New contract lifecycle management (CLM) capabilities in HighQ are helping users leverage automation to strengthen workflow efficiencies, streamline contractual processes, and mitigate risk. Thomson Reuters introduced multiple enhancements to HighQ yesterday to help legal professionals better connect and simplify CLM workflows and gain full visibility across contract portfolios. Legal Current highlights how new HighQ features …
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“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 …
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 …
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 …
2021 Highlights: Practical Law Dynamic Tool Set
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 highlight the launch of Practical Law Dynamic Tool Set, which Thomson Reuters introduced in July. The tool set includes features in Practical Law that use AI and dynamic graphical navigation …
Significant Number of Top Lawyers Want Fewer Hours, Less Non-Billable Responsibilities
Nearly one in three lawyers would prefer to work fewer hours, according to findings of the Stellar Performance: Skills and Progressions 2021 Mid-Year Survey, recently released by Thomson Reuters. Nearly 1,200 stand-out lawyers in more than 50 countries participated in the survey; stand-out lawyers were identified by senior in-house counsel through the Thomson Reuters Sharplegal …
Practical Law Dynamic Tool Set Wins “Legal Research Innovation of the Year” Award
Yesterday Practical Law Dynamic Tool Set was announced as a 2021 LegalTech Breakthrough Award winner in the “Legal Research Innovation of the Year” category. The award recognizes standout legal technology companies, products and services around the globe. LegalTech Breakthrough’s international annual awards program, which attracted more than 1,300 nominations from more than 12 countries this …
Law Firm Business Leaders Report: Talent Wars Are Threatening Law Firm Profitability
Law firm business leaders are optimistic about their outlook but are increasingly concerned about rising competition for talent including how to acquire, retain, and pay staff. These are among the key takeaways of the 2021 Law Firm Business Leaders Report, released today by Thomson Reuters. Legal Current breaks down the report findings on what’s keeping …
ILTACON Insights: Thomson Reuters Company Update
The final day of ILTACON opened with a company update from Rawia Ashraf, vice president of Product Management, Thomson Reuters. Ashraf discussed how Thomson Reuters is shaping and responding to industry trends – including the uptick in legal tech spend, AI-driven products and hybrid workforces – as well as the organization’s transition from a content …
Thomson Reuters Legal Home: Insider’s Look at How It Started
There is a new starting point for your legal work – Thomson Reuters Legal Home. Legal Home is a free, integrated digital workspace that brings together key information along with solutions and services in one place, delivering a seamless connection to legal professionals’ necessary resources. Legal Home was borne of our deep understanding of our …