The last several years have altered the economic landscape for law firms – some for the better, but many have not been so fortunate. And some firms likely have had to face the difficult decision whether or not to part ways with a partner that is no longer profitable for the firm. A recent panel …
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7 Reasons the World Will Be Sustainable – A Multimedia Feature
Sustainability is a critical goal, but the question becomes: How do we get there? Thomson Reuters released a multimedia feature entitled, ‘7 Reasons the World Will be Sustainable,’ which examines the conflux of drivers that will enable sustainability globally, including transparency, catastrophe, science & innovation as well as the role of heroes, regulators, investors and …
- October 30, 2015
- Jeff McCoy
ACCAM15 – Start-up? Avoid the Top Legal Mistakes
Legal representation within start-ups, where risk can be widespread, is usually scarce at best. A panel at the Association of Corporate Counsel annual conference discussed the top legal mistakes made when starting a business, and provided tips and suggestions to avoid those. The panel, moderated by Barbara Harris, senior legal editor of Practical Law, a …
- October 26, 2015
- Jeff McCoy
ACCAM15 – Themes from the Floor
The show floor at the Association of Corporate Counsel annual meeting is always full of activity, networking, and the occasional celebrity. But most important are the conversations with key clients and colleagues. Susan Feingold, head of Law Department Service at Practical Law, a Thomson Reuters business, spoke with Legal Current from the floor discussing the …
- October 26, 2015
- Jeff McCoy
ACCAM15 – Similarities and Differences: In-house Counsel and Chief Compliance Officer
There are many differences between the roles of in-house counsel and chief compliance officer, but for the majority of in-house counsel, you can almost guarantee some lost sleep from worrying about compliance. At the Association of Corporate Counsel annual meeting, a session titled “Role and Responsibility of the Chief Compliance Officer” discussed many of the …
- October 21, 2015
- Jeff McCoy
ACCAM 15 – Reputation or Regulatory Compliance? Structuring an Ethical Supply Chain
Numerous high-profile examples of supply chain mismanagement continue to keep the issue front of mind for businesses, regulators and consumers. As countries and government organizations introduce regulations to mitigate unacceptable practices, should the focus from companies be on complying with regulations or reputation management? Steve McDonald, head of Market Development for Thomson Reuters Risk Management …
- October 21, 2015
- Jeff McCoy
ACCAM15 – Connected Data and You
Are you connected? How connected are you? Some people may think they are not that connected to the internet, but for the most part, everyone is wired – and more than most of us may think. According to Wikipedia, the Internet of Things (IoT) is the network of physical objects or “things” embedded with electronics, …
- October 20, 2015
- Jeff McCoy
ACCAM15 – Maximize the value of your legal department
The Association of Corporate Counsel annual conference is underway in Boston. Legal department professionals from across the globe have gathered to network and learn new methods to maximize the value of their legal department. Thomson Reuters is working to help in-house legal professionals answer the call to do more with less, from contract negotiations to …
- October 19, 2015
- Jeff McCoy
Anatomy of a Decision: Enterprise Legal Management
As legal departments face mounting pressures to reduce their legal spend, manage costs and demonstrate value to the organization, enterprise legal management (ELM) systems are more and more in the fore as a key player to address those challenges. Blue Hill Research recently produced an “Anatomy of a Decision” report titled Selection of Thomson Reuters …
- October 5, 2015
- Jeff McCoy
Driving Growth and Strengthening Customer Relationships, a Case Study
Law firms know that the legal landscape and their clients’ needs continue to evolve, but many firms still may be challenged in their own evolution to meet those needs and grow their business. Procopio, Cory, Hargreaves & Savitch LLP, one of California’s largest business firms, employs the tools and technology today to not only advance …
- September 21, 2015
- Jeff McCoy