We are witnessing a legal services market that is undergoing an enormous amount of change; new market entrants, technological disruption and the rise of the general counsel are just some of the forces driving this change. In response, forward-looking law firms are finding new ways of doing business, harnessing disruptive technologies and embracing the need …
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ILTACON Panel Recap – The Promise of Blockchain
Blockchain and distributed ledgers will transform contracts and transactions in finance, banking, insurance, real estate and other industries with complex supply chains. The promise of the distributed nature of blockchain is that it eliminates many costs and risks from large-scale transactions. And it will also create new roles for lawyers capable of understanding the unique …
Judge Lorna G. Schofield Receives 2017 Liberty Achievement Award
At the 2017 American Bar Association (ABA) annual meeting in New York City, the Tort Trial and Insurance Practice Section (TIPS) presented its annual Liberty Achievement Award to Judge Lorna G. Schofield of the United States District Court for the Southern District of New York. The award recognizes lawyers and judges who take a leadership role by …
Transforming the Business of Law with Cognitive Computing, ILTACON 2017 Keynote
Brian Kuhn, founder of IBM Watson Legal, addressed key misconceptions around artificial intelligence and cognitive computing in Tuesday’s keynote at ITLACON 2017. Kuhn talked with David Curle, Thomson Reuters director of market intelligence, and shared insights from business-of-law use case workshops IBM conducted with corporate legal departments and law firms over the last two years. …
ILTA Day 1 Podcast: Artificial Intelligence & Ethics
Artificial intelligence is one of the hottest topics in the legal profession. But while the focus is usually on the technology, AI raises complex ethical issues as well. Chris Mammen, a partner at Hogan Lovells and a faculty member of University of California – Hastings’ Innovation Law Institute, participated in a panel at ILTACON today …
ILTACON 2017 – Vegas Here We Come
This week, legal technology thought leaders and experts, legal industry early adopters and technology-focused vendors will gather to hash out how technology is affecting, supporting and changing the legal industry at ILTACON 2017 (International Legal Technology Association) August 13-17 at Mandalay Bay in Las Vegas. This year, Thomson Reuters hosts four thought leadership sessions on …
Trainer: Intellectual Property in the Crosshairs of Trade Agenda?
In recent weeks, the Trump Administration has stepped up actions to punish China for violations of U.S. owned intellectual property, with a Reuters report noting bi-partisan support for a broad inquiry into China’s trade practices. The timing of the official investigation is unknown due to China’s recent support of UN sanctions against North Korea and …
Big Law & the Battle for Market Share
Large law firms have faced their share of challenges in recent years. But while the challenges and opportunities may be similar across firms, how they respond – and consequently, the rewards and downturns – have been far from similar across the market. On the surface, the latest Peer Monitor report shows a large law market …
Mitchell & Mitchell on Health Care and the Trump Agenda, Part 16: No One is in Charge of Health Care
This is part 16 in an ongoing series regarding changes in health care that may take place—and actual changes that do take place—with the Trump administration. The likely implementation issues to be encountered for both potential and actual changes are described, based on detailed methods of analysis. The emphasis is on what these shifts mean …
“Big Law” Finds Renewed Strength at the Top: Peer Monitor
The large law firm market has largely been split so far this year, with the very largest segment of firms seeing gains, while other segments of the market are facing more challenging conditions. The latest Peer Monitor report shows that through the first six months of the year, much of the strength in the market …
