As Osborne Clarke moves swiftly to digitally unify its future-focused international legal practice of more than 925 lawyers across 25 worldwide locations, it is adopting Thomson Reuters 3E Cloud and 3E Cloud Care to provide global enterprise business management. “The investment in 3E demonstrates our commitment to a cloud-first IT strategy that provides our people …
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Do Midsize Firms Have a Competitive Advantage? 2021 Report on the State of the Midsize Legal Market
Midsize firms may possess competitive advantages as the legal market emerges from the disruptions caused by the global pandemic. The 2021 Report on the State of the Midsize Legal Market from the Thomson Reuters Institute looks at how midsize firms weathered the challenges of 2020, and the opportunities that may lie ahead. Midsize firms proved …
Cost Cuts, Higher Rates Drive Peer Monitor Index Higher
Law firms finished 2020 on an optimistic note. Weakness in demand moderated, rates remained high, and firms were able to reduce several key costs. As a result, the Thomson Reuters Peer Monitor Index (PMI), which measures key law firm performance indicators hit a near-record high in the fourth quarter of 2020. Demand for law firm …
2020 May Have Been a “Tipping Point” for Law Firms: 2021 Report on the State of the Legal Market
While 2020 brought unprecedented challenges for law firms, history may look back and see the year as a “tipping point” that accelerated significant changes in the law firm market. The 2021 Report on the State of the Legal Market from the Center on Ethics and the Legal Profession at Georgetown University Law Center and the …
Task Management Technology Keeps Teams Focused, Organized
Innovative law firms and legal departments continue to seek the optimal method to more efficiently and intelligently plan, organize, track and complete work. Project and task management tools within Thomson Reuters HighQ allow legal professionals to stay focused on important assignments and not the minutiae of documenting progress. HighQ provides a quick overview of project …
Legal Department Operations Index Reveals Staffing, Technology Changes Due to COVID-19
Findings of the latest Thomson Reuters Legal Department Operations (LDO) Index reveal 81% of legal departments surveyed have dedicated legal operations staff, up from 57%. It’s the first time the survey – now in its fifth edition – has seen a significant shift in how legal departments are operating. The report showed legal departments’ use of …
Thomson Reuters HighQ Announces Version 5.4
Thomson Reuters HighQ today rolled out version 5.4 of its cloud-based productivity solution. The new version seamlessly integrates Contact Express into a single solution, allowing more powerful document automation. Contract Express templates can be used to generate and store documents natively within HighQ, enabling the user to integrate and establish workflows, collaborate, co-author, and utilize …
Civil Rights Resources from Thomson Reuters
The tragic killing of George Floyd on May 25 and the protests and marches since then have rightly re-focused the national attention on the reality of racism and inequality in our communities, institutions and system of justice. Across Thomson Reuters, much is underway to help us be a force for positive change. As part of …
Midsized Law Firms Adopt the Cloud to Meet Business-Critical Needs
Midsized law firms are increasingly implementing cloud-based systems as they recognize the strategic advantages to improving their technology platforms. Firms like Wisconsin-based Davis & Kuelthau, S.C., which is transitioning from Enterprise to the cloud version of 3E, want solutions that will reduce their hardware infrastructure investment and improve flexibility, while improving technology security and remote …
Corporate Law Departments Turn to Technology to Mitigate Risk, Control Costs and Address Changing Business Needs
Corporate law departments are expected to meet growing demands for in-house legal professionals’ time, while cutting departmental spending and confronting changes in legal technology and process innovation. These are among the findings of the 2020 State of the Corporate Law Departments Report released today by Thomson Reuters. While the COVID-19 pandemic has affected corporate law departments, …
