worldwide conference today at the morning keynote session where Eric Ruud, Elite’s managing director, announced the launch of 3E Matter Pricing, and the first Elite 3E Cloud customer go live. 3E® Matter Pricing is a new suite of tools which provides firms with valuable …
- June 19, 2018
- Gretchen DeSutter