Cryptocurrencies such as bitcoin, ethereum and dogecoin saw a record $9.3 billion inflow in 2021. Governments and regulatory bodies are racing to keep up with the explosion of cryptocurrencies, marketplaces and exchanges, and other digital assets such as NFTs. Thomson Reuters is hosting a two-day conference discussing risks and rewards for the global crypto community. …
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The Impact of COVID on Sports
Get your brackets out! For the first time in three years, March Madness, as we’re used to seeing it, is back. NCAA, NFL, NBA, MLB, NHL and the Olympics all navigated their way through the pandemic through a combination of delays, bubbles, cancelled games, and various COVID protocols. Will any of this have lasting effects …
- March 18, 2022
- Leonard Lee
Osborne Clarke Powering Its Global Digital Transformation With 3E Cloud Care
As Osborne Clarke moves swiftly to digitally unify its future-focused international legal practice of more than 925 lawyers across 25 worldwide locations, it is adopting Thomson Reuters 3E Cloud and 3E Cloud Care to provide global enterprise business management. “The investment in 3E demonstrates our commitment to a cloud-first IT strategy that provides our people …
- October 28, 2021
- Leonard Lee
Discussing the Outlook for the Legal Industry
The legal industry continues to rebound from the effects of the pandemic, but much uncertainty still remains. The Thomson Reuters Peer Monitor Index hit a record high in the second quarter as demand returned to pre-pandemic levels or higher, and law firm profitability soared. But questions about the direction of the economy and global trade …
- October 7, 2021
- Leonard Lee
One Year After the George Floyd Killing – Community Rebuilding & Police Reform
The events last summer following the killing of George Floyd by Minneapolis police shook the city of Minneapolis to its core. Days of riots and unrest destroyed scores of business, particularly in the Lake Street area, where rebuilding is still taking place. Many parts of the community have pulled together to assist with the rebuilding …
- October 4, 2021
- Leonard Lee
Sports Law Roundup on the NCAA and Name, Image & Likeness Rights
College sports and the legal system seem to be inexorably linked this summer as substantive legal changes reform how student-athletes may profit off their rights of publicity. The Supreme Court, Congress, and state governments have all recently turned attention to NCAA amateurism rules. July 1 will see several states allow athletes to profit off their …
- June 30, 2021
- Leonard Lee
Law Firm Market Continues to Recover: Q1 Peer Monitor Index
The law firm market continues to show encouraging signs as it recovers from the effects of the COVID-19 pandemic. The Thomson Reuters Peer Monitor Economic Index found that demand for legal services dipped slightly in Q1, falling 1.0%. However, that was in comparison against Q1 2020 which was a strong quarter prior to the economic …
- May 10, 2021
- Leonard Lee
Do Midsize Firms Have a Competitive Advantage? 2021 Report on the State of the Midsize Legal Market
Midsize firms may possess competitive advantages as the legal market emerges from the disruptions caused by the global pandemic. The 2021 Report on the State of the Midsize Legal Market from the Thomson Reuters Institute looks at how midsize firms weathered the challenges of 2020, and the opportunities that may lie ahead. Midsize firms proved …
- April 7, 2021
- Leonard Lee
Latest Insights on the Legal Profession from Legal Geek & Thomson Reuters
The pace of change in the legal industry is accelerating, and Legal Geek and Thomson Reuters will explore several aspects in a series of live Interactive workshops, facilitated breakouts and a thought leadership session. The free online event will be March 10 beginning at 9am ET (1500 GMT). Sessions will explore: COVID-19 – Catalyst for …
- March 1, 2021
- Leonard Lee
Cost Cuts, Higher Rates Drive Peer Monitor Index Higher
Law firms finished 2020 on an optimistic note. Weakness in demand moderated, rates remained high, and firms were able to reduce several key costs. As a result, the Thomson Reuters Peer Monitor Index (PMI), which measures key law firm performance indicators hit a near-record high in the fourth quarter of 2020. Demand for law firm …
- February 2, 2021
- Leonard Lee