Despite challenging conditions, Australian law firms continue to grow and outperform their global counterparts. These are among the findings of the 2022 Australia: State of the Legal Market Report, released today by the Thomson Reuters Institute. The report found Australian law firms performed so well in fiscal year (FY) 2022 that the market may serve …
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ILTACON 2022: How Sophisticated Sellers of Legal Services are Normalizing Alternative Pricing Models
A highlight of Day One of ILTACON included the Becoming a Sophisticated Seller of Legal Services – Normalizing Alternative Pricing Models panel with Bill Josten, senior manager, Enterprise Content – Legal, Thomson Reuters Institute. He was joined by Kofi Mundy-Castel, solution specialist & product owner, Fulcrum GT; Sharon Scenna, senior solutions management director, Intapp; and …
- August 26, 2022
- Carrie Brooker
ILTACON 2022: What Legal Professionals Need to Know About Blockchains
A highlight of Day One of ILTACON included the session Blockchain – Are You Prepared for DeFi, NFTs, and DAOs? with Joe Raczynski, manager, Technical Innovation Services. The session provided a blockchain overview and explored cryptocurrencies, smart contracts, decentralized finance, and non-fungible tokens (NFTs). Legal Current had the opportunity to talk with Raczynski after his …
- August 23, 2022
- Carrie Brooker
Thomson Reuters Celebrates 150 Years: Three Essentials for Customer Partnership and Innovation
As Thomson Reuters commemorates a century and a half of partnering with and innovating for legal professionals, Legal Current explores the legacy John B. West bestowed on the company. When John B. West Publisher and Book Seller was founded in 1872, it marked the first iteration of what later become West Publishing Company, and eventually, …
- August 22, 2022
- Carrie Brooker
Thomson Reuters Celebrates 150 Years: 10 Recent Innovation Milestones
Thomson Reuters is marking a century and a half of customer partnership and innovation since the founding of John B. West Publisher and Book Seller in 1872. After revisiting the company’s innovation milestones from 1872 to 1998, today Legal Current features innovative highlights from 2000 to the present. 2000 – Westlaw UK launch marks globalization of …
- August 19, 2022
- Carrie Brooker
ILTACON 2022: Join Thomson Reuters for Successful Strategies for Transforming the Legal Industry
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 …
- August 15, 2022
- Carrie Brooker
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 …
- August 8, 2022
- Carrie Brooker
World Day Against Trafficking: Thomson Reuters Teams Up with the Organization for Security and Cooperation in Europe to Support Ukrainians
Thomson Reuters is joining forces with the Organization for Security and Cooperation in Europe (OSCE) on a Be Safe website that provides critical information and advice to help Ukrainian refugees spot the warning signs of human traffickers, minimize the risks, and get assistance. Millions of Ukrainians continue to flee to other countries due to the …
- July 29, 2022
- Carrie Brooker
Drone Law Explores Regulations Around Rapidly Evolving Technology
Amid rapid expansion in both commercial and recreational drone operations, a new publication from Thomson Reuters examines the range of legal issues surrounding unmanned aerial systems. Drone Law offers comprehensive, up-to-date coverage and analysis of federal statutes and regulations; Federal Aviation Administration (FAA) guidelines; and state and local laws. “Drones are becoming integral parts of …
- July 20, 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