Today Thomson Reuters and TPG announced that they have signed a definitive agreement for TPG to acquire a majority stake in Elite from Thomson Reuters. The investment will bring resources and focus to the legal financial and practice management business, enabling law firms to digitally transform and thrive. Legal Current is sharing details about the …
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Paul Fischer
Alternative Legal Services Providers 2023 Report: Reactions from the Legal Industry
“ALSPs have a greased runway to start soaking up business.” That’s among the reactions – this one from Above the Law’s Joe Patrice – to findings of the Alternative Legal Services Providers 2023 Report, released last week by the Thomson Reuters Institute; the Center on Ethics and the Legal Profession at Georgetown Law; and the …
- February 9, 2023
- Carrie Brooker
2023 Report on the State of the Legal Market: Feb. 21 Webinar
The 2023 Report on the State of the Legal Market explores the outlook for the year ahead, examining how factors including rising expenses, falling demand and productivity, shifting client outlooks, and inflation are shaping the industry. Since the report’s release in January, findings have sparked conversations as journalists, bloggers, and industry influencers weigh in on …
- February 6, 2023
- Carrie Brooker
2022 Highlights: Celebrating 150 Years of Customer Partnership and Innovation
As 2022 winds down, Legal Current is reflecting on the Legal Professionals business’s milestones from the year. Today we look back at Thomson Reuters commemorating 150 years of customer partnership and innovation in honor of the 1872 founding of John B. West Publisher and Book Seller. The organization founded in 1872 was the first iteration …
- December 21, 2022
- Carrie Brooker
Westlaw Precision: Behind the Scenes with Product Developers
After two years in the making, Westlaw Precision is earning positive reviews, including from Legal Dive’s Lyle Moran: “Westlaw Precision features a variety of new features to help attorneys vastly improve their legal research efforts.” The new version of Westlaw dramatically improves research speed and quality by enabling legal professionals to target precisely what they …
- October 3, 2022
- Carrie Brooker
AALL Milestone Moments: Commemorating 25 Years of KeyCite
AALL Milestone Moments: Commemorating 25 Years of KeyCite This weekend marked a milestone: the American Association of Law Libraries (AALL) Annual Meeting & Conference kicked off in-person for the first time in three years. Today Legal Current notes another AALL-related milestone; it’s the 25th anniversary of KeyCite, which was introduced at AALL’s annual meeting in …
- July 18, 2022
- Carrie Brooker
Webinar Will Offer In-Depth Look at Findings of Report on the State of the Legal Market
The legal industry’s intense talent war is driving up costs for firms, but the uptick in compensation isn’t decreasing record-high attorney turnover rates. Join Thomson Reuters and the Center on Ethics and the Legal Profession at Georgetown Law for an in-depth look at this and other findings of the 2022 Report on the State of …
- February 17, 2022
- Carrie Brooker
Discussing the Outlook for the Legal Industry
The legal industry continues to rebound from the effects of the pandemic, but much uncertainty still remains. The Thomson Reuters Peer Monitor Index hit a record high in the second quarter as demand returned to pre-pandemic levels or higher, and law firm profitability soared. But questions about the direction of the economy and global trade …
- October 7, 2021
- Leonard Lee
Thomson Reuters Legal SYNERGY2021: Spotlight on the Transformational Power of Technology
Legal, technology and finance professionals from law firms, government and corporate legal departments across the United States, Canada, UK and Europe joined the first-ever Thomson Reuters Legal SYNERGY conference last week. Today Legal Current reflects on highlights of the virtual event, which included three days of inspiring keynotes, informative educational sessions and CLE courses, and …
- June 11, 2021
- Carrie Brooker
Thomson Reuters 3E: Modernizing Law Firms and Supporting Their Profitability and Growth
The release of Thomson Reuters 3E 3.0 builds on legal professionals’ new ways of working, which are marked by an increase in the adoption and acceptance of advanced technologies and more models for the delivery of legal services. With cloud adoption accelerating, Thomson Reuters 3E features multiple enhancements and significant architectural changes to meet the …
- March 25, 2021
- Carrie Brooker