2020 Highlights: Legal Home Becomes Digital Launchpad, New Marketplace Introduced
With the year winding down, Legal Current is revisiting 2020 milestones and key accomplishments from the Legal business of Thomson Reuters. Today we look at Thomson Reuters Legal Home, an integrated digital launchpad that serves as a central entry point for legal professionals to access essential resources and information.
Introduced in November, Legal Home delivers seamless access to Thomson Reuters applications through a single sign-on, bringing together filtered information from multiple applications and sources, making it a convenient place to start and manage each day. Legal Home connects customers to multiple features within Thomson Reuters HighQ, as well as many of the company’s legal products, including Westlaw and Practical Law.
Thomson Reuters also recently introduced a beta version of Thomson Reuters Marketplace, an online store where users can research, trial and purchase a wide range of trusted and tested solutions. The applications, solutions and services available will add greater value to the technology investments users have already made. It offers an industry advantage of vetted applications and solutions that seamlessly integrate with Thomson Reuters products and technology, offering a greater return on investment.
Top industry analysts and influencers took note of the Legal Home and Marketplace rollouts.
Analyst Hugh Logue of Outsell Analysis proclaimed, “The battle is on for where lawyers start the day, and with its broad range of software products, workflow, and legal research content, Thomson Reuters has the advantage.”
Bob Ambrogi of LawSites agreed, noting: “TR says it brings together filtered information from multiple applications and sources, making it a convenient place to start and manage each day. It also provides a detailed view into a user’s HighQ sites and activity feeds, across multiple instances, to stay up to date on key tasks for matters and projects.”
Richard Tromans of Artificial Lawyer also touted the launches, asking: “Is this a big deal…? Yes, massive. Selling its own products is one thing, selling others’ tech, as well as legal services providers – (even if the focus there is on KPMG’s legal ops consulting) – is huge.” The launches also ranked among Artificial Lawyer’s most-read articles of 2020.
“Both Marketplace and Legal Home are designed to achieve an important win-win goal for law firms and Thomson Reuters,” noted Jean O’Grady of Dewey B. Strategic. “Marketplace is designed to make it easy for law firms to locate not only appropriate products but also understand how those products can be integrated into third party platforms.”
Free to Thomson Reuters customers, Legal Home is now available in the U.S. and UK, and will soon be available in Canada, Australia and New Zealand. Thomson Reuters Marketplace will be available globally beginning in February 2021.