Thomson Reuters is commemorating 150 years of customer partnership and innovation to honor the 1872 founding of John B. West Publisher and Book Seller. West’s innovative spirit lives on in Westlaw – a product that still carries his name – and in the AI-driven products and legal research technology tools used by legal professionals worldwide. …
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2022 Report on the State of the Midsize Legal Market: Four Takeaways
Midsize firms are seeing a resurgence in demand growth by positioning themselves as strategic alternatives to larger firms. That’s among the findings of the 2022 Report on the State of the Midsize Legal Market from the Thomson Reuters Institute. Legal Current shares top takeaways from the report, which found competitive rates and cost structure are …
Thomson Reuters Celebrates 150 Years: Kate MacEachern on Building Justice
Thomson Reuters is commemorating 150 years of customer partnership and innovation to honor the 1872 founding of John B. West Publisher and Book Seller. West’s innovative spirit lives on in Westlaw – a product that still carries his name – and in the AI-driven products and legal research technology tools used by legal professionals worldwide. …
How Law Firms Are Changing Their Support Staffing
A lot of attention has been paid lately to lateral hiring and associate compensation, but changes are also taking place in law firm staffing. Thomson Reuters Institute recently completed its annual analysis on law firm staffing ratios. Today, we’ll talk about what the new trends are with Isaac Brooks, senior industry data analyst, and Natalie …
Thomson Reuters Introduces Westlaw Precision: 10 Key Takeaways
Thomson Reuters today introduced Westlaw Precision, designed to dramatically improve research speed and quality by enabling legal professionals to target precisely what they are looking for. In addition to precise searching, the new version of Westlaw offers five new capabilities including expanded KeyCite functionality and optimized workflow tools. Legal Current highlights 10 takeaways on Westlaw …
Australian Law Firms Continue to Grow and Outperform Global Counterparts
Despite challenging conditions, Australian law firms continue to grow and outperform their global counterparts. These are among the findings of the 2022 Australia: State of the Legal Market Report, released today by the Thomson Reuters Institute. The report found Australian law firms performed so well in fiscal year (FY) 2022 that the market may serve …
ILTACON 2022: How Sophisticated Sellers of Legal Services are Normalizing Alternative Pricing Models
A highlight of Day One of ILTACON included the Becoming a Sophisticated Seller of Legal Services – Normalizing Alternative Pricing Models panel with Bill Josten, senior manager, Enterprise Content – Legal, Thomson Reuters Institute. He was joined by Kofi Mundy-Castel, solution specialist & product owner, Fulcrum GT; Sharon Scenna, senior solutions management director, Intapp; and …
ILTACON 2022: What Legal Professionals Need to Know About Blockchains
A highlight of Day One of ILTACON included the session Blockchain – Are You Prepared for DeFi, NFTs, and DAOs? with Joe Raczynski, manager, Technical Innovation Services. The session provided a blockchain overview and explored cryptocurrencies, smart contracts, decentralized finance, and non-fungible tokens (NFTs). Legal Current had the opportunity to talk with Raczynski after his …
Thomson Reuters Celebrates 150 Years: Three Essentials for Customer Partnership and Innovation
As Thomson Reuters commemorates a century and a half of partnering with and innovating for legal professionals, Legal Current explores the legacy John B. West bestowed on the company. When John B. West Publisher and Book Seller was founded in 1872, it marked the first iteration of what later become West Publishing Company, and eventually, …
Thomson Reuters Celebrates 150 Years: 10 Recent Innovation Milestones
Thomson Reuters is marking a century and a half of customer partnership and innovation since the founding of John B. West Publisher and Book Seller in 1872. After revisiting the company’s innovation milestones from 1872 to 1998, today Legal Current features innovative highlights from 2000 to the present. 2000 – Westlaw UK launch marks globalization of …