Thomson Reuters recently released the first broad, in-depth accounting of the evolving field of cannabis law with Cannabis Law Deskbook, published in partnership with the Attorney General Alliance (AGA). It provides a roadmap for navigating the patchwork of federal, state and local laws governing the U.S. and Canadian cannabis and hemp markets. Austin Bernstein is …
Information and commentary on the business and practice of law at Thomson Reuters.
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Thomson Reuters Peer Monitor Index: Talent Wars Are a Drag on Law Firm Performance
The large law firm market continues its strong recovery – with high marks for demand, rates, and productivity – but the intensifying war for talent is a growing drag on law firm performance, according to the Thomson Reuters Peer Monitor Economic Index (PMI), released today. The third-quarter 2021 PMI, a composite index of law firm …
Top Concerns of Small Law Firms: Administrative Tasks and Business Development
Lawyers at small law firms are increasingly concerned about the administrative burden placed on them and the impact it has on their ability to practice law, according to the 2021 State of the U.S. Small Law Firms Report. Released today by Thomson Reuters, the report revealed that spending too much time on administrative tasks is …
A Region in Rebound: Changes Shaping the Growing European Legal Market
Globally, the legal industry has been hit hard by the uncertainty and upheaval of the COVID-19 pandemic, and mainland Europe was not an exception. Corporations across Europe contended with the impact of the pandemic alongside fallout from the UK’s exit from the European Union, yet the 2021 State of the Legal Market in Europe report …
Osborne Clarke Powering Its Global Digital Transformation With 3E Cloud Care
As Osborne Clarke moves swiftly to digitally unify its future-focused international legal practice of more than 925 lawyers across 25 worldwide locations, it is adopting Thomson Reuters 3E Cloud and 3E Cloud Care to provide global enterprise business management. “The investment in 3E demonstrates our commitment to a cloud-first IT strategy that provides our people …
Spotlight on the Legal Industry’s Climate Change Allies: Ashurst
With the 26th United Nations Climate Change Conference of the Parties (COP26) two weeks away, organizations worldwide have committed to net zero targets and are working on how to deliver them. A new resource for legal professionals supporting these efforts with climate-aligned legal clauses is the Net Zero Toolkit from The Chancery Lane Project (TCLP). The toolkit is based on …
Spotlight on the Legal Industry’s Climate Change Allies: Clyde & Co
Ahead of the 26th United Nations Climate Change Conference of the Parties (COP26) in November, organizations worldwide have committed to net zero targets and are working on how to deliver them. Legal professionals supporting these efforts by drafting climate-aligned legal agreements have a new resource: the Net Zero Toolkit from The Chancery Lane Project (TCLP). It’s based …
HighQ: 50 Customer-Driven Enhancements and Counting
Last week’s launch of the latest version of HighQ included integrations with Practical Law, 3E and Microsoft Teams® as well as more than 50 customer-driven enhancements. Legal Current asked Tom MacDonald, director of Product Management, Thomson Reuters, for an insider’s perspective on the new HighQ features. MacDonald said Practical Law Matter Maps on HighQ are …
Spotlight on the Legal Industry’s Climate Change Allies: Squire Patton Boggs
More than 200 legal professionals participated in a Net Zero Toolkit launch party with The Chancery Lane Project (TCLP) last week, demonstrating the strong interest in resources for lawyers drafting climate-aligned legal agreements. As organizations prepare to deliver their net zero targets ahead of the 26th United Nations Climate Change Conference of the Parties (COP26) in November, …
Discussing the Outlook for the Legal Industry
The legal industry continues to rebound from the effects of the pandemic, but much uncertainty still remains. The Thomson Reuters Peer Monitor Index hit a record high in the second quarter as demand returned to pre-pandemic levels or higher, and law firm profitability soared. But questions about the direction of the economy and global trade …
