In this final of a three-part series on the 2023 State of U.S. Small Law Firms: A Year of Change report, we look at how law firms are increasingly turning to technology to help them tackle challenges they face in today’s legal landscape. From improving efficiency to reducing costs, technology is playing an increasingly important …
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Small Law Firms
Small Law Firms: Challenges and Progress
Small law firms face a number of challenges and the 2023 State of U.S. Small Law Firms: A Year of Change report provides some insights into both the scope of these challenges and how firms are responding to them. A major headache continues to be finding the right balance between practicing law and handling administrative …
2022 Report on the State of U.S. Small Law Firms: Five Takeaways
Small law firms are increasingly optimistic about their growth outlook, according to the 2022 Report on the State of U.S. Small Law Firms Thomson Reuters. The report found small law firms anticipate challenges ahead yet expect growth over the next 12 months and next three years. Legal Current shares key takeaways from the report, which …
2020 Highlights: Strategies Small Law Firms Are Using to Overcome Challenges
With the year winding down, Legal Current is revisiting 2020 milestones and key accomplishments from the Legal business of Thomson Reuters. Today we look at the challenges facing small law firms and the Thomson Reuters 2020 State of U.S. Small Law Firms report, which highlighted some of the strategies firms are using to overcome them. The report …
Small Law Firms Find Challenges, Opportunities in Current Market – 2020 State of the US Small Law Firms Report
Small law firms have had to endure not only the impact of the COVID-19 pandemic on the legal market, but also the additional challenges of being a small business during the current conditions. The 2020 State of the U.S. Small Law Firms Report looks at how small firms are faring against the recent challenges. Mark …
Firm Central Adds New Features
If you haven’t had a chance to take a look at Firm Central lately, you may have missed out on some interesting new features. The most recent is the addition of an integrated time & billing module that works within the Firm Central dashboard and also intregates with QuickBooks Online. But there’s also been quite …
Thomson Reuters Legal Professional Online Community for small law firms
As you may have heard, Thomson Reuters recently launched a community for its small law firm customers. The Legal Professional Online Community is an online environment where customers can connect directly with peers, as well as with Thomson Reuters and industry experts, and explore and discuss small law firm-specific subjects and topics. The Legal Community …
Karl Florida on the Legal Tech Open Innovation Challenge
The 2015 Legal Tech Open Innovation Challenge began this week, and things are off to a great start so far! Sponsored by Thomson Reuters and CodeX – The Stanford Center for Legal Informatics – and hosted by InnoCentive, this competition is an open call for legal professionals, programmers, entrepreneurs, data scientists and any other interested …
Free eBook from FindLaw: Legal Marketing 101
Successfully marketing your legal services is one of the most challenging aspects of managing a law firm. For your marketing efforts to be successful and sustainable over time, you need an understanding of some fundamental concepts. That is why FindLaw just released Legal Marketing 101: A Guide for Small Law Firms. This free eBook will introduce you …
Karl Florida weighs in on Firm Central launch
This week marks the launch of Firm Central, the only online practice management solution for solo and small firms that connects legal research, drafting, matters, contacts, calendar, and more. Firm Central was designed to be tightly targeted to what customers are saying they need. In the video clip below, Karl Florida, managing director of Small …
