The large law firm market saw a substantial recovery in the second quarter from the economic impact of the last year, with demand for law firm services rising above pre-pandemic levels. With rates remaining high, and many overhead expenses continuing to shrink, the Thomson Reuters Peer Monitor Economic Index (PMI), a composite index of law …
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Thomson Reuters Peer Monitor Index: Historic Highs and Lows of Law Firm Market Performance
Thomson Reuters will issue the Q2 2021 Peer Monitor Economic Index (PMI) report on Aug. 9, marking the first full-year report since the COVID-19 pandemic hit. Issued quarterly since 2006, the reports explore law firm market performance using real-time data drawn from major law firms, examining drivers of law firm profitability, including rates, demand, productivity …
- August 5, 2021
- Carrie Brooker
Books for Africa and Thomson Reuters: 108 Law Libraries Delivered and Counting
This guest post was written by John Elstad, head of Content Transformation at Thomson Reuters, who shares an update on the company’s partnership with Books for Africa. Thomson Reuters has a long-standing relationship with Books for Africa as part of our ongoing commitment to access to justice and the global rule of law. Today I’m …
- August 2, 2021
- Carrie Brooker
Product Development Spotlight: Collaborating with Customers on Practical Law Dynamic Tool Set
For more than two years, a global Thomson Reuters team of product managers, legal editors, data scientists, UX professionals, software engineers and architects worked closely with customers on Practical Law Dynamic Tool Set. Following this month’s launch, Legal Current caught up with some Practical Law leaders who guided product development efforts for their perspectives on …
- July 28, 2021
- Carrie Brooker
Feature Breakout: Practical Law Dynamic Tool Set – Dynamic Search, What’s Market Analytics and Matter Maps
Practical Law Dynamic Tool Set uses AI and dynamic graphical navigation to help legal professionals work better and faster. This week Legal Current is exploring each of its five features by sharing Thomson Reuters Practical Law Product Management and Editorial team members’ perspectives on each one. Today’s deep dive focuses on three features: Dynamic Search, …
- July 22, 2021
- Carrie Brooker
Practical Law Dynamic Tool Set: Behind the Scenes with the Product Management and Editorial Teams
The Practical Law Dynamic Tool Set launch is earning positive reviews from leading industry influencers, including Above the Law Editor Joe Patrice, who noted: “My takeaway was that Practical Law has its eyes very much on the importance of delivering its content to users in the best way possible. More customization, more AI assistance, more …
- July 15, 2021
- Carrie Brooker
Practical Law Dynamic Tool Set: What’s Your Favorite Feature?
Today Thomson Reuters introduced Practical Law Dynamic Tool Set, features in Practical Law that use AI and dynamic graphical navigation to help legal professionals work better and with greater confidence. Legal professionals have long turned to Practical Law for expert, attorney-authored resources to quickly find answers they can trust. With Dynamic Tool Set, users can …
- July 12, 2021
- Carrie Brooker
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
Cryptos on the Rise: Thomson Reuters Insights on the Risk and Regulation of Crypto-Currencies
As Bitcoin, Ethereum, Dogecoin and other crypto-currencies dominate financial headlines, policymakers, regulators and financial services firms are rushing to come to terms with this new class of financial assets. While the rapid pace of digital transformation and the rise of crypto-assets have the potential to make payments and transfers more efficient, the speed and reach …
- June 29, 2021
- Carrie Brooker
Cyber Litigation: Insights on Data Breaches, Data Privacy and Digital Rights
It is often said that the law lags technology, and nowhere is this truer than in the case of the internet. Nearly three decades ago, companies began moving their business operations online and started collecting more and more sensitive data of website visitors and online consumers. As companies did so, a robust marketplace for the …
- June 23, 2021
- Kara Pederson