Last week Thomson Reuters released the Q2 2021 Peer Monitor Economic Index (PMI), a composite index of law firm market performance, with a record high of 84 points – a 22-point jump and the biggest quarterly increase in the history of Peer Monitor. The report explored the factors and trends contributing to the rating, including …
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Thomson Reuters Legal Home: Saving Time and Streamlining Users’ Workflows
Working with our customers ahead of launching Thomson Reuters Legal Home, we knew it needed to be easy to use as well as provide a single point of access to the information and tools necessary to streamline their work. Legal Home delivered on that mandate by bringing together key integrations, including HighQ, Practical Law, Westlaw, …
Thomson Reuters Legal Home: Insider’s Look at How It Started
There is a new starting point for your legal work – Thomson Reuters Legal Home. Legal Home is a free, integrated digital workspace that brings together key information along with solutions and services in one place, delivering a seamless connection to legal professionals’ necessary resources. Legal Home was borne of our deep understanding of our …
Thomson Reuters Peer Monitor Index Hits Record High as Law Firm Profitability Soars
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 …
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 …
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 …
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 …
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 …
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 …
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 …
