The 2020 Report on the State of the Legal Market — produced by Thomson Reuters Legal Executive Institute and the Georgetown Law Center on Ethics and the Legal Profession — focuses on not only the scale, but also the pace of change in today’s legal environment.
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Tech and the Law 2020 Report
Thomson Reuters and Momentum Intelligence are pleased to release the Tech and the Law 2020 Report, which tells a story of the legal industry in the moments before the global health crisis took hold.
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Your Business Professional Team is Critical to Your Firm’s Viability
In recent weeks, the headlines say it all. Law firms are doing everything possible to minimise the economic downturn and the ongoing financial woes created by the COVID-19 pandemic.
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Law Firm Responses to the COVID-19 Crisis: Current Actions & Future Challenges
Over the past few weeks, the legal industry, like the rest of the economy, has struggled with how to respond to the COVID-19 pandemic.
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Guide to Choosing the Best Legal Research Software for Your Firm
No matter the area of the law you specialise in, without a suitable platform or provider to keep abreast of precedents and court rulings, you may go excessively overtime – billable or not – on legal research admin.
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Embedding a Culture of Well-Being in Law Firms
How can law firms successfully embed lawyer well-being in the culture of their firms? Leaders tackled the question in a recent fireside chat, hosted by Thomson Reuters.
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Business Model Innovation and the Future of Law Firm Culture
Market forces are converging to change the competitive environment for law firms. What role does a firm’s business model play in achieving success? Michael writes on how one law firm’s unique model has led to fast growth.
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Could Artificial Intelligence Help Your Law Firm Deliver Better Value?
Advances in automation are empowering lawyers to cut down on labour-intensive, repetitive tasks and instead focus their skills on higher-value work. Now, artificial intelligence (AI) is making this automation much…
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Making the Switch to In-House Counsel
Billable hours, timesheets and work/life balance are just some of the reasons lawyers leave private practice for an in-house counsel role. It’s not for everyone, but it may be the…
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7 Invoicing Best Practices Every Law Firm Should Master
Whether your law firm is large or small, incorporated or boutique, implementing these simple billing practices will help ensure you spend less time on accounting and more time servicing your…
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