The large law firm market saw a substantial recovery in the second quarter from the economic impact of the last year, with demand for law firm services rising above pre-pandemic levels. With rates remaining high, and many overhead expenses continuing to shrink, the Thomson Reuters Peer Monitor Economic Index (PMI), a composite index of law …
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Thomson Reuters Peer Monitor Index: Historic Highs and Lows of Law Firm Market Performance
Thomson Reuters will issue the Q2 2021 Peer Monitor Economic Index (PMI) report on Aug. 9, marking the first full-year report since the COVID-19 pandemic hit. Issued quarterly since 2006, the reports explore law firm market performance using real-time data drawn from major law firms, examining drivers of law firm profitability, including rates, demand, productivity …
- August 5, 2021
- Carrie Brooker
Books for Africa and Thomson Reuters: 108 Law Libraries Delivered and Counting
This guest post was written by John Elstad, head of Content Transformation at Thomson Reuters, who shares an update on the company’s partnership with Books for Africa. Thomson Reuters has a long-standing relationship with Books for Africa as part of our ongoing commitment to access to justice and the global rule of law. Today I’m …
- August 2, 2021
- Carrie Brooker
Product Development Spotlight: Collaborating with Customers on Practical Law Dynamic Tool Set
For more than two years, a global Thomson Reuters team of product managers, legal editors, data scientists, UX professionals, software engineers and architects worked closely with customers on Practical Law Dynamic Tool Set. Following this month’s launch, Legal Current caught up with some Practical Law leaders who guided product development efforts for their perspectives on …
- July 28, 2021
- Carrie Brooker
Feature Breakout: Practical Law Dynamic Tool Set – Knowledge Map and Quick Compare
As Legal IT Insider Editor Caroline Hill noted in reporting on Practical Law Dynamic Tool Set last week, it “includes five new features including semantic search – a departure for the first time from key word search, meaning it will surface the most relevant content more quickly.” Legal Current is doing deep dives on the …
- July 20, 2021
- Carrie Brooker
Practical Law Dynamic Tool Set: What’s Your Favorite Feature?
Today Thomson Reuters introduced Practical Law Dynamic Tool Set, features in Practical Law that use AI and dynamic graphical navigation to help legal professionals work better and with greater confidence. Legal professionals have long turned to Practical Law for expert, attorney-authored resources to quickly find answers they can trust. With Dynamic Tool Set, users can …
- July 12, 2021
- Carrie Brooker
Legal Geek North America: Thomson Reuters Insights on KPIs
Legal Geek North America is under way, virtually, covering a broad range of topics in legal innovation. A hot topic at the conference was the session How to Use KPIs to Measure Success and Identify Issues, presented by Greg Nilsen, manager of Product Management for Thomson Reuters. Legal Current had the opportunity to talk with …
- June 22, 2021
- Carrie Brooker
WomenTech Global Conference: Insights from Thomson Reuters Women Leading Legal Tech
Several Thomson Reuters leaders participated in last week’s WomenTech Global Conference, a virtual conference uniting 100,000 women in tech to foster innovation. Among the Thomson Reuters presenters at the event were: Rawia Ashraf, vice President of Product – Legal Practice and Productivity, who discussed the importance of product and technology teams sharing the same vision …
- June 18, 2021
- Carrie Brooker
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 Legal SYNERGY2021: Emerging Technology and its Impact on the Legal Industry
The Thomson Reuters Legal SYNERGY user conference is in the final stretch, where legal professionals from the U.S., Canada, the UK and Europe have gathered virtually for product sessions and continuing legal education as well as opportunities to network with peers and hear from fascinating guests. Throughout the conference, Legal Current is sharing presenters’ SYNERGY …
- June 3, 2021
- Carrie Brooker