Data & Metrics

Government Attorneys See Promise in AI and Technology, Says New Thomson Reuters Survey

Amid the challenges of increasing workloads and tightening resources, government law departments are willing to embrace technology advancements, including artificial intelligence (AI), according Government Law…

Legal Executive Institute August 29, 2018

Large Law Firm Market Had Strong 2nd Quarter, According to Thomson Reuters PMI Report

EAGAN, Minn. — The U.S. large law firm market scored a rare triple win in the second quarter, with strong gains in demand, rate growth,…

Legal Executive Institute August 13, 2018

New Infographic: Outsourcing of Support Staff in the Legal Industry

The desire of law firms to emulate other businesses in the efficiency of their processes is making headway. From technological advancements to outsourcing roles, law…

Joe Moran August 09, 2018

New White Paper: The State of Law Firm Leadership 2018

In new white paper published by Thomson Reuters Legal Executive Institute, The State of Law Firm Leadership 2018, authors Patrick J. McKenna and David J.…

Legal Executive Institute August 09, 2018

The Value of Consistency: The Reward (Part 3)

This is the third installment in this series of blog posts, in which we will use Peer Monitor data to examine the characteristics of firms with consistent…

Joe Blackwood August 02, 2018

Examining the Impact of Algorithms in the Courtroom: Law Society of England and Wales Takes Note

Imagine a courtroom of the future in which a federal prosecutor has all the ramped-up capabilities, research depth and legal knowledge that artificial intelligence (AI)…

Gregg Wirth July 26, 2018

New Report: Are Europe’s Lawyers Playing a “Wait & See” Game with Brexit?

In the two years since the UK voted in favor of leaving the European Union (EU) — now scheduled for March 29, 2019 — much…

Legal Executive Institute July 23, 2018

The Value of Consistency: RPL = Volume + Value (Part 2)

This is the second installment in this series of blog posts, in which we will use Peer Monitor data to examine the characteristics of firms…

Justin Hines July 10, 2018

Dynamic Law Firms Update: A New Look at Some of the Market’s Best

To envision what might be a successful strategy, it often makes sense to observe what is working now. In an effort to bring that philosophy…

Bill Josten June 27, 2018

Facing Increasing Workflow and Stagnant Budgets, Corporate Legal Departments Looking to Improve Legal Operations, New LDO Tracker Report Says

Corporate legal departments are dealing with increasing pressure on how they do their jobs as the volume of their legal work continues to grow, and…

Legal Executive Institute June 25, 2018

Medicaid & Medicare Fraud: OIG Reports Expected $1.46 Billion in Recoveries

In its Semiannual Report to Congress, the Office of Inspector General (OIG) for the U.S. Department of Health and Human Services (HHS) reported that it…

Melissa D. Berry June 22, 2018

Developing a Profit Plan for Law Firms Using Cost Accounting

In the 20 years that I have been implementing cost accounting systems for professional service firms, I’ve continued to encounter those who think that cost…

Legal Executive Institute June 22, 2018