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Legal Current

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law firms

State of the Legal Market Report: Predicting the Factors That Will Shape 2023

Ahead of the 2023 Report on the State of the Legal Market – the annual report issued jointly by the Center on Ethics and the Legal Profession at Georgetown Law and the Thomson Reuters Institute – Legal Current is looking back at the trends that shaped the industry in 2022. The 2023 report, which Thomson …

  • January 3, 2023
  • Carrie Brooker

Security Concerns, Economic Pressures Are Biggest Threats to Law Firm Profitability

Security concerns and economic pressures have displaced competition for talent as the biggest threats to law firm profitability, according to the 2022 Law Firm Business Leaders Report from Thomson Reuters and the Georgetown Law Center on Ethics and the Legal Profession, and True Value Partnering Institute. The report explored the top risks to law firm …

  • November 17, 2022
  • Carrie Brooker

Fourth Consecutive Quarter of Decline for Thomson Reuters Law Firm Financial Index

Law firm profitability continues to slide due to an inevitable cooling off in demand and a rebound in expenses, according to findings of the Q2 2022 Law Firm Financial Index, released today by Thomson Reuters. Powered by Peer Monitor/Financial Insights, the index fell for a fourth consecutive quarter – the longest such slide in its …

  • August 8, 2022
  • Carrie Brooker

“Moments of Delight:” Product Design and Practical Law Dynamic Tool Set

Erica Kitaev, senior director, Product Management, Thomson Reuters, explored what it means to delight customers with Caden Damiano in The Way of Product Design podcast. They discussed how emotion and sentiment can be indicators of product success in the latest episode. Kitaev draws on her experience as a law firm partner to design products for …

  • May 25, 2022
  • Carrie Brooker

Should I Stay or Should I Go? Insights on Law Firms and Lawyer Retention

Clear opportunities for career growth and supportive firm management outweigh compensation and workload for attorneys deciding whether to remain at their current firms or pursue other opportunities. That’s among the findings of the Law Firms Competing for Talent in 2022: Will Lawyers Stay or Will They Go? report published today by the Center on Ethics …

  • April 21, 2022
  • Carrie Brooker

Mainland Europe’s Top Law Firms Brands in 2022

Baker McKenzie secured the top spot in the Mainland Europe Brand Index for the fourth consecutive year. It was the only firm in the top 10 to maintain its position from last year. Clifford Chance clinched second place, rising two spots from last year’s index. Allen & Overy ranked third, jumping three spots from last …

  • April 13, 2022
  • Carrie Brooker

Top 20 UK Law Firm Brands in 2022  

For the first time, Clifford Chance topped the UK Law Firm Brand Index. Compiled annually by Thomson Reuters, the 2022 index saw considerable reshuffling among the top 10 brands. Clifford Chance rose from the ninth spot in last year’s index to clinch the top spot. Eversheds Sutherland kept its second-place position, the only firm in …

  • April 6, 2022
  • Carrie Brooker

Top 20 U.S. Law Firms Brands in 2022

A new firm tops the U.S. Law Firm Brand Index this year: Latham & Watkins. Compiled annually by Thomson Reuters, the 2022 index saw considerable reshuffling among the top 10 brands. Kirkland & Ellis sits in the second spot, and Skadden rose to the third spot. Ranking fourth is Baker McKenzie, which rose five spots …

  • March 30, 2022
  • Carrie Brooker

Trending

  • Generational Tensions Rise at Law Firms: The Morning Minute
    Source: Law.com feed Published Mon, Feb 2023
  • Generational Tensions Rise as Law Firms Move to Post-Pandemic Mode
    Source: Law.com feed Published Mon, Feb 2023
  • Why This Attorney Wants Litigators To Look Harder at Cases Against Corporations
    Source: Law.com feed Published Fri, Feb 2023
  • Business Owner Agrees to $125K Settlement for Purported Legal Threats Over Negative Customer Reviews
    Source: Law.com feed Published Fri, Feb 2023
  • Veteran Lawyer's Inaction on Attorney Fee Dispute Case Leads to Disbarment
    Source: Law.com feed Published Fri, Feb 2023

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Thomson Reuters Risk & Fraud Solutions for Corporations

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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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