For legal consumers looking for representation on family matters, trust, honesty and empathy far outweigh expertise when choosing an attorney. These are the findings explored in the latest FindLaw report, “Searching for a Friend: How the Family Legal Consumer Looks for an Attorney.” In addition to highlighting results from a survey of 2,000 legal consumers, …
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Trump, the Presidency & the History of Executive Orders
President Trump signed more executive orders in his first 100 days in office than any US President since World War II. Ronald D. Rotunda, a U.S. legal scholar and professor of law at Chapman University School of Law, discusses the history of Presidential executive orders. To listen click here (or to download and listen later, …
Large Law Firm Demand Slows in Q3 – Peer Monitor
The large law firm market slowed again in the third quarter, as declining demand more than offset higher rates, according to the (PMI). The PMI, which measures the relative health of the U.S. large law firm market, fell one point to 49. Demand for the large law firm market fell a sharp 1.9 percent — …
Listen to the Latest Cybersecurity Law & Strategy “Inside Tech” Podcast with Jason Thomas
While the gaze of cybersecurity experts may currently be focused on Russian hacking, it’s important to remember that one of the most nefarious schemes – the ol’ phishing email – is still out there. Are you safe from getting hooked? Jason Thomas, chief of innovation for Thomson Reuters Special Services, explores how hackers still rely …
Do Corporate Boards Need More Millennial Directors?
Aging corporate boards are getting lessons on how to foster the next generation of directors. Younger directors remain rare but they’re increasingly in demand for their skills and perspectives on topics such as cybersecurity, e-commerce and marketing to millennials. They can also bring diversity to otherwise “pale, male and stale” boardrooms. The next generation of …
JFK Files: 25 Years of Legislative History and Executive Orders
More than 50 years after President John F. Kennedy was killed, the National Archives has released some of the records – believed to be mainly FBI, CIA and Justice Department files – related to his assassination. The release was mandated by the JFK Assassination Records Collection Act, and Legal Current is looking at the legislative …
New Thomson Reuters Legal Tracker LDO Index Finds Billing Guideline Enforcement and Proactive Law Firms Control Costs, Not Fixed Fees and RFPs
Corporate legal departments say their most effective cost controls are enforcement of billing guidelines, reductions on invoice expenses, and working with law firms that pro-actively show their value. At the same time, many legal departments are not using fixed or flat fees, matter budgets, competitive bidding through requests for proposals (RFPs) or reallocation of work …
ACCAM17 Panel – Key Issues in Negotiating and Drafting Subscription Services Agreements
Technology was a common theme at the Association of Corporate Counsel (ACC) annual meeting, from the opening plenary on blockchain, to sessions on payment fintech and cybersecurity. Technology-related contracting continues to attract significant interest among lawyers, whether it’s utilizing automation or machine learning in the drafting and review processes, or substantive issues that typically arise in …
Thomson Reuters named the strongest brand in Acritas’ first Global Alternative Legal Brand Index
Thomson Reuters has been named the top brand in an exciting new index that is the industry’s first to focus on the innovative practices that are enabling legal professionals to more efficiently organize and conduct their work.
Acritas, a leading legal market research company, has published its inaugural Global Alternative Legal Brand Index to reflect the increasing diversity of legal services providers that in-house departments can turn to today. The results are based on the views and opinions of many hundreds of senior legal professionals representing some of the world’s largest companies.
These in-house counsel were asked to name organizations providing legal services, excluding law firms, which first come to mind, along with those they most favored. They were also asked which providers they saw as driving innovation in the market.
Thomson Reuters was cited three times more than the next closest provider for its innovative practices and was named as the most favored provider overall, primarily driven by its use of technology.
While Thomson Reuters earned mentions across multiple areas for its innovation, four areas of business underpinned this recognition: Carswell Legal Solutions, Westlaw, Practical Law and Thomson Reuters Legal Managed Services. These reflect the broader survey findings that clients are adopting technology for accessing legal know-how and organizing work; using flexible resources to handle fluctuating work volumes; and seeking specialized expertise to provide business-ready solutions.
About Acritas and the Index
Acritas has published the highly-regarded Global Elite Law Firm Brand Index annually for the last eight years. The new Global Alternative Legal Brand Index is compiled from analysis of data derived from more than 600 telephone interviews with in-house counsel who have senior responsibility for buying legal services, representing $1 billion+ revenue organizations around the world.
Thomson Reuters Legal President Susan Taylor Martin & Acritas CEO Lisa Hart Shepherd
A brief video in which Thomson Reuters Legal President Susan Taylor Martin sits down with Acritas CEO Lisa Hart Shepherd to discuss the new Global Alternative Legal Brand Index, the role of technology in innovation, and the Thomson Reuters approach to customer-focused solutions can be viewed here: https://youtu.be/4XbU3q1q9p4
You can also view the official announcement from Acritas and media coverage in the American Lawyer.
Human Trafficking Task Force Models: Collaborative Partnerships and Proactive Outreach — IACP 2017 Panel
Much like yesterday’s discussion on new efforts to confront the nation’s opioid crisis, this morning’s IACP panel — Human Trafficking Task Force Models: Collaborative Partnerships and Proactive Outreach — discussed how law enforcement agencies are now taking a multilayer approach to a significant and troubling trend. Sex trafficking is a $32 billion dollar a year …
