Erica Kitaev, senior director, Product Management, Thomson Reuters, explored what it means to delight customers with Caden Damiano in The Way of Product Design podcast. They discussed how emotion and sentiment can be indicators of product success in the latest episode. Kitaev draws on her experience as a law firm partner to design products for …
Information and commentary on the business and practice of law at Thomson Reuters.
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Does Money Matter? Reactions to Report on Law Firms and Lawyer Retention
Recruiting and retention initiatives remain top priorities for law firms amid relentless competition for legal talent. Thomson Reuters today updated data that was first provided in the 2022 State of the Legal Market Report, showing that higher compensation or lower workloads, by themselves, are often not enough to keep attorneys from straying and seeking a …
Practical Law Editors Draft Climate Clauses for Finance and Construction Law
Practical Law editors helped The Chancery Lane Project (TCLP) draft and provide peer review for new climate clauses, as well as revise existing clauses and climate drafting resources. Announced yesterday, the new clauses and resources reflect the latest climate science, legislation, and user feedback from TCLP’s global community of 2,500 participants. Ten new clauses focus …
Thomson Reuters and Lerner Publishing Group: Lifting Diverse Voices in Children’s Book Publishing
Thomson Reuters and Lerner Publishing Group are collaborating to raise the voices of diverse authors in children’s book publishing. Announced yesterday, the publishing program will launch in 2023 with a young adult nonfiction book, Reimagining Police: The History and Future of Law Enforcement, by Minnesota educator and civil rights attorney Dr. Artika Tyner. “Thomson Reuters …
Thomson Reuters Law Firm Financial Index Q1 2022: Three Takeaways
Law firms will be challenged to surpass the high bar set in 2021, according to findings of the Q1 2022 Law Firm Financial Index, released today by Thomson Reuters. The index, powered by Peer Monitor/Financial Insights, showed law firm growth in demand and rates were no match for surging expenses. Legal Current shares top takeaways …
National Volunteer Month Highlights: Fighting Food Insecurity
April is National Volunteer Month, and employees across Thomson Reuters made an impact in their local communities. One event included employees from the Minneapolis-St. Paul chapters of Thomson Reuters Early Careers Network and Global Volunteer Network volunteering with Second Harvest Heartland in Brooklyn Park, Minn. Second Harvest Heartland is a food bank that works to …
Judge Pamila J. Brown Receives 2022 Liberty Achievement Award
I had the privilege of presenting the American Bar Association’s Tort Trial & Insurance Practice Section (TIPS) Liberty Achievement Award yesterday. Thomson Reuters has sponsored the TIPS Liberty Achievement Award – which recognizes attorneys and judges who take leadership roles in promoting diversity in the profession of law – since its inception in 2008. It …
Top Asia-Pacific Law Firm Brands in 2022
Baker McKenzie regained the top position in the Asia-Pacific Brand Index in a slight reshuffling of leading law firm brands. King & Wood Mallesons and Herbert Smith Freehills ranked second and third, respectively. JunHe came in fourth, and Zhong Lun took the fifth spot. Rounding out the top 10 were Nishimura & Asahi, Dentons, Clifford …
What to Know When Starting an NFT Marketplace
Non-fungible tokens (NFTs) are the hot craze. While the initial coin offering (“ICO”) craze of 2017-2018 fizzled out in the face of government enforcement actions, a resurgence in the global market for bitcoin and the new category of NFTs is fueling a new boom in digital assets as mainstream interest increases. Recently, Christie’s became the …
Earth Day Insights: Using Construction Contracts to Address Climate Change
The surge of investment in construction – from new housing to infrastructure projects – may be an opportunity for legal professionals to help fight climate change. Brandon Moss, senior legal editor, Litigation, Practical Law, described what’s behind the construction boom in the United States: “The pandemic exacerbated issues in the housing market, leading to the …
