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 …
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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, …
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 …
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 …
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 …
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 …
A Fresh Look for Super Lawyers Magazine
The first issue of the redesigned Super Lawyers Magazine – the 2021 Ohio/Kentucky Super Lawyers Magazine – has been released online and in print. Super Lawyers is the leading attorney ratings service from Thomson Reuters, and its redesigned magazine offers enhanced attorney list readability as well as new advertising options that attorneys and law firms …
2020 Highlights: Legal Home Becomes Digital Launchpad, New Marketplace Introduced
With the year winding down, Legal Current is revisiting 2020 milestones and key accomplishments from the Legal business of Thomson Reuters. Today we look at Thomson Reuters Legal Home, an integrated digital launchpad that serves as a central entry point for legal professionals to access essential resources and information. Introduced in November, Legal Home delivers …
Thomson Reuters Survey Reveals How the Pandemic Is Shaping Legal Education
Law students understand that faculty are doing the best they can in a difficult situation, yet they are concerned about the value of the legal education they are receiving online. This is among the findings of a Thomson Reuters survey, Law Schools and the Global Pandemic, of nearly 3,000 law school students, faculty and administrators. …
2020 Highlights: Strategies Small Law Firms Are Using to Overcome Challenges
With the year winding down, Legal Current is revisiting 2020 milestones and key accomplishments from the Legal business of Thomson Reuters. Today we look at the challenges facing small law firms and the Thomson Reuters 2020 State of U.S. Small Law Firms report, which highlighted some of the strategies firms are using to overcome them. The report …
