Most small law firms continue to face challenges acquiring new clients and are spending too much time on administrative tasks, providing opportunities for competitors who are willing to explore innovative new delivery models and productivity-enhancing technologies. These are among the findings of Thomson Reuters 2020 State of U.S. Small Law Firms report, which interviewed more …
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Legal Department Operations Index Reveals Staffing, Technology Changes Due to COVID-19
Findings of the latest Thomson Reuters Legal Department Operations (LDO) Index reveal 81% of legal departments surveyed have dedicated legal operations staff, up from 57%. It’s the first time the survey – now in its fifth edition – has seen a significant shift in how legal departments are operating. The report showed legal departments’ use of …
ILTA>ON 2020: #CreatingTheFutureTogether
On Day 5 of ILTA>ON, sessions will focus on C-Suite/future-focused themes as well as business and legal process improvement. Two Thomson Reuters speakers will share their expertise and insights: Brent Turner from Thomson Reuters Peer Monitor and Joe Raczynski, manager of Technical Client Management. Many innovative law firms are moving to complement the traditional legal …
ILTA>ON 2020: Insights on AI, Innovation and the Future
In the final two days of ILTA>ON, four Thomson Reuters speakers will share their expertise. Thursday’s ILTA>ON sessions look at technology adoption, artificial intelligence, applications and finance/information governance. First up from Thomson Reuters is Ask the Expert: Creating an AI-First Mentality, a session from two Thomson Reuters Labs Canada colleagues: Stephanie Hurtado, innovation lead, and …
ILTA>ON 2020: Six Predictions From Richard Punt’s Keynote
Among the highlights of today’s ILTA>ON sessions was the keynote address delivered by Richard Punt, managing director of Legal Strategy and Market Development for Thomson Reuters. In his speech, After the Quake: Predictions for an Uncertain Legal Future, he explored the longer-term implications of the past few months for a legal market already in flux …
ILTA>ON 2020: Keynote Address from Richard Punt
On Day 3 of ILTA>ON, the spotlight will be on Richard Punt, managing director of Legal Strategy and Market Development for Thomson Reuters, who will deliver the keynote address, After the Quake: Predictions for an Uncertain Legal Future. Punt’s address will explore the longer-term implications of the past few months for a legal market already …
ILTA>ON 2020: Join Thomson Reuters for Day 1
It’s opening day for ILTA>ON, the virtual version of the International Legal Technology Association’s annual ILTACON conference, and Thomson Reuters will be connecting with attendees – those working in technology within law firms, legal departments and G100 firms – all week long. The virtual version of one of the world’s largest legal technology conferences spans …
Aug. 25 Fireside Chat: Thomson Reuters Insights on Women’s Advancement in the Workplace
Thomson Reuters leaders identified a problem almost a decade ago: there were too few women in the technology practice and of the women that were there, even fewer held leadership positions. To address the issue, Thomson Reuters partnered with organizations like AnitaB.org, formerly known as the Anita Borg Institute, and sought the advice of Susan Davis-Ali, …
Law Enforcement Anti-Bias Programs: Perspectives and Support from Thomson Reuters
This week the National Law Enforcement Memorial and Museum hosted a panel of thought leaders from law enforcement and civic organizations to discuss the evolution and challenges of anti-bias programs, as well as solutions for meeting the need for enhanced training regimens in police academies. Sharon Sayles-Belton, Thomson Reuters vice president of Partnerships and Alliances, …
Demand for Law Firm Services Endures Largest Quarterly Drop Since 2009: Peer Monitor Index
The Q2 2020 Thomson Reuters Peer Monitor Economic Index (PMI) report showed the large law firm market struggled in the second quarter as a result of stay-at-home orders, court closures and broader economic slowdowns. The PMI dropped by six points to 51, with demand for law firm services enduring its largest quarterly drop since 2009, …
