Data & Metrics

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

Lawyer productivity under attack: How to fight back

Remote working has proven to be largely a success — at least from the perspective of lawyer well-being. The impact of remote working on lawyer…

Jen Dezso September 14, 2020

Australia: State of the Legal Market 2020 — Growth amid the storm

Despite turmoil in the global economy brought on by the COVID-19 pandemic, the 30,000-foot view of the Australian legal market looks relatively rosy compared to…

Thomson Reuters Institute September 09, 2020

2020 Legal Market Report: How Innovative Technology is Reshaping the Business & Practice of Law

If the traditional practice of law were a kitchen appliance, it would be a slow cooker with a few basic settings that got the job…

Thomson Reuters Institute September 03, 2020

2020 State of US Small Law Firms: While many firms talk about challenges, some make changes

While nearly every aspect of American life has undergone significant change this year due to the pandemic and ensuing economic crisis, some things have remained…

Thomson Reuters Institute September 02, 2020