Data & Metrics

Opportunity Abounds for Small Law Firms Willing to Innovate: Thomson Reuters Study

Small law firms in the United States face a host of challenges, but within those challenges lies a lot of opportunity, according to a new…

Legal Executive Institute March 25, 2019

Delta Model Update: The Most Important Area of Lawyer Competency — Personal Effectiveness Skills

Many legal experts say the legal industry is at an inflection point because the pace of change is being driven by many factors — technology,…

Natalie Runyon March 21, 2019

Revenue Recovery in Real Life: Practical Perspectives from In-House Counsel

With the who, what, where, and why of revenue recovery already addressed, I am moving on to the “how.” For that critical information, I am…

Randall Lehner March 18, 2019

State of Corporate Law Departments 2019: Doing Much More to Maximize the Value of Legal Services

Today’s corporate law departments have a fuller plate than perhaps any time before. First, they must exercise their primary duty to provide legal support that…

Legal Executive Institute March 14, 2019

State of the Legal Market in China 2019 Report: What Can the West Learn?

Amid growing tensions over trade between the US and China, it’s too often assumed — erroneously — that the Chinese business model for success is…

Legal Executive Institute March 07, 2019

Lessons from the Outside: Expanding the Pool of Good Ideas

Lawyers need not limit their pool of potential precedent to only similarly situated law firms, yet many often do. Throughout 2019, we will be using…

Bill Josten March 06, 2019

Volatility in Markets and Politics Roiling the Future of Financial Regulation, New Report Shows

A newly released annual report, State of Regulatory Reform 2019: The Future of Financial Regulation, published by Thomson Reuters Regulatory Intelligence, covers the outlook for…

Legal Executive Institute February 26, 2019

The Dynamic Market Model & Life Along the Continuum: A Key Discussion from the “State of the Legal Market Report”

As early as 2013, Bruce MacEwen of AdamSmithEsq.com was writing about what he described as “the Hollow Middle” within the legal market. A somewhat controversial…

Bill Josten February 25, 2019

2019 Report on the State of the Legal Market — A View from Midsize Law Firms: A New Legal Executive Institute Report

When analyzing growth in the legal services market for most of the past few years, the focus has largely been on Am Law 100 firms,…

Bill Josten February 19, 2019

PMI Slips in Q4 as Productivity Softens and Demand Growth Is Offset by Other Shortcomings

Through the first three quarters of 2018, the large law firm market enjoyed average growth in demand, rates, and productivity. The fourth quarter, however, was…

Joe Blackwood February 12, 2019

Legalweek 2019: SALI Matter Standards Work Moves Forward with Version 1 Release

NEW YORK — Data-driven decisions are hot right now — legal industry players are eager to figure out how to use data in decisions on…

Legal Executive Institute February 08, 2019

Legalweek 2019: Mining Your Data for Insight, Decision-Making and Differentiation

NEW YORK — Becoming more data-driven and analytical is a laudatory goal for any law firm; and as the vast amounts of data from a…

Legal Executive Institute February 06, 2019