Thomson Reuters Insights recently conducted an interview with Australian expert lawyer and law firm marketer, Dan Toombs. In the interview, he discusses the four Ps all law firms, large or small, should be focusing on to ensure they have a strong online presence for ongoing business development. The interview was completed after Toombs’ recent discussion on …
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FantasySCOTUS – Rise of the Machines? Introducing {Marshall}+
The United States Supreme Court is one of the pinnacles of human wisdom and judgment. But when it comes to predicting the High Court’s decisions, can a machine do better than the wisdom of crowds? The interesting new participant in this term’s FantasySCOTUS tournament is {Marshall}+ – a sophisticated predictive algorithm that will match “his” …
- November 18, 2014
- Susan Martin
The benefits of a defined in-house strategy
This post was written by Sirin Torpis, regional field manager at Thomson Reuters What do Amazon.com, Outlook, and the iPhone all have in common? They are all disruptive technologies. Amazon’s online shopping forum has changed the means through which consumers buy goods and read books – from brick-and-mortar shops and shopping malls and bookstores to …
- November 17, 2014
- Jeff McCoy
Podcast: America Invents Act, three years later
The America Invents Act marked the most significant change in US patent law in the last 50 years. The historic provisions have impacted patent filings and patent litigation, as well as non-practicing entities or “patent trolls” as they are commonly known. Bernie Knight was general counsel for the U.S. Patent and Trademark Office when the …
- November 14, 2014
- Leonard Lee
Law Firm Leaders Forum: Changing model of legal education and career development
Throughout last week’s 19th annual Law Firm Leaders Forum hosted by Thomson Reuters, there was discussion about the evolving legal market and how lawyers and firms must adapt. As lawyers are being forced to think and perform in a new capacity than in previous decades, the way students are being educated and trained has to …
- November 13, 2014
- Jeff McCoy
The next legal era: Artificial intelligence and cognitive computing
We are on the cusp of a new era in computer technology. What could possibly connect rapid automated legal decisions, systematized stack ranked medical diagnosis, and never created scrumptious food recipes? At the IBM Cloud Innovation Forum last week in Dana Point, CA, Mike Rhodin, senior vice president of IBM Watson, connected the three with …
- November 13, 2014
- Joe Raczynski
Thomson Reuters steps up international expansion plans for Serengeti Tracker
Thomson Reuters has stepped up its plans for the international expansion of Serengeti Tracker with the introduction of servers at its state-of-the-art data centre facility in the UK. The investment in the UK facility provides a comprehensive hosting service for Serengeti’s customers around the world and underscores the company’s commitment to the corporate legal sector. …
- November 12, 2014
- Paul Sandell
Law Firm Leaders Forum: Large law firm model health check
Large law firms, and the legal industry, have seen a significant impact on economic performance over recent years magnified by the Great Recession. As many firms and legal service providers continue to adapt, some have dissolved while others have thrived. At the 19th annual Law Firm Leaders Forum hosted by Thomson Reuters last week, a …
- November 12, 2014
- Jeff McCoy
Special report: City of London law firms embracing innovation
A new report released today by Legal Futures in association with Thomson Reuters, examines the changing face of law firms in the City of London. It demonstrates how far City law firms have moved in a relatively short period of time, mainly (but not exclusively) in response to the recession and the demands of their clients. …
- November 11, 2014
- Paul Sandell
Law Firm Leaders Forum: Ten suggestions from a former managing partner
Greg Jordan served as Global Managing Partner for Reed Smith for 12 years. In late 2013, Jordan moved in-house to PNC Financial Services Group as general counsel and head of regulatory and government affairs. Jordan participated in a panel titled, “The Present and Future Health of the Large Law Firm Model” at the 19th annual …
- November 11, 2014
- Jeff McCoy