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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 …

  • January 18, 2022
  • Carrie Brooker

2021 Highlights: Accelerated Growth of Alternative Legal Service Providers

With only a few days remaining in 2021, 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 Alternative Legal Service Providers: 2021 Report, which found that ALSPs expanded to achieve a nearly $14 billion market share globally this year. The report …

  • December 28, 2021
  • Carrie Brooker

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 …

  • December 15, 2021
  • Carrie Brooker

2021 Highlights: Can Law Firms Retain Talent in a Cooling Legal Market?

With the year winding down, Legal Current is looking back at the milestones and key accomplishments from the Legal Professionals business of Thomson Reuters. Today we highlight a recent episode of Law.com’s Legal Speak podcast that featured ALM Business of Law Reporter Andrew Maloney talking with Bill Josten, manager of enterprise content for Thomson Reuters. …

  • December 14, 2021
  • Carrie Brooker

2021 Highlights: Law Firm Talents Wars

As 2021 winds down, Legal Current is looking back at the milestones and key accomplishments from the Legal Professionals business of Thomson Reuters. Today we look at three recent thought-leadership reports that provided insights into how law firms are handling the rising competition for talent: the 2021 Law Firm Business Leaders Report, the Q3 2021 …

  • December 9, 2021
  • Carrie Brooker

2021 Highlights: Peer Monitor Insights into Law Firm Performance and Recovery

As 2021 comes to a close, 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 quarterly Peer Monitor Economic Index reports through the first three quarters of 2021 and the insights they provided into how law firms are recovering …

  • December 2, 2021
  • Carrie Brooker

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 …

  • August 16, 2021
  • Carrie Brooker

Thomson Reuters Peer Monitor Index: Historic Highs and Lows of Law Firm Market Performance

Thomson Reuters will issue the Q2 2021 Peer Monitor Economic Index (PMI) report on Aug. 9, marking the first full-year report since the COVID-19 pandemic hit. Issued quarterly since 2006, the reports explore law firm market performance using real-time data drawn from major law firms, examining drivers of law firm profitability, including rates, demand, productivity …

  • August 5, 2021
  • Carrie Brooker

2020 Highlights: Peer Monitor Insights on Law Firm Performance in the Pandemic

With an unprecedented and tumultuous year winding down, Legal Current is revisiting how Thomson Reuters thought-leadership reports tracked the progress of the law firm market during 2020. The year kicked off with the 2020 Report on the State of the Legal Market, one of several studies Thomson Reuters publishes throughout the year drawing on Peer …

  • December 21, 2020
  • Carrie Brooker

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 …

  • March 6, 2019
  • Carrie Brooker

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Thomson Reuters Risk & Fraud Solutions

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Press Releases

Anti-Money Laundering Compliance Leaders Addressing New Requirements with Technology, Staff
MINNEAPOLIS-ST. PAUL, October 24, 2018 – The commencement of anti-money laundering (AML) requirements for financial institutions issued in May 2018 has caused increasing numbers of firms to shift their... Read more ...
Oct 24, 2018
Thomson Reuters Unveils New Legal Research Platform with Advanced AI: Westlaw Edge
MINNEAPOLIS-ST. PAUL, July 12, 2018 – Thomson Reuters today introduced Westlaw Edge, the latest advancement in legal research, providing legal professionals with the next generation of AI-driven legal search,... Read more ...
Jul 12, 2018
Thomson Reuters Legal Tracker LDO Index Notes Budget Squeeze, Prioritization of Cost Controls and Technology
Report details focus on legal operations, workload increase EAGAN, Minn. June 25, 2018 – For many corporate legal departments, budgets are not keeping up with the growing volume of... Read more ...
Jun 25, 2018

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