Charlotte Rushton, managing director of US Law Firms for Thomson Reuters, recently sat down with Jason Moyse, co-founder of Law Made Inc. They discussed his view of the legal tech startup community and how organizations such as his can help to connect young startup companies with larger, more established ones, to explore how working together …
Information and commentary on the business and practice of law at Thomson Reuters.
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Corporate Legal Departments moving more work in-house even as satisfaction with outside counsel value increases
Corporate legal departments are seeing greater value for the legal services they receive from their outside counsel, according to the 2018 State of Corporate Law Departments Report from Thomson Reuters and Acritas. The average satisfaction rating of outside counsel based on value has increased 9 percent over the last five years showing improvements across all …
Businesses Falling Behind in Data Privacy Compliance
A new survey found that roughly half of businesses and other organizations are failing to comply with data privacy regulations, and potentially more worrisome, are falling behind. The Thomson Reuters Survey on Data Compliance surveyed 1,000 data privacy professionals at organizations in nine countries. Among the findings: 44% of organizations globally say they are failing to …
Trends impacting the data privacy environment
The data privacy landscape is shifting more quickly than ever before. At Thomson Reuters, we interact closely with our customers every day – whether it’s through research support, building technology solutions or discussing trends the legal market and individual customer groups are facing. Every day, we work to help our customers find the answers they …
Trump Year One: Executive Orders
We recently examined the history of Presidential executive orders and discovered President Trump signed more executive orders in his first 100 days in office than any U.S. president since World War II. How does his first full year compare to his predecessors? To find out, we analyzed Westlaw data to determine the number of executive …
#LEIMPF2018 – Law Firms, Clients and Performance Evaluation
When relying on legal services, law firm clients traditionally had to accept law firms’ decisions on rates and assignments of who performed the work. Today clients have made a dramatic shift to what is now largely a “buyer’s market,” and are relying on data analytics and various technologies to more actively manage their external legal …
#LEIMPF2018 – Strange Bedfellows
Alternative legal services providers (ALSPs) entered the legal market via a frosty reception by many, especially law firms, and have substantially impacted the legal market. But corporate law departments, who also may have been somewhat skeptical, were at least more willing to explore working with these alternative providers to deliver certain legal services at a …
Firms Need To Re-Evaluate Strategies in a Rapidly Shifting Market: Georgetown Law & Legal Executive Institute Report
Many law firms may be unprepared for rapid changes that are transforming the legal market at an accelerating pace. “The 2018 Report on the State of the Legal Market’ from Georgetown Law and the Legal Executive Institute says that new competitors and changing client expectations make it essential for law firms to re-evaluate strategies, even …
Thomson Reuters Acquires O’Connor’s
Thomson Reuters has acquired O’Connor’s, a publisher of highly respected content, primarily for the Texas legal market. The businesses share a passion and commitment to editorial excellence and providing quality products that are essential to their customers’ practice. Any changes should be invisible to customers, who should continue to look to O’Connor’s for the high-quality …
Nominations Open for the 2018 William L. Norton, Jr. Judicial Excellence Award
Nominations are now open for the 12th annual William L. Norton, Jr. Judicial Excellence Award, created by Thomson Reuters and the American Bankruptcy Institute (ABI), which recognizes bankruptcy judges dedicated to service of the insolvency community. The award, named for former bankruptcy judge and longtime West author William L. Norton, Jr., is presented at the National Conference of Bankruptcy …
