In honor of International Women’s Day, Legal Current talked with Thomson Reuters female leaders with roles in the legal and technology spaces to get their perspectives on the progress made in these fields and changes still needed. For context, Thomson Reuters research in Law Firms Competing for Talent in 2022 showed women associates are among …
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2023 State of the Courts Report: How Thomson Reuters Case Center Is Reducing Delays and Backlogs
U.S. courts were forced to modernize during the pandemic, but the 2023 State of the Courts Report found that continued investment in digitalization is needed to prevent that progress from eroding. The Thomson Reuters report revealed how the U.S. court system is plagued by delays, backlogs, and workforce shortages – underscoring how further modernization is urgently …
Thomson Reuters Expands Support of the SALI Open Standard
Open standards are essential for driving innovation in the legal space and for enabling legal professionals to deliver high-quality service to their clients. They’re essential to the future of law as legal professionals look to operate more efficiently, seamlessly collaborate with colleagues and clients, and make the most of advanced technologies and legal data. Thomson …
2023 Report on the State of the Legal Market: Reactions from the Legal Industry
Journalists, bloggers, and industry influencers are interpreting findings of the 2023 Report on the State of the Legal Market, issued last week by the Thomson Reuters Institute and the Center on Ethics and the Legal Profession at Georgetown Law. They’re focusing on findings showing a drop in demand for services, an uncertain economic outlook, lower …
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 …
2022 Report on the State of the Midsize Legal Market: Four Takeaways
Midsize firms are seeing a resurgence in demand growth by positioning themselves as strategic alternatives to larger firms. That’s among the findings of the 2022 Report on the State of the Midsize Legal Market from the Thomson Reuters Institute. Legal Current shares top takeaways from the report, which found competitive rates and cost structure are …
Australian Law Firms Continue to Grow and Outperform Global Counterparts
Despite challenging conditions, Australian law firms continue to grow and outperform their global counterparts. These are among the findings of the 2022 Australia: State of the Legal Market Report, released today by the Thomson Reuters Institute. The report found Australian law firms performed so well in fiscal year (FY) 2022 that the market may serve …
ILTACON 2022: What Legal Professionals Need to Know About Blockchains
A highlight of Day One of ILTACON included the session Blockchain – Are You Prepared for DeFi, NFTs, and DAOs? with Joe Raczynski, manager, Technical Innovation Services. The session provided a blockchain overview and explored cryptocurrencies, smart contracts, decentralized finance, and non-fungible tokens (NFTs). Legal Current had the opportunity to talk with Raczynski after his …
Thomson Reuters Celebrates 150 Years: Three Essentials for Customer Partnership and Innovation
As Thomson Reuters commemorates a century and a half of partnering with and innovating for legal professionals, Legal Current explores the legacy John B. West bestowed on the company. When John B. West Publisher and Book Seller was founded in 1872, it marked the first iteration of what later become West Publishing Company, and eventually, …
Thomson Reuters Celebrates 150 Years: 10 Recent Innovation Milestones
Thomson Reuters is marking a century and a half of customer partnership and innovation since the founding of John B. West Publisher and Book Seller in 1872. After revisiting the company’s innovation milestones from 1872 to 1998, today Legal Current features innovative highlights from 2000 to the present. 2000 – Westlaw UK launch marks globalization of …
