Data & Metrics

Lawyer wellbeing is crucial to law firm sustainability, says new Acritas report

Last year, about half of lawyers that were interviewed and designated as Acritas Stars said they felt their performance had been affected by mental or…

Acritas November 18, 2020

Law firm business leaders guarded on economy, bullish on the future, says new report

Law firms must be able to run effectively as a business. This has been true for a long time, and it has become all the…

Thomson Reuters Institute November 11, 2020

Corporate law departments in Europe focusing on efficiency & effectiveness amid pandemic

Before the COVID-19 pandemic hit, corporate law departments across Europe had indicated they were laser-focused on improving the efficiency and effectiveness of their operations and…

Thomson Reuters Institute November 10, 2020

Collaboration is key to maximizing share of clients’ legal spend

Many law firms dream of gaining a larger share of their clients’ legal spend, especially during difficult economic times like the market is experiencing now.…

Lisa Hart Shepherd November 09, 2020

Amid the pandemic, Big Law gains back some ground, according to Q3 PMI

The large law firm market recovered some ground in the third quarter amid cross-currents of low demand, high rates, and reduced expenses. These competing and…

Thomson Reuters Institute November 09, 2020

The more things change… the state of US small law firms in 2020

Small law firms are agile, adaptable, resilient, and yet, hesitant to change. Or so it would appear from the results of the 2020 Report on…

Mark Haddad November 04, 2020

COO & CFO Forum: The legal industry is learning to do hard things

The COVID-19 pandemic and economic crisis that ensued has dramatically altered how law firms have done business over the past eight months, and law firms…

Gregg Wirth October 29, 2020

Successful law firms protect productivity with savvy and strong teams, according to the 2020 Dynamic Law Firms Report

What drives a successful law firm? Often, the answer involves learning from the success of other law firms. Lawyers are steeped in a culture that…

Thomson Reuters Institute October 22, 2020

New Acritas report shows how the pandemic has changed the future of legal work

The COVID-19 pandemic, the ensuing lockdowns and economic crisis have given many people a chance to reflect on their lives. Further, the dramatic switch to…

Acritas October 12, 2020

Transforming Women’s Leadership in the Law Global Report 2020: How to improve gender diversity at senior levels within law firms

This post was written by Lucy Leach & Lisa Hart Shepherd of Acritas Gender diversity in law firms positively impacts law firm success, research shows,…

Transforming Womens Leadership October 05, 2020

Alternative fee arrangements in the legal industry: Recognizing firms that excel

While the popularity of alternative fee arrangements (AFAs) seemed to have plateaued in recent years — at least in terms of AFAs as a percentage…

Bill Josten September 28, 2020

PMI Q2 analysis: Top of market law firms largely driving rate growth

The second quarter of 2020 was marred by near unprecedented global uncertainty. The COVID-19 pandemic was still in its infancy, and no one at the…

Joe Blackwood September 17, 2020