Clients continue to gravitate toward law firms that have strong brand favorability and awareness, underscoring the importance of building long-lasting relationships in today’s fast-changing marketplace. These are among the key takeaways of the Regional Law Firm Brand Indexes 2022 released today by Thomson Reuters. The index covers legal markets in five countries and regions: the …
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Thomson Reuters Chief Legal Officer Thomas Kim Honored with Justice in Action Award
The Asian American Legal Defense and Education Fund (AALDEF) honored Thomson Reuters Chief Legal Officer Thomas Kim with a Justice in Action Award for his career in service to diversity and inclusion and his leadership against anti-Asian hate. AALDEF is a national organization that protects and promotes the civil rights of Asian Americans. At last …
Three Takeaways from the 2022 Dynamic Law Firms Report
Top-performing law firms are aggressively investing in their people and their culture to help achieve sustainable growth, according to the 2022 Dynamic Law Firms Report. Released today by Thomson Reuters, the report identifies factors that distinguish high-growth firms – Dynamic firms – from those that are challenged to keep up with the rest of the …
Practical Law Toolkit: Tracking Sanctions Imposed on Russia and Related Considerations
Thomson Reuters is offering a free Russia Sanctions and Related Considerations Toolkit on Practical Law that includes a collection of resources across jurisdictions focused on sanctions and business interruptions caused by the situation in Ukraine. The toolkit is a collection of practice notes, standard documents and clauses, checklists, trackers, and other resources covering a range …
Thomson Reuters Signs Agreement to Acquire ThoughtTrace
Thomson Reuters has signed a definitive agreement to acquire ThoughtTrace, a business providing a document understanding and contract analysis platform. ThoughtTrace, based in Houston, uses pre-trained artificial intelligence and machine learning capabilities developed by industry experts to read, organize, and manage business-critical document workflows for customers. As Thomson Reuters continues building an open, smart and …
Social Impact: Supporting Afghan Refugees Resettling in Minnesota
The Minneapolis-St. Paul campus of Thomson Reuters is honored to partner with the nonprofit organization Alight, which is leading response efforts in Minnesota to prepare move-in-ready homes for Afghan refugee families. Chris Kindler, Alight campaign director, said more than 1,300 Afghan refugees have arrived in Minnesota since August, which nearly quadrupled the number of Afghans …
Law Firm Antiracism Alliance: Dismantling Systemic Racism in the Law
Law Firm Antiracism Alliance co-presidents and co-founders Kiisha Morrow and Brenna DeVaney talked with Thomas Kim, Thomson Reuters chief legal officer, in a new episode of The Hearing podcast. Morrow and DeVaney discussed what inspired them to establish the alliance, which emphasizes the need for law firms to do more in partnership with legal services …
Webinar Will Offer In-Depth Look at Findings of Report on the State of the Legal Market
The legal industry’s intense talent war is driving up costs for firms, but the uptick in compensation isn’t decreasing record-high attorney turnover rates. Join Thomson Reuters and the Center on Ethics and the Legal Profession at Georgetown Law for an in-depth look at this and other findings of the 2022 Report on the State of …
Thomson Reuters Q4 2021 PMI: Strong Performance Tempered by Increasing Expenses
Last year closed with strong performance across key law firm metrics – including demand, rates, and productivity – but the positives were tempered by the intense talent war driving up compensation costs, according to the Thomson Reuters Peer Monitor Economic Index (PMI), released today. The fourth-quarter 2021 PMI, a composite index of law firm market …
Reuters Legal News Debuts Customizable News Experience
Thomson Reuters today introduced Reuters Legal News features that enable globally minded individuals and legal professionals to customize their news experience and go deeper on industry topics and subjects that are most valuable to them and their work. Reuters Legal News provides unmatched, industry-leading coverage of legal news, including deep practice area and business of law reporting. Additionally, it includes legal insights and …
