Despite challenging conditions, Australian law firms continue to grow and outperform their global counterparts. These are among the findings of the 2022 Australia: State of the Legal Market Report, released today by the Thomson Reuters Institute. The report found Australian law firms performed so well in fiscal year (FY) 2022 that the market may serve …
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Australian Law Firm Demand Still Declining, Says Peer Monitor Report
The Australian legal market suffered its fourth consecutive year of declining demand, according to a new report issued by Peer Monitor and Melbourne Law School, “2016 Australia: State of the Legal Market,” based on financial data drawn from the Australian offices of 21 major law firms. Demand for Australian firms declined an average of 1.9% across firms …
Dan Toombs: Make your legal mark online
Thomson Reuters Insights recently conducted an interview with Australian expert lawyer and law firm marketer, Dan Toombs. In the interview, he discusses the four Ps all law firms, large or small, should be focusing on to ensure they have a strong online presence for ongoing business development. The interview was completed after Toombs’ recent discussion on …
Thomson Reuters Insight releases new white paper on legal cost management in Australia
The cost of legal services, and the industry’s shift from the “billable-hour” pricing model to a fixed fee pricing structure, is currently a hot topic of conversation in the legal industry. So, just in time, Thomson Reuters Insight has released its latest white paper on legal cost management. Written by Roger Quick, author of Quick on …
Australasian Lawyer: Firms failing to review client satisfaction
This article was originally published in the Sept. 19, 2014 issue of Australasian Lawyer Thomson Reuters research has revealed some emerging concerns in the Australian legal market, including that 30 percent of the participants had never reviewed client satisfaction. The study questioned 132 senior fee-earning legal practitioners among medium to large firms across the country …
Victoria Police adopts best-in-class legal research technologies to improve prosecution outcomes in Australia
News from our friends in Australia this week: Victoria Police has adopted Thomson Reuters’ Westlaw AU and ProView services – delivered via tablet and desktop computer – to help its prosecuting officers better conduct legal research and determine strategies for effective presentation of cases. Noting the demands placed on prosecutors as a result of an …
Future-proofing your law firm
This article was written by James Boocock, general manager of Legal Solutions and future market trend specialist at Thomson Reuters in Australia. The article was originally published in the June edition of the Law Society Journal of New South Wales. For the legal practitioner, anticipating changes in the legal industry is crucial if you are to stay …
Westlaw AU launched for Australia
Westlaw AU, a new online legal research service for legal professionals in Australia has just launched. Westlaw AU offers content from case law and journals, legislation and commentary to precedents, encyclopaedia and news, as well as legal and tax information. Built upon Westlaw technology, Westlaw AU is developed specifically for Australian customers and is modeled after …
