President Trump signed more executive orders in his first 100 days in office than any US President since World War II. Ronald D. Rotunda, a U.S. legal scholar and professor of law at Chapman University School of Law, discusses the history of Presidential executive orders. To listen click here (or to download and listen later, …
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Large Law Firm Demand Slows in Q3 – Peer Monitor
The large law firm market slowed again in the third quarter, as declining demand more than offset higher rates, according to the (PMI). The PMI, which measures the relative health of the U.S. large law firm market, fell one point to 49. Demand for the large law firm market fell a sharp 1.9 percent — …
- November 6, 2017
- Leonard Lee
Do Corporate Boards Need More Millennial Directors?
Aging corporate boards are getting lessons on how to foster the next generation of directors. Younger directors remain rare but they’re increasingly in demand for their skills and perspectives on topics such as cybersecurity, e-commerce and marketing to millennials. They can also bring diversity to otherwise “pale, male and stale” boardrooms. The next generation of …
- October 31, 2017
- Leonard Lee
Thomson Reuters named the strongest brand in Acritas’ first Global Alternative Legal Brand Index
Thomson Reuters has been named the top brand in an exciting new index that is the industry’s first to focus on the innovative practices that are enabling legal professionals to more efficiently organize and conduct their work.
Acritas, a leading legal market research company, has published its inaugural Global Alternative Legal Brand Index to reflect the increasing diversity of legal services providers that in-house departments can turn to today. The results are based on the views and opinions of many hundreds of senior legal professionals representing some of the world’s largest companies.
These in-house counsel were asked to name organizations providing legal services, excluding law firms, which first come to mind, along with those they most favored. They were also asked which providers they saw as driving innovation in the market.
Thomson Reuters was cited three times more than the next closest provider for its innovative practices and was named as the most favored provider overall, primarily driven by its use of technology.
While Thomson Reuters earned mentions across multiple areas for its innovation, four areas of business underpinned this recognition: Carswell Legal Solutions, Westlaw, Practical Law and Thomson Reuters Legal Managed Services. These reflect the broader survey findings that clients are adopting technology for accessing legal know-how and organizing work; using flexible resources to handle fluctuating work volumes; and seeking specialized expertise to provide business-ready solutions.
About Acritas and the Index
Acritas has published the highly-regarded Global Elite Law Firm Brand Index annually for the last eight years. The new Global Alternative Legal Brand Index is compiled from analysis of data derived from more than 600 telephone interviews with in-house counsel who have senior responsibility for buying legal services, representing $1 billion+ revenue organizations around the world.
A brief video in which Thomson Reuters Legal President Susan Taylor Martin sits down with Acritas CEO Lisa Hart Shepherd to discuss the new Global Alternative Legal Brand Index, the role of technology in innovation, and the Thomson Reuters approach to customer-focused solutions can be viewed here: https://youtu.be/4XbU3q1q9p4
You can also view the official announcement from Acritas and media coverage in the American Lawyer.
- October 23, 2017
Dangers of Public Wi-Fi
Free wi-fi is widely available and tempting to use, especially when traveling. Hotels, airports, coffee shops, even NYC subway stations provide it. But the dangers of public wi-fi are many-fold. Not only are they hunting grounds for hackers, but a new report from security firm FireEye claims a Russian hacker group known as APT28, or …
- October 9, 2017
- Leonard Lee
Emoji Law: The Evils of Emojis
Emojis are cute, fun…and can get you in a whole lot of legal trouble. “Emoji law” is increasingly a factor in e-discovery, particularly in labor and employment cases such as sexual harassment and discrimination. Jay Holland, chair of labor and employment at Joseph Greenwald, says it has gotten to the point where employment attorneys should …
- October 5, 2017
- Leonard Lee
Improving Diversity & Inclusion in the Legal Profession – Interview with NAMWOLF CEO Joel Stern
The National Association of Minority & Women Owned Law Firms is now in its 16th year helping corporations and public entities diversify their outside law firm ranks. NAMWOLF is comprised of AV-rated firms across the nation whom NAMWOLF assists in developing strategic alliances, coalitions, and affiliations with corporations, in-house counsel, and other legal trade associations. …
- October 3, 2017
- Leonard Lee
Is the Supreme Court Going After the Federal Circuit Courts?
As the U.S. Supreme Court prepares to open its 2017-2018 term, all eyes will on the docket to see which cases the high court decides to take up. In recent years, the Court has been taking an increased focus on IP cases. Wayne Stacy of Baker Botts says his analysis reveals that this is part …
- September 28, 2017
- Leonard Lee
Hurricanes & Disaster Recovery Legal Issues for Businesses
Hurricanes Harvey and Irma have produced numerous fatalities and billions of dollars in property damage. As devastated areas move into recovery mode, numerous legal issues will arise for impacted businesses. Rachel Steely of Gardere Wynne Sewell in Houston discusses what businesses need to keep in mind as they recover from the aftermath of storms and …
- September 7, 2017
- Leonard Lee
Highly Successful Law Firms Have Greater Business Development, Marketing and Technology Focus
Some law firms have been able to notably outperform their peers even though the overall large law firm market is experiencing flat to little growth. A new report from the Thomson Reuters Legal Executive Institute suggests that investments in areas such as business development, marketing and technology may be a key factor defining the higher-performing …
- September 6, 2017
- Leonard Lee