Amid stiff competition for legal talent, culture is king. That’s among the key takeaways from the 2022 Stellar Performance report, which explores how engagement, culture, and compensation shape law firms’ talent strategies. Released yesterday by Thomson Reuters Institute, the report features findings from a survey of nearly 2,500 “stand-out” lawyers in 60 countries, 89% of …
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2021 Highlights: Law Firm Talents Wars
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 look at three recent thought-leadership reports that provided insights into how law firms are handling the rising competition for talent: the 2021 Law Firm Business Leaders Report, the Q3 2021 …
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 …
ILTACON Insights: Prioritizing Mental Health and Wellbeing in the Legal Profession
A highlight on Day Two of the ILTACON conference included the panel discussion Mental Health and Work/Life Balance: Tools and Techniques to Avoid Burnout. Panelists, including Nita Cumello, global client director, Thomson Reuters, discussed prioritizing mental health and wellbeing in the legal industry. Legal Current had the opportunity to talk with Cumello after the panel, …
Insights from the Thomson Reuters Legal Geek Takeover: COVID-19 – Catalyst for Change
Thomson Reuters recently hosted a Legal Geek takeover, a half day of virtual sessions on legal innovation, technology and trends. Among the highlights was the COVID-19 – Catalyst for Change session hosted by Elizabeth Duffy, senior director of Global Client Services for Thomson Reuters. The session explored how the pandemic has provided opportunities for corporate …