Clients continue to change their expectations for law firms, including how and from whom they purchase legal services. Beyond the latest use of panels and convergence programs, clients are making statements to the marketplace by moving work to firms that best respond to their requirements and guidelines. Jami Wintz McKeon, Firm Chair, Morgan, Lewis & …
Information and commentary on the business and practice of law at Thomson Reuters.
Articles
Law Firm Leaders Forum – An Annual Report on the State of the Profession and Business of Law
The 21st annual Thomson Reuters Law Firm Leaders Forum in New York began with a panel discussing recent developments over the past year, a session that traditionally opens the forum each year. Ralph Baxter, Chairman of the Thomson Reuters Legal Executive Institute, author and advisor, opened with remarks discussing three developments he sees impacting the …
- October 6, 2016
- Jeff McCoy
Potentially Groundbreaking IP Supreme Court Cases
Intellectual property cases have become somewhat of a staple for the US Supreme Court in recent years. Two particular cases that are waiting to hear if they will make the docket for the 2016-17 court docket have the potential to break new ground for intellectual property rights. Wayne Stacy of Baker Botts discusses the cases …
- October 4, 2016
- Leonard Lee
Tim Murphy Listed Among “Most Influential People in Security” by Security Magazine
Thomson Reuters Special Services (TRSS) President Tim Murphy was listed by Security magazine as one of 19 leaders on it’s annual “The Most Influential People in Security 2016” list. Murphy, who marked 23 years of service with the FBI when he retired as the agency’s associate deputy director and chief operating officer in 2011, is …
- September 29, 2016
- Alex Cook
Creating Partnerships
We’ve been talking about the concept of “partnership” a lot at Thomson Reuters lately. I was at a recent conference built around the notion that in order to confront the issues we face as a society, public and private organizations must be able to work together. Granted, much of what we discussed at the conference …
- September 29, 2016
- Alex Cook
The Design Values Underpinning Elite
As I was preparing for our VANTAGE EMEA conference being held this week in London, I spent some time thinking about where we’ve come as an organization since we were here a year ago. And since it’s a history that directly informs where we’re at and where we’re going, I’d like to reflect on our …
- September 29, 2016
- Alex Cook
Continuous Innovation: Forum Magazine
The disruptive role of technology and how it can help firms thrive in a rapidly changing environment is one of several technology-related themes explored in the new issue of Forum magazine focused on Continuous Innovation. The issue examines large law’s growing use of cloud computing technology, and how security concerns are both a driver and …
- September 29, 2016
- Leonard Lee
Managing Risk During Risky Times — ACAMS 2016 Day 3 Keynote with Comptroller of the Currency
“We can’t let our guard down because the stakes are too high.” This was the strong reminder from Thomas J. Curry, Office of the Comptroller of the Currency, during his day three keynote at ACAMS 2016. With the event wrapping-up today at the Aria Resort & Casino in Las Vegas, his speech acknowledged the challenging …
- September 28, 2016
- Alex Cook
The Power of Listening to Customers – World Bicycle Relief – Vantage EMEA Keynote
A bicycle may be fun, but how can it help global poverty, economic development and health care? The day two keynote at Vantage EMEA in London for Elite had little to do with legal technology and practice management. Or did it? It had everything to do with the importance of listening to customers, of applying sound …
- September 28, 2016
- Leonard Lee
Australian Law Firm Demand Still Declining, Says Peer Monitor Report
The Australian legal market suffered its fourth consecutive year of declining demand, according to a new report issued by Peer Monitor and Melbourne Law School, “2016 Australia: State of the Legal Market,” based on financial data drawn from the Australian offices of 21 major law firms. Demand for Australian firms declined an average of 1.9% across firms …
- September 28, 2016
- Leonard Lee