Improving productivity, driving law firm profitability, and providing high-quality advice to clients are among the top motivators for legal professionals to embrace AI, including generative AI. These are among the findings of the Future of Professionals Report, which surveyed more than 1,200 professionals in legal, tax and accounting, global trade, and risk and compliance industries. …
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Thomson Reuters Completes Acquisition of Casetext, Inc.
Thomson Reuters announced today that it has closed on its previously announced acquisition of Casetext, Inc., a provider of technology for legal professionals, for a purchase price of $650 million in cash. Founded in 2013, Casetext uses advanced AI and machine learning to build technology for legal professionals, creating solutions that help them work more efficiently and …
- August 17, 2023
- Carrie Brooker
Generative AI Insights from Joel Hron: How Thomson Reuters Will Deliver Trustworthy Results
Joel Hron, vice president of Technology, was among the presenters at the webinar Thomson Reuters hosted in June to offer sneak peeks of the generative AI capabilities in Westlaw, Practical Law, Legal Drafting tools, and the plugin with Microsoft 365 Copilot. More than 150 attendees submitted questions during the webinar. Today, Hron provides the second piece in …
- August 16, 2023
- Carrie Brooker
ILTACON 2023: Join Thomson Reuters to Redefine Legal Work with the Power of Generative AI
When ILTACON – the International Legal Technology Association’s annual conference – opens on Aug. 20, Thomson Reuters will join industry experts and the legal community in Orlando for peer-driven programs, educational content, and networking activities. The conference is an opportunity for attendees to collaborate on successful legal operation strategies for today’s transforming legal industry. Thomson …
- August 15, 2023
- Carrie Brooker
Law Firm Recovery Continues: Takeaways from Q2 2023 Thomson Reuters Law Firm Financial Index
The strong start for the law firm market in 2023 continued in the second quarter with robust rate growth and demand up for the second consecutive quarter. These are among the findings of the Q2 2023 Thomson Reuters Law Firm Financial Index (LFFI) powered by Financial Insights. Legal Current highlights top takeaways from the report, …
- August 7, 2023
- Carrie Brooker
Practical Law The Journal: August Issue Out Now
Practical Law The Journal is the award-winning magazine companion to Practical Law, covering a wide range of transactional, regulatory, and litigation topics. It publishes monthly in a digital-only format hosted on Reuters.com. Legal Current reached out to the Practical Law The Journal team to discuss what readers can look forward to in the August issue. …
- August 3, 2023
- Carrie Brooker
Zena Applebaum Named a 2023 Fellow by the College of Law Practice Management
Zena Applebaum, vice president, Product Marketing, Thomson Reuters has been named a 2023 fellow by the College of Law Practice Management. The college is a professional, educational, and honorary association dedicated to improving law practice management and enhancing the professional quality of and public respect for the law. Applebaum shared what the recognition means to …
- August 1, 2023
- Carrie Brooker
Practical Law The Journal: July Issue Out Now
Practical Law The Journal is the award-winning magazine companion to Practical Law, covering a wide range of transactional, regulatory, and litigation topics. It publishes monthly in a digital-only format hosted on Reuters.com. Legal Current reached out to the Practical Law The Journal team to discuss what readers can look forward to in the July issue. …
- July 12, 2023
- Carrie Brooker
Thomson Reuters Judicial Analytics to Integrate with Courtroom Insight
A new Thomson Reuters collaboration with Courtroom Insight will deliver seamless access from Thomson Reuters Litigation Analytics to the Courtroom Insight Knowledge Management Platform. The collaboration, announced today, provides mutual customers with access to relevant research on judges, case types, and judgments in the United States. Courtroom Insight users will have access to Thomson Reuters …
- July 11, 2023
- Carrie Brooker
Dynamic Law Firms Report: Strategies Top-Performing Firms Use to Fuel Growth
Law firms that invest in technology and innovation earn higher revenues. This is among the key takeaways of the 2023 Dynamic Law Firms Report, which examines a 10-year stretch of data to identify the strategies law firms are using to ensure long-term success and growth. The report found that when clients perceive a firm they …
- July 10, 2023
- Carrie Brooker