With M&A activity declining amid an economic slowdown, law firms are looking to differentiate and innovate to stand out from the competition and win more due diligence business. To help with these efforts, Thomson Reuters is hosting a free webinar on Feb. 16 that highlights the benefits of collaborative project management, streamlined workflows, and artificial …
Information and commentary on the business and practice of law at Thomson Reuters.
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Alternative Legal Services Providers 2023 Report: Reactions from the Legal Industry
“ALSPs have a greased runway to start soaking up business.” That’s among the reactions – this one from Above the Law’s Joe Patrice – to findings of the Alternative Legal Services Providers 2023 Report, released last week by the Thomson Reuters Institute; the Center on Ethics and the Legal Profession at Georgetown Law; and the …
2023 Report on the State of the Legal Market: Feb. 21 Webinar
The 2023 Report on the State of the Legal Market explores the outlook for the year ahead, examining how factors including rising expenses, falling demand and productivity, shifting client outlooks, and inflation are shaping the industry. Since the report’s release in January, findings have sparked conversations as journalists, bloggers, and industry influencers weigh in on …
Practical Law The Journal: February Issue Out Now
Practical Law The Journal is the award-winning magazine companion to Practical Law, covering a wide range of transactional, regulatory, and litigation topics. It publishes monthly in a new digital-only format hosted on Reuters.com. Legal Current reached out to the Practical Law The Journal team to discuss what readers can look forward to in the February …
Alternative Legal Services Providers 2023 Report: By the Numbers
Alternative legal services providers (ALSPs) make up a $20.6 billion segment of the legal market and growth is accelerating dramatically, according to the Alternative Legal Services Providers 2023 Report. Legal Current shares a by-the-numbers look at top findings from the ALSP report, which is issued biennially by the Thomson Reuters Institute; the Center on Ethics …
2023 Report on the State of the Legal Market: Reactions from the Legal Industry
Journalists, bloggers, and industry influencers are interpreting findings of the 2023 Report on the State of the Legal Market, issued last week by the Thomson Reuters Institute and the Center on Ethics and the Legal Profession at Georgetown Law. They’re focusing on findings showing a drop in demand for services, an uncertain economic outlook, lower …
2023 Report on the State of the Legal Market: 10 Takeaways
A year of uncertainty awaits law firms, with multiple factors threatening profitability, including falling demand and productivity, rising expenses, shifting client outlooks, and inflation. These are among the findings of the 2023 Report on the State of the Legal Market, issued today by the Center on Ethics and the Legal Profession at Georgetown Law and …
Practical Law The Journal: Same Great Content, New Digital Format
Practical Law The Journal now publishes monthly in a new digital-only format hosted on Reuters.com. This is a big shift for the magazine, which emerged as a staple in the legal industry and has been in print for 14 years and published over 160 issues. Legal Current reached out to the Practical Law The Journal …
State of the Legal Market Report: Predicting the Factors That Will Shape 2023
Ahead of the 2023 Report on the State of the Legal Market – the annual report issued jointly by the Center on Ethics and the Legal Profession at Georgetown Law and the Thomson Reuters Institute – Legal Current is looking back at the trends that shaped the industry in 2022. The 2023 report, which Thomson …
2022 Highlights: Celebrating 150 Years of Customer Partnership and Innovation
As 2022 winds down, Legal Current is reflecting on the Legal Professionals business’s milestones from the year. Today we look back at Thomson Reuters commemorating 150 years of customer partnership and innovation in honor of the 1872 founding of John B. West Publisher and Book Seller. The organization founded in 1872 was the first iteration …
