Thomson Reuters recently hosted a Legal Geek takeover, a half day of virtual sessions on legal innovation, technology and trends. Among the highlights was the COVID-19 – Catalyst for Change session hosted by Elizabeth Duffy, senior director of Global Client Services for Thomson Reuters. The session explored how the pandemic has provided opportunities for corporate …
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COVID-19
2020 State of the Legal Market in Europe: Opportunities for Firms Willing to Adapt and Invest
Law firms across Europe had just one major challenge to overcome earlier this year: determining how to succeed in the post-Brexit market. Of course, the COVID-19 pandemic soon topped their list of challenges. To explore how European firms are addressing these twin pressures, Thomson Reuters examined extensive data from Sharplegal and Peer Monitor for the …
Drop in Demand for Law Firm Services Moderates in the Third Quarter: Peer Monitor Index
For many American law firms, the second quarter was an abrupt shock to the system. Yet it also provided ample time to chart a path forward, and firms did just that in the third quarter. The decline in demand for law firm services moderated in the third quarter as rates rose and firms took steps …
Oct. 14 Webinar: The Future of Equality, Inclusion and Diversity in the Legal Sector
The Thomson Reuters (TWLL) program will host the fourth webinar in its series focused on the evolving circumstances due to COVID-19 on Oct. 14. The series began in May to explore the practical methods for advancing gender equality and to help organizations support necessary cultural change. The series also examines the future of the legal …
COVID-19 & “Business Divorces”
The tremendous disruptions caused by COVID-19 may introduce a new term to the business lexicon: business divorce. Many privately-held and family-owned businesses may not have anticipated the kind of business and personal stressors being brought on by the pandemic. Lee Weinberg of Weinberg Gonser LLP discusses how “business divorces” may surge because of the COVID-19 …
Elections 2020: Voting Resources from Thomson Reuters
When, where and how to vote are top of mind as the U.S. counts down to the 2020 presidential election, along with many state and local elections. Thomson Reuters offers resources and expert analysis to provide trusted information around how to participate in the U.S. election and the laws that protect, and restrict, the right …
Legal Department Operations Index Reveals Staffing, Technology Changes Due to COVID-19
Findings of the latest Thomson Reuters Legal Department Operations (LDO) Index reveal 81% of legal departments surveyed have dedicated legal operations staff, up from 57%. It’s the first time the survey – now in its fifth edition – has seen a significant shift in how legal departments are operating. The report showed legal departments’ use of …
ILTA>ON 2020: Six Predictions From Richard Punt’s Keynote
Among the highlights of today’s ILTA>ON sessions was the keynote address delivered by Richard Punt, managing director of Legal Strategy and Market Development for Thomson Reuters. In his speech, After the Quake: Predictions for an Uncertain Legal Future, he explored the longer-term implications of the past few months for a legal market already in flux …
Demand for Law Firm Services Endures Largest Quarterly Drop Since 2009: Peer Monitor Index
The Q2 2020 Thomson Reuters Peer Monitor Economic Index (PMI) report showed the large law firm market struggled in the second quarter as a result of stay-at-home orders, court closures and broader economic slowdowns. The PMI dropped by six points to 51, with demand for law firm services enduring its largest quarterly drop since 2009, …
Voting and the Law: Resources from Thomson Reuters
The U.S. presidential election is four months away, and state officials are busy preparing for Election Day amid a pandemic. Thomson Reuters offers several resources and expert analysis on voting and the laws that protect, and restrict, the right to vote. Last week, Reuters journalist Andy Sullivan reported on mail-in voting, noting it’s expected to …