The Thomson Reuters Transforming Women’s Leadership in the Law (TWLL) program is hosting a webinar, “Choose to Challenge: Accelerating Opportunities Towards Achieving Equality” in honor of International Women’s Day on March 8. A panel of industry leaders will explore how the legal market quickly adjusted to confront the uncertainties of the pandemic, which in turn …
Information and commentary on the business and practice of law at Thomson Reuters.
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Latest Insights on the Legal Profession from Legal Geek & Thomson Reuters
The pace of change in the legal industry is accelerating, and Legal Geek and Thomson Reuters will explore several aspects in a series of live Interactive workshops, facilitated breakouts and a thought leadership session. The free online event will be March 10 beginning at 9am ET (1500 GMT). Sessions will explore: COVID-19 – Catalyst for …
- March 1, 2021
- Leonard Lee
Minnesota Lawyer Honors Sharon Sayles Belton Among 2020 Attorneys of the Year
Sharon Sayles Belton, vice president of Partnerships and Alliances at Thomson Reuters, was honored in Minnesota Lawyer’s 2020 Attorneys of the Year ceremony yesterday. She was recognized for her outstanding service to the profession as part of an annual event – held virtually this year – that honors attorneys for their work in procuring a …
- February 18, 2021
- Carrie Brooker
Alternative Legal Service Providers Are Becoming Mainstream and Less “Alternative”
Alternative legal service providers (ALSPs) have accelerated their growth to a nearly $14 billion market share globally and are quickly becoming a mainstream segment of the legal market, a new study from Thomson Reuters Institute, the Center on Ethics and the Legal Profession at Georgetown Law and the Saïd Business School at the University of …
- February 11, 2021
- Carrie Brooker
Cost Cuts, Higher Rates Drive Peer Monitor Index Higher
Law firms finished 2020 on an optimistic note. Weakness in demand moderated, rates remained high, and firms were able to reduce several key costs. As a result, the Thomson Reuters Peer Monitor Index (PMI), which measures key law firm performance indicators hit a near-record high in the fourth quarter of 2020. Demand for law firm …
- February 2, 2021
- Leonard Lee
Baker McKenzie, DLA Piper and Dentons Top the 2021 Acritas Global Elite Law Firm Brand Index
Baker McKenzie retained the top spot for the 11th consecutive year in the 2021 Global Elite Law Firm Brand Index, announced today by Acritas, part of Thomson Reuters. DLA Piper remained second on the list and Dentons made the biggest move, up eight spots, from 11th to third. Linklaters moved up four spots to fourth, …
- January 26, 2021
- Jeff McCoy
Arizona Becomes First US State to Implement Thomson Reuters Digital Evidence Center
Since the onset of the COVID-19 pandemic, courts across the United States have experienced unprecedented disruption as they adapt to the restrictions and new ways to operate. Currently there is a statewide order to suspend in-person hearings in eight US states, a statewide order to suspend in-person jury trials in 16 states, and many other …
- January 14, 2021
- Carrie Brooker
2020 May Have Been a “Tipping Point” for Law Firms: 2021 Report on the State of the Legal Market
While 2020 brought unprecedented challenges for law firms, history may look back and see the year as a “tipping point” that accelerated significant changes in the law firm market. The 2021 Report on the State of the Legal Market from the Center on Ethics and the Legal Profession at Georgetown University Law Center and the …
- January 12, 2021
- Leonard Lee
Remote Hearings & the Future of Global Arbitration
The COVID-19 pandemic has not only affected in-person court hearings, but has similarly affected the arbitration world as well. In-person arbitration hearings are now difficult to hold, owing to travel restrictions and the difficulty in safely conducting face-to-face hearings. The arbitration world is rapidly adapting. The Arbitration Institute of the Stockholm Chamber of Commerce, one …
- January 7, 2021
- Leonard Lee
2020 Highlights: Peer Monitor Insights on Law Firm Performance in the Pandemic
With an unprecedented and tumultuous year winding down, Legal Current is revisiting how Thomson Reuters thought-leadership reports tracked the progress of the law firm market during 2020. The year kicked off with the 2020 Report on the State of the Legal Market, one of several studies Thomson Reuters publishes throughout the year drawing on Peer …
- December 21, 2020
- Carrie Brooker