Complying with growing global regulatory complexity represents the biggest legal threat to businesses, according to the 2023 State of the Corporate Law Department report from the Thomson Reuters Institute. The report found that 28% of global law departments cite frequency and complexity of regulatory changes as the biggest anticipated risk to their business. Legal Current …
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litigation
UK Supreme Court Dockets on Westlaw: Five Key Takeaways
Thomson Reuters is providing legal professionals with more comprehensive coverage of UK courts and access to real-time updates, expert editorial case analysis, and content sets unique to Westlaw UK. Available March 22, the addition of UK Supreme Court Dockets on Westlaw will give legal researchers easier access to High Court and Supreme Court proceedings, integrated …
- March 16, 2023
- Carrie Brooker
Three Ways to Use Litigation Analytics for Companies on Westlaw
Thomson Reuters is enhancing Westlaw with the addition of Litigation Analytics for Companies, providing advanced capabilities to efficiently search and analyze litigation trends by company or industry. Litigation Analytics on Westlaw Precision and Westlaw Edge already provides docket analytics – drawn from federal and state courts – on judges, courts, damages, attorneys, law firms, and …
- October 19, 2022
- Carrie Brooker
2019 Highlights: The $10B Alternative Legal Service Providers Market
As 2019 winds down, Legal Current is revisiting milestones and key accomplishments from the Legal business of Thomson Reuters this year. Today we look at the “Alternative Legal Service Providers 2019: Fast Growth, Expanding Use and Increasing Opportunity” report – more commonly known as the ALSP Report. Released in January, the report highlights how the …
- December 23, 2019
- Carrie Brooker
2019 Highlights: Westlaw Edge Quick Check
As 2019 winds down, Legal Current is revisiting milestones and key accomplishments from the Legal business of Thomson Reuters this year. Today, we look at the impact of the Westlaw Edge Quick Check launch. In July, Westlaw Edge Quick Check became the latest addition to the Westlaw Edge legal research suite. The sophisticated artificial intelligence-based …
- December 16, 2019
- Carrie Brooker
Strength in Large Law Firm Market Lifts Peer Monitor Index
Continued strength in the large law firm market boosted the Thomson Reuters Peer Monitor Index (PMI) in the third quarter. Stronger demand and productivity offset a slight easing in rate growth and a jump in direct expenses. The PMI rose one point to 63. Demand for large law firm services rose 1.9% – the best …
- November 12, 2018
- Leonard Lee
Infographic: Is Litigation Back for Big Law?
Litigation remains the largest single practice law for large law firms, despite a steady decline in demand in recent years. Steady decline, that is, until this year. Litigation is seeing a pickup in demand so far in 2018. What is driving this demand? Is litigation back? Or is it just a temporary blip? This new …
- November 6, 2018
- Leonard Lee
Does Remand of Cases From an MDL Indicate Failure?
The predominant view of mass tort multidistrict litigation (MDL) proceedings, up to now, has been that the sojourn of the cases to the transferee court should end with the resolution of the litigation, most commonly with a national settlement. For the most part, the supervising judge is usually under considerable peer pressure not to send …
- April 4, 2017
- Alex Cook
Declining Litigation Demand May Be Due to Client Pressure, Latest Data Shows
Litigation demand – long-seen in steady decline over the past several years – may actually be a more complicated issue, with client push-back on billing playing a larger role in falling demand numbers than any actual decline in the number of litigation actions, according to a new report by the Legal Executive Institute and Thomson …
- September 21, 2016
- Alex Cook
PMI holds steady
The Peer Monitor Economic Index (PMI) was unchanged for the second consecutive quarter, holding steady at 54 in Q2. Slightly higher demand was offset by weak rate growth and falling productivity. Demand for large law firm services rose 0.4% during the second quarter – while it was the sixth consecutive quarterly gain, it was also …
- August 5, 2015
- Leonard Lee