While 2020 brought unprecedented challenges for law firms, history may look back and see the year as a “tipping point” that accelerated significant changes in the law firm market. The 2021 Report on the State of the Legal Market from the Center on Ethics and the Legal Profession at Georgetown University Law Center and the …
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Remote Hearings & the Future of Global Arbitration
The COVID-19 pandemic has not only affected in-person court hearings, but has similarly affected the arbitration world as well. In-person arbitration hearings are now difficult to hold, owing to travel restrictions and the difficulty in safely conducting face-to-face hearings. The arbitration world is rapidly adapting. The Arbitration Institute of the Stockholm Chamber of Commerce, one …
- January 7, 2021
- Leonard Lee
Global Lawyer Hackathon Addresses Climate Change
Hundreds of lawyers around the world are participating in a unique global “hackathon” to create new contracts and model laws to help fight climate change. The Chancery Lane Project aims to create legal frameworks to enable and encourage businesses and communities to have a positive impact on the environment, and envisions a world where every …
- November 3, 2020
- Leonard Lee
Small Law Firms Find Challenges, Opportunities in Current Market – 2020 State of the US Small Law Firms Report
Small law firms have had to endure not only the impact of the COVID-19 pandemic on the legal market, but also the additional challenges of being a small business during the current conditions. The 2020 State of the U.S. Small Law Firms Report looks at how small firms are faring against the recent challenges. Mark …
- October 27, 2020
- Leonard Lee
Top Performing Firms Invest in Brand Development, Operational Efficiencies
What separates the top-performing law firms from the rest of the pack? A new study looks at some of the differences. The 2020 Dynamic Law Firms Report from Thomson Reuters Institute, Peer Monitor and Acritas, part of Thomson Reuters, looked at the top quartile of law firms, as measured by overall firm profits, revenue per …
- October 22, 2020
- Leonard Lee
COVID-19 & “Business Divorces”
The tremendous disruptions caused by COVID-19 may introduce a new term to the business lexicon: business divorce. Many privately-held and family-owned businesses may not have anticipated the kind of business and personal stressors being brought on by the pandemic. Lee Weinberg of Weinberg Gonser LLP discusses how “business divorces” may surge because of the COVID-19 …
- September 22, 2020
- Leonard Lee
Challenges & Opportunities for the Canadian Legal Market: Podcast & Infographic
When the year began, 2020 had been expected to be a growth year for the Canadian legal market. Now the outlook has changed to one of uncertainty. But legal needs remain, and law firms and corporate legal departments still need to meet those needs, and therein remains potential opportunities. Thomson Reuters is offering the new 2020 …
- August 25, 2020
- Leonard Lee
What’s New in Thomson Reuters HighQ 5.4
One of HighQ’s strengths is its versatility in solving a myriad of problems that law firms and legal departments deal with. That has taken another leap forward with the introduction of HighQ 5.4. Stuart Barr, Chief Product & Strategy Officer, discusses the innovations in version 5.4, including seamless integration with Contract Express, allowing more powerful …
- August 20, 2020
- Leonard Lee
Thomson Reuters HighQ Announces Version 5.4
Thomson Reuters HighQ today rolled out version 5.4 of its cloud-based productivity solution. The new version seamlessly integrates Contact Express into a single solution, allowing more powerful document automation. Contract Express templates can be used to generate and store documents natively within HighQ, enabling the user to integrate and establish workflows, collaborate, co-author, and utilize …
- August 18, 2020
- Leonard Lee
Continual Innovation at HighQ – Interview with Stuart Barr, Chief Product & Strategy Officer
Legal technology is advancing at lightning speed these days, and HighQ is no exception. The innovative cloud-based platform is continually bringing new innovations to the legal industry. Stuart Barr, chief product and strategy officer, discusses the some of the advances HighQ has introduced recently. To listen, click on the built-in audio player below (Or to …
- August 17, 2020
- Leonard Lee