Corporate law departments often hire and manage numerous outside vendors – primarily law firms. Effectively tracking spending and legal matters with each vendor is therefore of the utmost importance to efficiently managing even a small legal department. Accounts payable (A/P) software is capable of tracking spending by cost center and vendor, but is unable to …
Information and commentary on the business and practice of law at Thomson Reuters.
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Legal News Brief – May 31, 2013
Before you head out for the weekend, check out your legal news headlines from Thomson Reuters News and Insight. Ex-shareholders of Lyondell, Tribune face novel clawback threat If successful, the lawsuits could circumvent the legal protections that have generally shielded individual investors when a leveraged buyout goes bust. When health data is stolen, lawsuits often …
- May 31, 2013
- Susan Martin
Intelligent information and strategic partnerships: Grappling with big data
What do bankers, lawyers, scientists and investment managers need to efficiently complete their jobs? Just a few years ago, they demanded the ability to search a wide span of data and receive precise answers – now, however, the population of information has grown exponentially and it is impossible to have access to the entire population …
- May 31, 2013
- Kelsey Engbrecht
Global impact of fast-growing nations: Building BRICKS
The Intellectual Property and Science business of Thomson Reuters recently published a new study called Building BRICKS, in which the global research impact of what are known as the BRICK nations is explored. Over a ten year period, global research publications and R&D spending were studied in relation to the patent activity of Brazil, Russia, …
- May 30, 2013
- Leonard Lee
Ten predictive coding concepts
Predictive coding has become a buzzword in e-discovery, but when it comes to taking a close look at implementing e-discovery processes, it can become a daunting topic to tackle. Edward Sohn, assistant vice president of litigation solutions for Pangea3, recently shared ten predictive coding concepts with the Association of Corporate Counsel (ACC). These top concepts …
- May 29, 2013
- Kelsey Engbrecht
Books for Africa celebrated at Thomson Reuters
Books for Africa is celebrating its 25th anniversary this year and Thomson Reuters has the distinct honor of being its top level sponsor for all 2013 events. The spring luncheon to kick off the 25th anniversary took place on Wednesday, May 15, followed by a celebration on Thursday, May 16 at the Thomson Reuters Eagan, …
- May 28, 2013
- Susan Martin
Thomson Reuters builds bikes for kids in the community
Biking is not only a quintessential activity of childhood, but can also help children form good habits of healthy activity that will last them their lifetime. To help children in Eagan, MN, 300 Thomson Reuters employees volunteered in partnership with the local YMCA to assemble 100 bikes. These bikes will go through volunteers at the …
- May 28, 2013
- Kelsey Engbrecht
Legal News Brief – May 24, 2013
Before you head out for the weekend, check out your legal news headlines from Thomson Reuters News and Insight. States pressured to match their false claims acts to federal law Ten states are at risk of losing a 10 percent federal bonus from settlements of Medicaid fraud lawsuits if they don’t make a deadline to …
- May 24, 2013
- Susan Martin
Thomson Reuters Elite creates new app
Elite recently announced the availability of ProLaw Mobile via the iPad. Through an enhanced version of its leading One Office financial and practice management application within ProLaw XII, customers can now access time entry, client and matter information through the new ProLaw Mobile App. “We are excited to offer ProLaw Mobile, and the enhanced front-office functionality …
- May 22, 2013
- Gretchen DeSutter
Bringing social media intelligence to Expert Witness Reports
The growth of social media has added a whole new level of information that can be helpful in researching expert witnesses. An expert’s conversations on social media channels can reveal insights into their viewpoints and expertise, as well as inconsistencies or changes in perspective over time. Gathering and analyzing information across the myriad social media channels …
- May 21, 2013
- Leonard Lee