Legal Current’s year-in-review series looks back at 2022 milestones for the Legal Professionals business. Today we revisit the quarterly Law Firm Financial Index (LFFI) reports from the Thomson Reuters Institute. LFFI is a composite index of law firm market performance using real-time data drawn from major law firms in the United States and key international …
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Reactions to the 2022 Report on the State of the Legal Market
Last week, Legal Current shared the five key takeaways from the 2022 Report on the State of the Legal Market, which explored why law firms can’t just keep throwing money at the growing talent war. Today, we highlight takes from journalists, bloggers and industry influencers on the report findings. Many focused on the industry’s retention …
2021 Highlights: With a Customer Focus, HighQ Adds More than 100 Enhancements
With 2021 coming to a close, Legal Current is looking back at the milestones and key accomplishments from the Legal Professionals business of Thomson Reuters. Today we highlight significant HighQ enhancements from the past year. “For HighQ, 2021 was the year of people, purpose and growth,” said Kriti Sharma, chief product officer, LegalTech, Thomson Reuters. …
2021 Highlights: Report on the State of the Legal Market
As the 2021 clock ticks down, Legal Current is looking back at the milestones and key accomplishments from the Legal Professionals business of Thomson Reuters. Today we revisit findings of the 2021 Report on the State of the Legal Market, which showed this year may have been a “tipping point” that accelerated significant changes in …
Peer Monitor Index: Legal Industry Reaction to Record-High Rating
Last week Thomson Reuters released the Q2 2021 Peer Monitor Economic Index (PMI), a composite index of law firm market performance, with a record high of 84 points – a 22-point jump and the biggest quarterly increase in the history of Peer Monitor. The report explored the factors and trends contributing to the rating, including …
Thomson Reuters Legal SYNERGY2021: Spotlight on the Transformational Power of Technology
Legal, technology and finance professionals from law firms, government and corporate legal departments across the United States, Canada, UK and Europe joined the first-ever Thomson Reuters Legal SYNERGY conference last week. Today Legal Current reflects on highlights of the virtual event, which included three days of inspiring keynotes, informative educational sessions and CLE courses, and …
Innovative Law Firms and Legal Tech Providers Drive Growth of Thomson Reuters Marketplace
Innovative law firms and legal tech providers offering their products and workflows, such as customized solution templates for HighQ, are driving the expansion of Thomson Reuters Marketplace. An open environment that lets users find and test solutions that extend the functionality of many of their existing products, Marketplace is among the Thomson Reuters solutions enabling …
2020 Highlights: Legal Home Becomes Digital Launchpad, New Marketplace Introduced
With the year winding down, Legal Current is revisiting 2020 milestones and key accomplishments from the Legal business of Thomson Reuters. Today we look at Thomson Reuters Legal Home, an integrated digital launchpad that serves as a central entry point for legal professionals to access essential resources and information. Introduced in November, Legal Home delivers …
Focusing Product Development Around Customers’ Needs
At Thomson Reuters, product development is driven by working closely with customers to meet their evolving needs through the application of innovative technology. The 2020 launches of Legal Data APIs, Legislative Insights on Westlaw Edge and Practical Law Global underscore our commitment to helping our customers better serve their clients. The introduction of Thomson Reuters …
Panoramic View: Media Highlights of the Launch
Last week’s Thomson Reuters Panoramic launch has generated positive coverage from legal industry media and bloggers. Journalists and influencers have shared their take on Panoramic following the media briefing and product demonstration Thomson Reuters hosted. Reporters have touted the impact Panoramic will have on lawyers’ overall workflow – particularly around pricing and billing – and …
