The Elite Vantage EMEA 2016 User Conference is underway in London. The two-day conference brings together Thomson Reuters Elite users from across Europe, Africa and the Middle East. Elizabet Hardy, Vice President of Product Management and Eric Sugden, Chief Technology Officer discuss what will take place at Vantage, including the release of Elite 3E version …
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Knowledge Management as a Competitive Advantage, “KM with Kim” ILTACON Wrap-up
In discussions with firms at ILTACON 2016, one thing stands out in the world of knowledge management: in an era of Big Data and Artificial Intelligence, knowledge management can help firms gain a competitive advantage. In this post-ILTA wrap-up edition of “KM with Kim,” Kim Stein, national manager of knowledge management for Thomson Reuters, shares …
What Drives Innovation in Law Firms?
Does innovation tend to come from big firms or smaller firms? From top-down leadership or bottom-up mavericks? In an article in the current issue of Forum magazine, Jan-Coos Geesink, managing director, Thomson Reuters, Legal, UK & Ireland, spoke with Reena Sengupta, owner of RSG Consulting and founder of FT Innovative Lawyers, about the drivers of innovation in …
The Rise of the General Counsel
The modern general counsel is more than a business attorney. He or she is a lawyer-statesperson who is an outstanding technical expert, a wise counselor and effective leader and who has a major role assisting the corporation achieve the fundamental goal of global capitalism: the fusion of high performance with high integrity and sound risk …
Peer Monitor Index Slumps in Second Quarter
The large law firm market was hit by a one-two-three combination punch of slumping demand, rising expenses and falling productivity in the second quarter. The Peer Monitor Index report saw demand for law firm services fall for the first time since 2013. While rate growth accelerated slightly, it was not nearly enough to make up …
Private Equity, Loans and Bond Offerings, Expanded M&A Data Added to Thomson Reuters Deal Monitor
Deal Monitor, part of the Monitor Suite collection of products, now contains four new and expanded content sets leveraging the power of Thomson Reuters deal information. These data sets allow users to gain a better understanding of the financial transactions of companies and what law firms and other parties are involved in the transactions. The additions …
2016 Elite VANTAGE User Conference Wrap-Up
The 2016 Elite VANTAGE Worldwide User Conference saw record attendance, with 1100 users, 300 sessions and numerous customer panels, demos, sharing best practices, and talking about industry trends. Eric Ruud, Managing Director for Legal Enterprise Solutions, discusses this year’s VANTAGE conference, and how users can continue to keep up with developments at Elite throughout the …
ABA TECHSHOW 2016 Session: Empower Your Client Through Technology
Technology has altered the very nature of the client-professional relationship. From online banking to keeping track of medical records, our interactions with professional service providers are becoming few and far between. But in a relationship-driven industry, lawyers have been slow to change, and consumers are taking notice. At the “Empower Your Client Through Technology” session …
Peer Monitor Shows Weakening Demand and Rates
After a string of seven consecutive quarters of rising demand, the Peer Monitor Economic Index saw flat demand for large law firm services in the fourth quarter of 2015. The new report showed that the PMI fell two points because of weak demand and rates. But much of the decline in overall demand was accounted …
Forum Magazine: Mining the gold in mind maps
The perception of in-house legal departments as insular and obstructive can impede their ability to best serve the business. And while perceptions often don’t reflect reality, repositioning the legal department as a valued, equal and constructive part of the organization will have a dramatic effect on both the lawyers’ job satisfaction and overall efficiency in …
