The Q1 2020 Thomson Reuters Peer Monitor Economic Index (PMI) report, found the large law firm market saw strong growth in demand and rates in the first quarter, setting a robust foundation at the onset of the COVID-19 outbreak. It’s important to note that the bulk of the social and economic impact of the outbreak …
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Corporate Law Departments Turn to Technology to Mitigate Risk, Control Costs and Address Changing Business Needs
Corporate law departments are expected to meet growing demands for in-house legal professionals’ time, while cutting departmental spending and confronting changes in legal technology and process innovation. These are among the findings of the 2020 State of the Corporate Law Departments Report released today by Thomson Reuters. While the COVID-19 pandemic has affected corporate law departments, …
Disaster Fraud Insights: Q&A with Jim Dinkins
When disasters hit, the impact can take its toll on individuals, communities, businesses and much more. In the midst of a disaster or shortly thereafter, people, businesses and governments are focused on moving forward. And disaster fraud, a type of financial crime that typically occurs after a catastrophe, is typically not at the forefront of …
Thomson Reuters Shines in The National Law Journal & Corporate Counsel 2020 “Best Of” Surveys
Thomson Reuters Shines in The National Law Journal & Corporate Counsel 2020 “Best Of” Surveys Thomson Reuters products and services earned accolades in multiple categories in The National Law Journal and Corporate Counsel 2020 “Best Of” surveys. The publications’ readers honored Thomson Reuters offerings for both Legal and Corporate customers. Below is the recognition from …
Podcast Insights: Staying Connected While Social Distancing
Podcasts are among the ways legal professionals are staying connecting now that most are working from home. This week, three Thomson Reuters leaders shared their insights in separate podcast interviews. Neil Sternthal, head of Large Law and Canada, spoke with Greg Lambert, chief knowledge services officer at Jackson Walker and 3 Geeks and a Law …
Thomson Reuters Resource Center: Staying Current on COVID-19
As the global spread of coronavirus (COVID-19) continues, our main objective at Thomson Reuters is to support customers and their businesses. As part of this commitment, Thomson Reuters developed a COVID-19 resource center earlier this week to help navigate this complicated and fast-changing environment. It includes several free resources, created and curated by Thomson Reuters …
Competition Growing in UK Legal Market: New Entrants and US Firms Pursue Market Share
The UK legal market has a good track record of growth, with revenues up again in 2018-19. Yet the market faces rising competition from U.S. law firms and alternative legal service providers, including the Big 4 consulting firms. These are among the conclusions of a new 2020 State of the Legal Market in the UK …
Focusing Product Development Around Customers’ Needs
At Thomson Reuters, product development is driven by working closely with customers to meet their evolving needs through the application of innovative technology. The 2020 launches of Legal Data APIs, Legislative Insights on Westlaw Edge and Practical Law Global underscore our commitment to helping our customers better serve their clients. The introduction of Thomson Reuters …
Using Artificial Intelligence to Fight Financial Crimes
Amid an explosion of global financial data, combatting financial crimes and managing highly regulated transactions has become increasingly complicated. Earlier this month, a panel at LegalWeek 2020 focused on these complexities, exploring anti-money laundering (AML) trends as well as the state of legal artificial intelligence (AI) solutions in AML compliance and screening. Joseph Raczynski, a …
Practical Law Global: Navigating Expansion Opportunities and Challenges
As businesses of all sizes expand their global footprint, they discover opportunities for growth in new markets as well as the challenges of cross-border legal issues. To help legal professionals effectively manage global practice and procedure, Thomson Reuters has introduced Practical Law Global. Practical Law Global puts all Practical Law content globally into a single …
