This post was guest written by Tim Radaich, senior director of Medium Law Firm marketing at Thomson Reuters We often think of large law firms as the ones that lead the industry, and in many ways, they do. However, it is arguably midsized law firms that have proved the most nimble and responsive as the …
Information and commentary on the business and practice of law at Thomson Reuters.
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Importance of managing to key performance metrics
This post was guest written by Scott Norby, regional sales manager for Thomson Reuters ProLaw Whether you work for a mid-sized or large law firm, you’re not immune to the changes that are occurring in the legal industry. Stiffer competition, demanding clients, and limited budgets continue to drive the need for improved reporting metrics. Measuring …
- May 19, 2014
- Susan Martin
SuperConference: Defining work projects to leverage external legal resources
At Inside Counsel’s SuperConference last week, a packed room engaged with a panel to discuss the multitude of options available for law departments to help maximize resources, be more cost-efficient, implement effective technologies, and leverage alternative service providers. The session was moderated by Jay Felton, a partner at Lathrop & Gage LLP. His fellow panelists …
- May 19, 2014
- Jeff McCoy
Association of Legal Administrators conference this week in Toronto
I am at the annual Association of Legal Administrators (ALA) conference this week. Perhaps most interesting, Thomson Reuters is participating in a special exhibit that makes a compelling and well-researched case for what the Law Office of the Future might look like: highly technical, perfectly collaborative and somehow cozy and roomy at the same time. We’re thrilled to …
- May 19, 2014
- Gretchen DeSutter
Inside Counsel on the 2014 SuperConference
Inside Counsel Managing Editor Rich Steeves spoke with Legal Current recapping the 2014 SuperConference and what readers can look forward to for the remainder of the year. Steeves also highlighted the upcoming Women, Influence & Power in Law (WIPL) conference that will be held in September. Visit the site to learn more and engage through …
- May 16, 2014
- Jeff McCoy
Expanded M&A capabilities for Business Law Center on WestlawNext
In conducting proper due diligence in an M&A deal, information is key. Business Law Center on WestlawNext recently expanded both its coverage and functionality to broaden users’ reach in monitoring or researching deal activity. Deal coverage in Business Law Center has been nearly doubled, now totaling more than 900,000 deals dating back to 1975. The expanded …
- May 15, 2014
- Susan Martin
Podcast: Managing Millennials
Do so-called “Millennials” have different career expectations? Do law firms have to make adjustments in how they manage today’s associates? Or do the associates need to adjust their expectations? In the podcast linked below, Patricia Trendacosta, managing shareholder at Frandzel Robins Bloom & Csato, discusses her experience in managing today’s crop of associates to find what’s …
- May 14, 2014
- Susan Martin
Strengthening the role of the general counsel
Any lawyer can mark up contracts. That was a statement made at the 14th annual SuperConference to emphasize the additional skills a general counsel must possess in order to be successful within a company and lead a legal department. At the event, hosted by InsideCounsel magazine, Jack Fortnum, executive vice president and chief financial officer, …
- May 14, 2014
- Jeff McCoy
Thomson Reuters and Minneapolis Institute of Arts host art and the law event
For centuries, many pieces of fine art and antiquities were considered the spoils of war or simply spirited away from their country of origin, only to land in museums, private collections or the auction block. But in the modern era where cultural preservation has taken center-stage, debates on museum ownership, artist’s rights and cultural preservation …
- May 13, 2014
- Alex Cook
Spotlight shines on Thomson Reuters-Books For Africa partnership
Thomson Reuters longstanding partnership with Books For Africa (BFA) was in the spotlight in early May on a day that celebrated both the productive past and the potential that lies ahead for both organizations. Books for Africa honored Thomson Reuters with its Kilimanjaro Society Award of Merit at its annual awards breakfast on Wednesday, May …
- May 12, 2014
- John Shaughnessy