As 2021 winds down, Legal Current is looking back at the milestones and key accomplishments from the Legal Professionals business of Thomson Reuters. Today we highlight the launch of Practical Law Dynamic Tool Set, which Thomson Reuters introduced in July. The tool set includes features in Practical Law that use AI and dynamic graphical navigation …
Information and commentary on the business and practice of law at Thomson Reuters.
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2021 Highlights: Peer Monitor Insights into Law Firm Performance and Recovery
As 2021 comes to a close, Legal Current is looking back at the milestones and key accomplishments from the Legal Professionals business of Thomson Reuters. Today we revisit findings of the quarterly Peer Monitor Economic Index reports through the first three quarters of 2021 and the insights they provided into how law firms are recovering …
Significant Number of Top Lawyers Want Fewer Hours, Less Non-Billable Responsibilities
Nearly one in three lawyers would prefer to work fewer hours, according to findings of the Stellar Performance: Skills and Progressions 2021 Mid-Year Survey, recently released by Thomson Reuters. Nearly 1,200 stand-out lawyers in more than 50 countries participated in the survey; stand-out lawyers were identified by senior in-house counsel through the Thomson Reuters Sharplegal …
Thomson Reuters Celebrates 100 Years of Distributing Thanksgiving Turkeys
Thousands of Thanksgiving turkeys were distributed on the Thomson Reuters Minneapolis-St. Paul campus this week as the company celebrated 100 years of donating turkeys to employees, retirees and local nonprofit organizations. The annual tradition was overseen this year by Elizabeth Beastrom, president, Tax & Accounting Professionals, Thomson Reuters, and Tom Walrath, vice president of real …
Cannabis Law Deskbook: A Bipartisan Conversation on the Complexities of Cannabis Law and Policy
A two-part podcast will feature state attorneys general as well as contributing authors to Cannabis Law Deskbook discussing the complexities of cannabis law and policy on Nov. 23. Recently published by Thomson Reuters in partnership with the Attorney General Alliance (AGA), Cannabis Law Deskbook provides a roadmap for navigating the patchwork of federal, state, and local laws …
Practical Law Dynamic Tool Set Wins “Legal Research Innovation of the Year” Award
Yesterday Practical Law Dynamic Tool Set was announced as a 2021 LegalTech Breakthrough Award winner in the “Legal Research Innovation of the Year” category. The award recognizes standout legal technology companies, products and services around the globe. LegalTech Breakthrough’s international annual awards program, which attracted more than 1,300 nominations from more than 12 countries this …
Law Firm Business Leaders Report: Talent Wars Are Threatening Law Firm Profitability
Law firm business leaders are optimistic about their outlook but are increasingly concerned about rising competition for talent including how to acquire, retain, and pay staff. These are among the key takeaways of the 2021 Law Firm Business Leaders Report, released today by Thomson Reuters. Legal Current breaks down the report findings on what’s keeping …
Veterans Law Project: A Conversation with Equal Justice Works Fellow Scott A. Sloss
For six years, Thomson Reuters has partnered with Shearman & Sterling to fund fellowships through Equal Justice Works, a nonprofit organization that brings together an extensive network of law students, lawyers, legal services organizations, and supporters to promote public service and equal justice. Scott A. Sloss is the fourth fellow this partnership has supported, and …
Cannabis Law Deskbook: A Roadmap for Navigating Laws on the U.S. and Canadian Cannabis and Hemp Markets
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 …
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 …
