Legal departments see higher matter volumes but flat or declining budgets: Thomson Reuters 2023 legal department operations index

Thomson Reuters, a global content and technology company, released the 2023 Legal Department Operations Index noting multiple challenges legal departments face, including growing workloads, shrinking budgets, and a need to increase their use of technology.

Thomson Reuters future of professionals report predicts AI will have a transformational impact on professional work by 2028

Thomson Reuters, a global content and technology company, today released its Future of Professionals Report. The survey of more than 1,200 individuals working internationally shares the predicted impact that generative AI will have on the future of professional work.

Thomson Reuters completes acquisition of Casetext

Thomson Reuters Corporation announced today that it has closed on its previously announced acquisition of Casetext, Inc., a provider of technology for legal professionals, for a purchase price of $650 million in cash.  

Thomson Reuters corporation signs definitive agreement to acquire Casetext

Thomson Reuters Corporation, a global content and technology company, today announced it has signed a definitive agreement to acquire Casetext, a California-based provider of technology for legal professionals, for $650 million cash.

Thomson Reuters announces integration with Microsoft 365 Copilot amid suite of gen AI updates

Thomson Reuters announced today (23 May) that its products will be integrated with Microsoft 365 Copilot, becoming one of the first in the legal industry to do so.

Thomson Reuters brings forward vision to redefine the future of professionals with content-driven AI technology

Thomson Reuters, a global content and technology company, today brings forward its vision to redefine the future of professionals through generative artificial intelligence (AI). At a time of rapid global innovation, Thomson Reuters is at the forefront, helping its customers unlock the potential to automate workflows, provide powerful insights, and drive efficiencies with content-driven AI technology.

Rates surge as law firm market rebounded in Q1: Thomson Reuters Law Firm Financial Index

A new report from Thomson Reuters, a global content and technology company, highlights that the law firm market rebounded in the first quarter due to improved demand and the highest rate growth in more than a decade.

Thomson Reuters document intelligence speeds up deal closing by automating the M&A due diligence process for legal professionals

Evolving artificial intelligence to automate processes and strengthen operational efficiencies is more important than ever in the legal space. Amid economic uncertainty, law firms and legal departments have never been more focused on operating efficiently and making the most of advanced technologies and legal data to control costs and improve productivity.

Move your firm’s financial and practice management system to the cloud with Thomson Reuters’ live webinar – 3 May

Periods of uncertainty can consistently build apprehension within law firms, including the hesitation to move their financial and practice management system to the cloud.

The trust gap needs to be closed for lawyers to use generative AI, says Thomson Reuters

Thomson Reuters, a global content and technology company, has released new research which highlights how growing trust among legal professionals will be key to the continued adoption of AI-powered technology.