Legal departments are prioritizing workflow efficiency, cost controls, and technology use. These are among the findings of the 2023 Legal Department Operations Index, which noted legal departments are facing growing workloads, shrinking budgets, and a need to increase their use of technology. Legal Current shares top takeaways from the report. Legal departments are under pressure …
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Future of Professionals Report
Australian Law Firms Rally Despite Expense Growth Challenges
Australian law firms finished the second half of fiscal year (FY) 2023 strong, rebounding in the face of softening demand and rising expenses in the first half of the year. That’s among the takeaways from the 2023 Australia: State of the Legal Market Report, which examines Thomson Reuters Financial Insights data from 20 law firms …
Future of Professionals Report: Legal Professionals’ Optimism and Wariness Around AI
Our Future of Professionals Report reflects our history of partnering with legal professionals and our commitment to applying innovative technology that helps our customers better serve their clients. The report surveyed more than 1,200 professionals in legal, tax and accounting, global trade, and risk and compliance industries. Legal professionals’ perspectives in the report are what …
