In this guest post, Patrick Hurley, vice president of Global Implementation at Thomson Reuters Elite, reflects on his recent presentation at the LawTech Futures 2014 conference in London, England. LawTech Futures grows bigger, more varied, more interesting and more inspirational every year I attend…and this year was no exception. Despite arriving in the UK that morning from …
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FTSE 100 companies’ legal liabilities jump by 12 percent in 2013
Recent analysis by Thomson Reuters concludes that the legal liabilities reported by FTSE 100 companies climbed 12 percent in 2013 to £24.6bn ($42bn) up from £22.1bn ($37bn) in the previous year. This increase has been driven by a sharp jump in legal provisions in the banking industry, with legal costs for banks rising by 44 percent …
Extradition requests from the US almost double in a year
There has been an almost doubling in the number of arrests in the United Kingdom of individuals for extradition to the United States over the last 12 months, says Sweet & Maxwell, the legal information provider and part of Thomson Reuters. According to data provided to Sweet & Maxwell by the UK’s Home Office, 22 …
Thomson Reuters welcomes OFT clearance of Practical Law Company deal
Thomson Reuters today announced that it has received formal clearance from the Office of Fair Trading (“OFT”) for its completed acquisition of Practical Law Company. The acquisition brings together the world class legal information and tools of Thomson Reuters with Practical Law Company’s expert authored know-how resources. Regulatory clearance in the UK means the “hold …
Legal liabilities soar 22% for UK’s leading companies
The legal liabilities reported by UK-based companies listed on the FTSE 100 index jumped by 22% in 2012 to £22.1 billion, up from £18.2 billion in the previous year, according to an analysis by Thomson Reuters Sweet & Maxwell business. The increase in legal liabilities has been driven by businesses facing far more aggressive fines …
Latest mobile solution inspired by needs of commercial and in-house lawyers
The new solution, Global Business Law, is a native iPad® app that will connect practitioners to the law in 160 countries and in 46 different practice areas. Its creation was inspired by the needs of lawyers working in commercial law, or in international corporations, who spend time on transactions with a cross-border element for which …
Thomson Reuters Foundation hosts first annual TrustLaw Awards
Thomson Reuters Foundation, the charitable arm of the world’s leading source of intelligent information for businesses and professionals, today announced the winners of the first annual TrustLaw Awards. These are held in recognition of the best TrustLaw pro bono projects undertaken jointly by the legal profession, NGOs or social entrepreneurs in three categories; impact, innovation …
Women in the Law & Judiciary event in Dubai underscores importance of women practitioners in UAE law
The Dubai International Financial Centre (DIFC) Courts and the region’s leading legal research experts, Thomson Reuters Westlaw Gulf, held the first “Women in the Law & Judiciary” panel discussion in the region this week. “Attracting and retaining women in the legal profession is a key challenge. This event offers an invaluable platform for some of the …
