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Legal Current

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Legal Executive Institute

Do You Know What Your Corporate Clients Are Really Thinking?

Corporate clients may be evaluating outside counsel and shifting work more frequently than you might think.  A new survey from the Legal Executive Institute says more than half (58 percent) of corporate legal departments surveyed say they shift their legal work among law firms at least once every two years. Nearly one in five (18 …

  • December 13, 2017
  • Leonard Lee

Corporate Legal Department Operations Forum 2017 – Insights from Josh Kubicki

The investment by each party into the law firm-client relationship is imperative to its success and legal department operations professionals understand there is a need for additional business rigor between the firm and the business. Josh Kubicki, chief strategy officer at Seyfarth Shaw, discusses this landscape and concepts from the panel “Examining Innovation in the …

  • October 3, 2017
  • Alex Cook

Corporate Legal Department Operations Forum 2017 – Insights from Mark Haddad

Corporate legal departments continue to face pressure surrounding budgets, bandwidth and efficient processes. A panel focusing on that at the Thomson Reuters Corporate Legal Department Operations Forum gathered to discuss the ideas of how to become less of a cost center, a better business partner, leveraging alternative legal service providers and more. Mark Haddad, head …

  • October 3, 2017
  • Jeff McCoy

Corporate Legal Department Operations Forum 2017 – Insights from Rob Gitell

Rob Gitell, senior director, Thomson Reuters Legal Tracker, recapped his presentation from the Thomson Reuters Corporate Legal Department Operations Forum. Gitell shared some data from the inaugural Thomson Reuters Legal Tracker LDO report release in May 2017 along with a sneak peek into a few data points from the upcoming October release of the report, …

  • October 2, 2017
  • Alex Cook

Highly Successful Law Firms Have Greater Business Development, Marketing and Technology Focus

Some law firms have been able to notably outperform their peers even though the overall large law firm market is experiencing flat to little growth. A new report from the Thomson Reuters Legal Executive Institute suggests that investments in areas such as business development, marketing and technology may be a key factor defining the higher-performing …

  • September 6, 2017
  • Leonard Lee

David Curle Talks ALSPs at CLOC 2017

At the CLOC Institute in Las Vegas this week, David Curle of Thomson Reuters Legal Executive Institute presented the results of the Institute’s Study of Alternative Legal Service Providers (ALSPs). Curle appeared on a panel with Byron Buck, senior corporate counsel and manager of Law Practice Management, Caterpillar Inc. and Lisa Brzycki, head of Legal …

  • May 12, 2017
  • Alex Cook

FutureLaw 2017 Recap

Last week, the Codex FutureLaw 2017 Conference was held at Stanford Law School in California, where some 200 attendees gathered to discuss the impact of technology on the legal space. Thomson Reuters own David Curle, and noted legal journalist Monica Bay, were on-hand and shared some of what they saw with the Legal Executive Institute …

  • April 14, 2017
  • Alex Cook

Competition, Innovation & the Death of the Billable Hour

The billable hour model of decades past where firms experienced little pushback on rates or number of hours spent is effectively dead, and the traditional law firm franchise is increasingly at risk. Law firms must either find ways to effectively adapt to these and other evolving competitive conditions or risk further erosion of their market …

  • January 12, 2017
  • Leonard Lee

2nd Annual CCLF – Opening Salvos: A General Counsel’s Guide to Pricing Negotiations

How can I get more out of less? We all feel the pressure, not just in our professional, but also in our personal lives. Our push as individuals and professionals to maximize the output of finite resources is quite simply the way of the world. And it should not surprise us that our legal professional …

  • November 18, 2016
  • Alex Cook

2nd Annual CCLF Panel – Beyond Borders: Building Strategic Outsourcing Initiatives from the General Counsel’s Office

Outsourcing is a topic of conversation that emerges at nearly every legal conference. While early conversations approached the topic with caution, a growing chorus of legal professionals view outsourcing – and even the inclusion of non-legal professionals – as a reliable, necessary component of their practice. A breakout session at the second annual Corporate Counsel …

  • November 17, 2016
  • Jeff McCoy
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Stop the Great Resignation: Strategies to Minimize Law Firm Turnover

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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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