This week, Forum, the magazine created by Thomson Reuters Legal’s Thought Leadership initiative (which also includes Legal Executive Institute and this blog) is launching its Free Forum App, available on the App Store and Google Play . You can download…
This series of blog posts is heavily inspired by the brilliant article on UX by Stefan Klocek, Google’s UX lead, called Fixing a Broken User Experience published by Smashing Magazine. In this series of blog posts his concept for understanding…
I am looking forward to chairing Thomson Reuters Legal Executive Institute’s Second Annual Law Firm Financial Performance Forum on September 18 in New York. Last year’s inaugural event was a resounding success. We will build on it—literally—this year. We launched…
Mike Abbott, vice president of Client Management and Global Thought Leadership for the Legal business of Thomson Reuters, gave an overview of the Legal Executive Institute‘s Thought Leadership initiative. He also discussed his role around thought leadership, the benefits the institute…
Transactional practices are becoming increasingly important sources of growth for large law firms, helping to offset persistent weakness in litigation, according to a new report from Thomson Reuters Peer Monitor. The new report, Rise of the Transactionals, discusses how transactional…
The Legal Executive Institute’s 5th Annual Law Firm CFO/CIO/COO Forum in New York last week was devoted entirely to cybersecurity—and for good reason. The risk of cyberattack is one of the most important and urgent issues law firm leaders face…
Adjust. Adapt. Repeat. This has been the mantra of many corporate staffing models that scale talent to meet industry innovations and technological advancements. Why should law firms be any different? It’s a question that merits examination and highlights the findings…
The annual Law Firms In Transition report from Altman Weil is always a good barometer for what’s eating, ailing or tormenting the law firms of today. The 2015 version contains 84 pages of data about drivers of change, staffing, efficiency…
The Great Place to Work Institute publishes an annual list of the “100 Best Places to Work”. This year, 20 of the companies on the list are in the “Professional Services Firms” category. And of these, five are law firms.…
Until recently and certainly before the failure of Howrey and then Dewey & LeBoeuf, the bankruptcy of a large law firm had been regarded as nearly inconceivable. In examining what went off track and in my article, Malignant Leadership, I…
The American Bar Association (ABA) conducted a National Summit on Innovation in Legal Services this past weekend at the Stanford Law School. It was a purposeful, ambitious, and action-oriented set of meetings that challenged the participants to embrace technology and…
EAGAN, Minn.—The Peer Monitor Economic Index (PMI), which measures the relative health of the legal marketplace, was unchanged at 54 in the first quarter, the same as the previous quarter. (See Full Report.) Despite slightly higher demand, weak rate growth…