Organizations now have a new resource to improve risk-analysis with the launch of Thomson Reuters CLEAR® Risk InformTM, the first risk-scoring solution to bring together analysis and public records with customizable definitions. Developed in collaboration with industry experts in banking, finance, insurance, healthcare, provider enrollment and vendor management organizations, CLEAR Risk Inform allows organizations to …
Information and commentary on the business and practice of law at Thomson Reuters.
Articles
Lessons from Legalweek
Each year starts off with a bang, as Legaltech, one of the biggest and most-attended legal trade shows, always convenes at the end of the January. Legaltech has evolved into Legalweek, an expanded series of events involving workshops, forums, networking and much more to help people across the legal industry keep up with changes on …
Can Technology Give Firms a Competitive Edge? Dynamic-Static Law Firm Report
Technology is often touted as a game changer, a field-leveler, a way for firms to gain a competitive edge over other firms. Marketing hype aside, is that really the case? The Legal Executive Institute’s Dynamic-Static Law Firm Report looked at Peer Monitor law firm data to see if use of technology helped firms perform better. …
Leadership, Listening to Clients & The Hero’s Journey – Takeaways from the 2019 Marketing Partner Forum
Client expectations, diversity and law firm leadership were just a few of the topics discussed by lawyers, partners, corporate legal officers, legal academics, and legal service innovators at the 26th Annual Law Firm Marketing Partner Forum, which was held this past week. Several sessions involved meeting or exceeding client expectations. Panelists discussed how law firms need …
Alternative Legal Service Provider Use Growing Faster Than Projected
Alternative Legal Service Providers (ALSPs) are rapidly expanding their footprint to the point where nearly 90 percent of large law firms and three-quarters of corporate legal departments are now using them. Those are among the findings of “Alternative Legal Service Providers 2019: Fast Growth, Expanding Use and Increasing Opportunity,” a new comprehensive report from Thomson Reuters …
Precedent Analytics Delivers Deep Analysis of Judges’ Citations Based on Westlaw Attorney Editor-Authored Content
How much time do you spend researching the judge of your upcoming case? Are you looking at what the judge has said on the topic of your case? Do you know what judge or judges they cite often? Do you know if the judge relies upon a certain court when drafting opinions? Westlaw Edge users …
Legalweek NY 2019 Set to Kick Off
The legal industry is once again descending on New York for Legalweek. Many may know it as Legaltech, but the conference has expanded to serve the industry more broadly than just legal technology. Thomson Reuters will be part of the action through panel participation, networking at key events and we will be talking about our …
American Association of Law Schools 2019 Annual Meeting
Thousands of law faculty, deans, administrators, and scholars gathered in New Orleans last week for the American Association of Law Schools Annual Meeting. New areas of the law, career paths, technology and other topics affecting law schools were discussed. Thomson Reuters demonstrated how new tools such as Westlaw Edge can help law students develop critical …
Rebuilding the Law Firm Model: “2019 Report on the State of the Legal Market” From Georgetown Law & Legal Executive Institute
The legal market is evolving rapidly, and law firms should seize the opportunity to question long-standing assumptions and re-examine traditional business models that may not be suited for growing challenges such as competition from the likes of the Big Four and more-nimble alternative legal service providers (ALSPs). The “2019 Report on the State of the …
CryptoKitties, Fashion Law & How Law Firms Can Use Blockchain
We’ve all likely heard about bitcoin and cryptocurrencies, but how about cryptokitties? Apparently, virtual cats can be bought and sold on platforms using blockchain technology, which securely tracks digital transactions. Virtual cats aside, blockchain has tantalizing potential for a number of legal applications, owing to its unique abilities to create records that are resistant to …
