A team from University of Missouri-Kansas City Law School has won the Thomson Reuters Legal Design Challenge. Thomson Reuters recently challenged some bright, tech-forward students to develop ideas for the next generation of legal technology products. Students from five different law schools worked in an intensive one-day event to develop proposals to expand the capabilities …
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Aspire to Lead Conference on Leadership in Companies & Communities
The Aspire to Lead Conference was recently held in Minneapolis. Hundreds of women and men from around the region met for a day full of speakers and networking to empower women to take more active leadership roles in their careers, communities and day-to-day lives. Matt Wallaert is a behavioral scientist working at the intersection of technology …
- November 16, 2016
- Leonard Lee
Peer Monitor Index Holds Steady in Q3
Cross-currents buffeted the large law firm market in the third quarter. Firms saw the highest rate growth in two years, but also suffered the second consecutive quarterly decline in demand. The result was that the Peer Monitor Index held steady at 48 for the quarter. Rates have been rising steadily all year. In the third …
- November 7, 2016
- Leonard Lee
Who Owns Your Selfies When You Die?
Do you store your family pictures and videos in the Cloud? Would your family be able to access those files if you passed away? Federal and state governments are scrambling to update estate laws to protect all your selfies and family cat videos against legal fights that could develop over rights to digital assets. Tyler …
- November 3, 2016
- Leonard Lee
Law School Students Challenged to Help Design Next Generation of Legal Technology Products
Since I started working with the Thomson Reuters law school business, I have been struck by the diversity of ideas and fresh solutions coming from students, faculty, clinical professors and other leaders, including a genuine curiosity for how to use technology to advance the practice of law. That’s why I was so excited when our …
- November 2, 2016
- Leonard Lee
Top IT Priorities for Law Firm COOs & CFOs
Balancing technology needs with budget realities can be tricky. Seventy percent of attendees surveyed at the 15th Annual Law Firm COO-CFO Forum produced by the Legal Executive Institute said they consider technology to be a strategic differentiator for their firm. But most also agreed on the importance of prioritizing and the need to sort out …
- October 31, 2016
- Leonard Lee
Three Best Ways to Hack a Law Firm – CFO-COO Forum Session
“There are many different ways bad people can get to your data. You should be concerned about it and you should do something about it.” That’s the assessment of Nicholas Barone, Director, Consulting Services Group, Eisner Amper LLP, speaking on a cybersecurity panel at the 15th annual Law Firm COO & CFO Forum in …
- October 28, 2016
- Leonard Lee
How the Tour de France Got Me Even More Hooked on Technology
“Technology cannot forget the importance of the humanity that interacts, uses, and creates it.” One never knows where inspiration will strike or what will spark a lifelong passion. As chief technology officer, Lisa Schlosser has always had an appreciation and passion for technology. But as she attends the Grace Hopper Celebration of Women in Computing …
- October 21, 2016
- Leonard Lee
Thomson Reuters to Discuss Innovative New Diversity Initiatives at 2016 Grace Hopper Celebration of Women in Computing
The world’s largest gathering of women technologists gets underway in Houston today. The Grace Hopper Celebration of Women in Computing will draw more than 15,000 people from over 80 countries for discussions, presentations and networking to increase the role of women in technology in industry, government and academia. A broad contingent of Thomson Reuters people …
- October 19, 2016
- Leonard Lee
Are Firms Trimming Rates for More Business? Lower Rates May Lead to Higher Demand & Revenues, Says Peer Monitor Report
A new report from Thomson Reuters Peer Monitor finds that large law firms willing to accept smaller rate increases are on average experiencing higher demand and revenue growth. For many years, annual rate increases have been seen as a reliable means for firms to grow their revenues. But in an increasingly flat market in demand …
- October 18, 2016
- Leonard Lee