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. …
Information and commentary on the business and practice of law at Thomson Reuters.
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A Message to Customers Affected by Hurricane Ian
Dear friends, We are saddened and concerned as we watch Hurricane Ian make landfall in Florida with damaging winds and rains. Please know that at Thomson Reuters, we are deeply concerned about everyone in the path of this dangerous storm. We hope that you remain safe and can recover quickly from the effects of the …
- September 28, 2022
- Carrie Brooker
Thomson Reuters Celebrates 150 Years: Jon Meyer on Shaping the Law of Tomorrow
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. …
- September 26, 2022
- Carrie Brooker
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 …
- September 22, 2022
- Carrie Brooker
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. …
- September 19, 2022
- Carrie Brooker
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 …
- September 16, 2022
- Leonard Lee
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 …
- September 14, 2022
- Carrie Brooker
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 …
- August 29, 2022
- Carrie Brooker
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 …
- August 26, 2022
- Carrie Brooker
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 …
- August 23, 2022
- Carrie Brooker