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.

Thomson Reuters and TPG to establish Elite as an independent legal tech company

TPG and Thomson Reuters today announced that they have signed a definitive agreement for TPG to acquire a majority stake in Elite from Thomson Reuters, valuing the business at approximately US$500 million.

Thomson Reuters looks at the changing role of the CFO

Today, the role of the Chief Financial Officer (CFO) within law firms is more demanding, broader based, and more critical than ever. CFOs must navigate an extremely challenging macro-economic landscape while keeping tight control of financial governance and operational excellence.

Thomson Reuters adds UK Supreme Court Dockets to Westlaw

Thomson Reuters is providing legal professionals with more comprehensive coverage of UK courts and access to real-time updates, expert editorial case analysis, and content sets unique to Westlaw UK.

Webinar: Moving your firm’s financial and PMS to the cloud with Thomson Reuters – March 29th 10:00 AM CT | 4:00 PM UTC

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

Law firm profits continued to slide in Q4 2022: Thomson Reuters Law Firm Financial Index

Law firm profitability fell for a fifth consecutive quarter in Q4 2022, according to the Q4 2022 Thomson Reuters Law Firm Financial Index (LFFI) powered by Financial Insights.

Thomson Reuters: Digital transformation critical to the future of the US justice system as new report reveals almost one in five cases are delayed

The U.S. court system is facing a perfect storm of delays, backlogs and workforce shortages, according to new research from the Thomson Reuters Institute.