Thomson Reuters is offering a free Russia Sanctions and Related Considerations Toolkit on Practical Law that includes a collection of resources across jurisdictions focused on sanctions and business interruptions caused by the situation in Ukraine. The toolkit is a collection of practice notes, standard documents and clauses, checklists, trackers, and other resources covering a range …
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Thomson Reuters Signs Agreement to Acquire ThoughtTrace
Thomson Reuters has signed a definitive agreement to acquire ThoughtTrace, a business providing a document understanding and contract analysis platform. ThoughtTrace, based in Houston, uses pre-trained artificial intelligence and machine learning capabilities developed by industry experts to read, organize, and manage business-critical document workflows for customers. As Thomson Reuters continues building an open, smart and …
Social Impact: Supporting Afghan Refugees Resettling in Minnesota
The Minneapolis-St. Paul campus of Thomson Reuters is honored to partner with the nonprofit organization Alight, which is leading response efforts in Minnesota to prepare move-in-ready homes for Afghan refugee families. Chris Kindler, Alight campaign director, said more than 1,300 Afghan refugees have arrived in Minnesota since August, which nearly quadrupled the number of Afghans …
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 …
Thomson Reuters Q4 2021 PMI: Strong Performance Tempered by Increasing Expenses
Last year closed with strong performance across key law firm metrics – including demand, rates, and productivity – but the positives were tempered by the intense talent war driving up compensation costs, according to the Thomson Reuters Peer Monitor Economic Index (PMI), released today. The fourth-quarter 2021 PMI, a composite index of law firm market …
It’s About More Than Money: Lawyers Want to Contribute to the Greater Good
Legal professionals in 2022 have different attitudes and expectations than they had before the pandemic for deciding whether to stay in their current positions or leave. As lawyers’ work preferences shift, an intense talent war is under way in the legal industry. A new Thomson Reuters survey, Finding purpose and having a social impact: Lawyers …
Attorneys Share How Their Work Provides a Sense of Purpose
Nearly 100% of lawyers say their work provides them with a significant sense of professional purpose. That’s among the key takeaways from Finding purpose and having a social impact: Lawyers and tax professionals speak out, a new survey from Thomson Reuters. The survey asked thousands of attorneys – those in law firms and in-house …
Thomson Reuters Introduces Westlaw UK Dockets
Westlaw UK Dockets, an enhancement including more than 230,000 court dockets, will be available on Westlaw Edge UK and Westlaw UK – and to Dockets subscribers in the United States – beginning Feb. 2. Initially, it will include dockets from the High Court, with additional UK courts’ proceedings added over time. A docket – a record …
Baker McKenzie, DLA Piper, and Clifford Chance Top the 2022 Global Elite Law Firm Brand Index
Baker McKenzie retained the top spot for the 12th consecutive year in the 2022 Global Elite Law Firm Brand Index, released today by Thomson Reuters. DLA Piper remained second on the list, while Clifford Chance jumped two spots to third place. The results reflect the value clients place on building strong relationships as well as …
Reactions to the 2022 Report on the State of the Legal Market
Last week, Legal Current shared the five key takeaways from the 2022 Report on the State of the Legal Market, which explored why law firms can’t just keep throwing money at the growing talent war. Today, we highlight takes from journalists, bloggers and industry influencers on the report findings. Many focused on the industry’s retention …
