Today Thomson Reuters and TPG announced that they have signed a definitive agreement for TPG to acquire a majority stake in Elite from Thomson Reuters. The investment will bring resources and focus to the legal financial and practice management business, enabling law firms to digitally transform and thrive. Legal Current is sharing details about the …
Information and commentary on the business and practice of law at Thomson Reuters.
Articles
Practical Law The Journal: April Issue Out Now
Practical Law The Journal is the award-winning magazine companion to Practical Law, covering a wide range of transactional, regulatory, and litigation topics. It publishes monthly in a new digital-only format hosted on Reuters.com. Legal Current reached out to the Practical Law The Journal team to discuss what readers can look forward to in the April …
Employers & Employees Dealing With Long COVID
The CDC estimates that about 7.5% of the U.S. population may be dealing with long COVID or what is also termed long-haul COVID, post-acute COVID-19, long-term effects of COVID or chronic COVID. Because long COVID is not as well understood as COVID-19 in terms of causes, symptoms and treatment, it can be complicated for employers …
2023 State of the Corporate Law Department: Three Key Takeaways
Complying with growing global regulatory complexity represents the biggest legal threat to businesses, according to the 2023 State of the Corporate Law Department report from the Thomson Reuters Institute. The report found that 28% of global law departments cite frequency and complexity of regulatory changes as the biggest anticipated risk to their business. Legal Current …
UK Supreme Court Dockets on Westlaw: Five Key Takeaways
Thomson Reuters is providing legal professionals with more comprehensive coverage of UK courts and access to real-time updates, expert editorial case analysis, and content sets unique to Westlaw UK. Available March 22, the addition of UK Supreme Court Dockets on Westlaw will give legal researchers easier access to High Court and Supreme Court proceedings, integrated …
2023 State of the Courts Report: How Quick Check Judicial Helps the U.S. Justice System Operate More Efficiently
The U.S. court system is plagued by delays, backlogs, and workforce shortages. As CJ Lechtenberg, senior director of product management, Westlaw, explains, “Case backlogs became more prevalent with the pandemic and the state of backlogs has not improved in the past three years.” The 2023 State of the Courts Report found that courts should invest in …
International Women’s Day: Perspectives from Thomson Reuters Female Legal and Technology Leaders
In honor of International Women’s Day, Legal Current talked with Thomson Reuters female leaders with roles in the legal and technology spaces to get their perspectives on the progress made in these fields and changes still needed. For context, Thomson Reuters research in Law Firms Competing for Talent in 2022 showed women associates are among …
2023 State of the Courts Report: How Thomson Reuters Case Center Is Reducing Delays and Backlogs
U.S. courts were forced to modernize during the pandemic, but the 2023 State of the Courts Report found that continued investment in digitalization is needed to prevent that progress from eroding. The Thomson Reuters report revealed how the U.S. court system is plagued by delays, backlogs, and workforce shortages – underscoring how further modernization is urgently …
Practical Law The Journal: March Issue Out Now
Practical Law The Journal is the award-winning magazine companion to Practical Law, covering a wide range of transactional, regulatory, and litigation topics. It publishes monthly in a new digital-only format hosted on Reuters.com. Legal Current reached out to the Practical Law The Journal team to discuss what readers can look forward to in the March …
Rise of Investor-Backed Law Firms
Various states are exploring new models on who can practice law, new ownership models of law firms, and other paradigm shifts. Arizona changed its alternative business structure to allow non-lawyer ownership and investment in law firms. Scout Law Group is the first such entity to take advantage of the change. Steve German discusses why he …
