ILTACON – the International Legal Technology Association’s annual conference – kicks off on Aug. 21, and Thomson Reuters will join industry experts and the legal community in National Harbor, Md., for peer-driven programs, educational content, and networking activities. The conference is an opportunity for attendees to collaborate on successful legal operation strategies for today’s transforming …
Filtered by tag:
LegalTech
Thomson Reuters Law Firm Financial Index: Technology Shines as a Growth Area
Despite gloomy headlines about the Thomson Reuters Q2 2022 Law Firm Financial Index, released earlier this week, the report findings saw “[a]reas of growth shine through,” including technology spending, as the Thomson Reuters Institute and others noted. The tech spending uptick was highlighted in Reuters Legal by reporter Karen Sloan: “Technology spending was also up …
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 …
Contract Lifecycle Management Capabilities Among New HighQ Features
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 …
“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 …
