Thomson Reuters debuts Westlaw Precision
New version of Westlaw enables lawyers to conduct research more than twice as fast and reduces risk of missing relevant cases.
READ MORE >>Whether you’re looking for a new PMS, moving to the cloud, need help with document management or just about any other business support services, find the contacts and content here that will help you on your search for legal practice excellence.
Thomson Reuters debuts Westlaw Precision
New version of Westlaw enables lawyers to conduct research more than twice as fast and reduces risk of missing relevant cases.
READ MORE >>Thomson Reuters celebrates 150 years of customer partnership and innovation
Founder John B. West’s spirit of innovation and customer collaboration lives on in AI-driven products and leading legal research technology tools used by legal professionals worldwide.
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After soaring to record levels in 2021, law firm profitability continues to slide in 2022 because of an inevitable cooling off in demand and rebound in expenses.
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Continued growth in demand and rates were no match for surging expenses in the first quarter of 2022. The growing competition for talent and a rebound in overhead expenses after last year’s steep cuts took a toll on law firm profitability, according to the Thomson Reuters Law Firm Financial Index (LFFI) powered by Peer Monitor/Financial Insights.
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Top-performing law firms tend to pair aggressive investment in talent with a strong firm culture to help achieve stronger, sustainable growth, says the 2022 Dynamic Law Firms Report from Thomson Reuters.
READ MORE >>Thomson Reuters: FindLaw debuts do-it-yourself Estate Planning
Thomson Reuters is introducing FindLaw Legal Forms & Services, a do-it-yourself offering for legal consumers. The first practice area is Estate Planning, integrating Contract Express software with FindLaw content and resources to provide consumers with access to easy-to-use legal forms and services.
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After surging back to pre-pandemic levels and beyond, demand for law firm services took yet another jump upwards in the fourth quarter of 2021, according to the Thomson Reuters Peer Monitor Economic Index (PMI).
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Thomson Reuters announced the 2022 Global Elite Law Firm Brand Index today with Baker McKenzie retaining the top spot for the 12th consecutive year.
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Having regained their footing after navigating the depths of the pandemic, law firms are facing a growing talent war that threatens to upend the legal industry’s newfound momentum.
READ MORE >>Thomson Reuters: Ransomware – What law firms need to know
Ransomware has evolved into its own industry and it has been successfully targeting law firms of all sizes. According to the ABA, 42% of firms with up to 100 employees experienced a data breach.
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