Amid stiff competition for legal talent, culture is king. That’s among the key takeaways from the 2022 Stellar Performance report, which explores how engagement, culture, and compensation shape law firms’ talent strategies. Released yesterday by Thomson Reuters Institute, the report features findings from a survey of nearly 2,500 “stand-out” lawyers in 60 countries, 89% of …
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Thomson Reuters Law Firm Financial Index Q1 2022: Three Takeaways
Law firms will be challenged to surpass the high bar set in 2021, according to findings of the Q1 2022 Law Firm Financial Index, released today by Thomson Reuters. The index, powered by Peer Monitor/Financial Insights, showed law firm growth in demand and rates were no match for surging expenses. Legal Current shares top takeaways …
- May 9, 2022
- Carrie Brooker
Three Takeaways from the 2022 Dynamic Law Firms Report
Top-performing law firms are aggressively investing in their people and their culture to help achieve sustainable growth, according to the 2022 Dynamic Law Firms Report. Released today by Thomson Reuters, the report identifies factors that distinguish high-growth firms – Dynamic firms – from those that are challenged to keep up with the rest of the …
- March 14, 2022
- Carrie Brooker
New York Insurance Letter on Compensation for Insurance Professionals
Although “insurance agent” and “insurance broker” sound like similar job titles with similar duties and responsibilities, there are important differences between the two roles. Insurance agents are agents of the insurance company; they perform specified duties on the company’s behalf. Insurance brokers, on the other hand, are agents of the insurance buyer. Brokers owe these …
- July 3, 2018
- Alex Cook
Thomson Reuters hosts Law Firm COO and CFO Forum
Thomson Reuters hosted the 12th annual Law Firm COO and CFO Forum in New York on Oct. 24-25. The conference is designed to give law firm COOs and CFOs a platform to convene and discuss economic and professional headwinds affecting the business of law. In advance of the conference, attendees had the opportunity to participate …
- October 31, 2013
- Jeff McCoy