Tuesday 11th Mar 2014
The maker of 5 Hour Energy is under investigation by attorneys general in Oregon and other states because of reports of consumer health problems. But the real battle may be over the popular energy shots’ proprietary formula, which the company is refusing to turn over to investigators. Eric Hagen with McDermott Will & Emery discusses the ...
Friday 7th Mar 2014
The youngest ever elected president of the Supreme Court of Chile, Sergio Manuel Muñoz Gajardo, recently braved the frigid Minnesota temperatures to visit the Thomson Reuters Eagan campus. The Honorable Judge Muñoz was on a U.S. tour, visiting a number of world-class organizations, and specifically requested a visit to Thomson Reuters. His motivation for visiting the U.S. ...
Tuesday 4th Mar 2014
A late winter storm may have shut down Washington, D.C. yesterday, but the National Press Club was abuzz this morning when Thomson Reuters and the International Centre for Missing & Exploited Children (ICMEC) released a new report from the Digital Economy Task Force (DETF) outlining opportunities and risks around the emerging digital economy. DETF co-chairs ...
Monday 3rd Mar 2014
This article was written by Eric Laughlin, managing director of the Corporate Counsel segment at Thomson Reuters, and was featured on Metropolitan Corporate Counsel online. Everyone has the same 24-hour day, but the demands placed on that time are higher than ever before, especially for legal departments. To manage the pressure, legal departments now are implementing ...
Wednesday 26th Feb 2014
Does this sound familiar? “Make sure my website content makes me sound important to potential clients.” How about this? “I want my site to look like this other firm’s site.” Or what about this? “People need to know that we’re a serious law firm.” Every day, attorneys across the country give these kinds of directions ...
Tuesday 25th Feb 2014
The Thomson Reuters Peer Monitor Economic Index fell 3 points to 52 in the fourth quarter. Demand for legal services was down 0.6 percent. For the year, demand was down 0.7 percent as the law firm market suffered its first down year since 2010. Law firms are struggling to maintain market share as clients bring more work ...
Wednesday 19th Feb 2014
Everything seems to be moving faster than ever. And the pace of change for public laws continues to increase as the government tries to keep up. According to WestlawNext, more than 100,000 new or changed statutes, 160,000 new or modified regulations, and over 285,000 new judicial opinions were incorporated into the body of United States law ...
Friday 14th Feb 2014
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 ...
Wednesday 12th Feb 2014
Legal Current caught up with Ari Kaplan, professional services advisor and author (The Opportunity Maker: Strategies for Inspiring your Legal Career and Reinventing Professional Services: Building Your Business in the Digital Marketplace), about his panel at LegalTech New York and the trends and issues he has uncovered in his annual survey of corporate counsel. Check ...
Tuesday 11th Feb 2014
Why don’t law firms do R&D? It’s a question that Daniel Martin Katz of Michigan State’s Reinvent Law Laboratory has asked in a number of presentations, articles, and interviews, including one at Insight Labs: Recalulate the Future of Law. As Katz notes, that may be the wrong question, because the industry does have an R&D wing; ...
Tuesday 11th Feb 2014
After a couple of days at LegalTech a few themes emerged. First, there was the overall nature of the show; Inside Legal had a day-one summary that broke down the vendors in the exhibit hall as follows: eDiscovery vendors 38% Cloud vendors (only touting cloud solutions) 3% Big data (companies marketing big data-type solutions) 5% Information governance ...
Friday 7th Feb 2014
This post was written by Craig Larson, senior director of Product Development at Thomson Reuters As LegalTech 2014 wraps up I thought I would share some highlights (and weather-related lowlights). Things Have Changed The Thomson Reuters event featuring Robert S. Mueller III was one of the best sessions I have attended over the many years ...
Friday 7th Feb 2014
Wednesday night, I attended the LegalTech New York viewing of Terms and Conditions May Apply, and I was blown away. I try to be a smart consumer, and I am a protective parent. But after watching this film I wondered if my children and I had traded a little too much privacy for some of ...
