Trevor Faure has seen more than his share of the transformation of legal services, as former general counsel and leader of Legal Services at EY Global, and before that, at organizations including Apple, Dell and Tyco International at times when they were undergoing dramatic, and often difficult changes. “Smarter Law: Transforming Busy Lawyers Into Business …
Information and commentary on the business and practice of law at Thomson Reuters.
Articles
Honoring Recipients with the Presidential Medal of Freedom
Last week, President Trump awarded the Presidential Medal of Freedom to seven individuals, including two prominent legal minds: the late U.S. Supreme Court Justice Antonin Scalia and retired Minnesota Supreme Court Justice Alan Page. The prestigious award is the highest civilian honor bestowed in the nation. At Thomson Reuters, we’re honored to have had long-standing …
- November 21, 2018
- Carrie Brooker
Which Firms Are Gaining Ground? Dynamic-Static Law Firm Report
In an era of low growth, the law firm market is increasingly close to a zero-sum game where one firm’s gain is at the expense of the market share of another firm. The Legal Executive Institute’s Dynamic-Static Law Firm Report analyzes the difference between dynamic growing firms and firms that are more static and flat. …
- November 19, 2018
- Leonard Lee
Westlaw Edge Hits 1,500 Sales in First 15 Weeks
More than 1,500 legal organizations have already purchased Westlaw Edge in its first 15 weeks on the market, as legal professionals seek the benefits of delivering superior client value through advanced artificial intelligence technology. “We’ve seen an overwhelming response for Westlaw Edge from law firms, major banks, insurance companies and key court systems,” said Mike …
- November 15, 2018
- Jeff McCoy
A Message to Customers Impacted by the California Wildfires
Dear friends, The recent wildfires in California have severely impacted many. It’s in such times that we all must work together, and Thomson Reuters stands in full support of those impacted. We have a hotline for customers displaced by the recent wildfires, and we ask that you contact us at the Disaster Recovery Hotline at 1-833-TRCARES …
- November 14, 2018
- Jeff McCoy
Law Firm Pricing Insights Report Examines Evolving Pricing Practices
“Price is what you pay. Value is what you get” — Warren Buffett Figuring out how to price legal matters is an increasingly complicated balancing act. Firms are under pressure to make sure the rates they charge provide good value for clients in terms of the services provided, while maintaining adequate profit margins for the …
- November 14, 2018
- Leonard Lee
Your Autonomous Driving Uber is Here – But is the Law Ready for It?
Autonomous ride hailing services are here – sort of. Waymo this year launched a pilot ride hailing service using autonomous driving vehicles, and General Motors plans to test a similar service next year. But with the launch of these services has emerged a new set of legal issues, intensified by the death of a pedestrian …
- November 13, 2018
- Leonard Lee
Strength in Large Law Firm Market Lifts Peer Monitor Index
Continued strength in the large law firm market boosted the Thomson Reuters Peer Monitor Index (PMI) in the third quarter. Stronger demand and productivity offset a slight easing in rate growth and a jump in direct expenses. The PMI rose one point to 63. Demand for large law firm services rose 1.9% – the best …
- November 12, 2018
- Leonard Lee
Delaware Court of Chancery Added to Westlaw Edge
The Court of Chancery has a national reputation and is responsible for developing case law in Delaware on corporate matters. Now, with its dedicated analytics report on the Delaware Court of Chancery, users of Litigation Analytics in Westlaw Edge can easily stay current with the significant amount of business-related litigation taking place in the Delaware …
- November 8, 2018
- Leonard Lee
Insights From the Edge, Episode 5; The Importance of Early Adoption
Insights from the Edge This podcast series brings you the latest legal trends and topics as Insight Attorneys sit down with industry experts to discuss hot legal topics. Explore our latest topics to stay informed. Episode 5: Early Adoption It is easy to talk about adopting technology early, but it can be very difficult to …
- November 7, 2018
- Leonard Lee