Efficiency

Diploma privilege: Exploring alternatives to the bar exam for attorney licensure

In the 19th century, the legal profession saw an evolution from an open democratization of admission to practice law to an environment that was a…

Natalie Runyon April 13, 2021

CodeX FutureLaw 2021: Computational contracts create a Big Bang in legal

The bleeding edge of the legal industry is now building interfaces at the intersection of code and law through computational contracts. These computational contracts (sometime…

Joseph Raczynski April 12, 2021

The department & practice group leader’s role in sales management

The role of practice group leaders is changing. And new and seasoned department and practice group leaders will be wise to expand client relationships and…

Silvia Coulter April 08, 2021

2021 Report on the State of the Midsize Legal Market: Resilience among midsize law firms may offer competitive advantages

Despite daunting challenges, midsize law firms flexed their creativity and agility to prove themselves surprisingly resilient in 2020, according to the new 2021 Report on…

Thomson Reuters Institute April 07, 2021

Achieving cybersecurity maturity within your law firm

Imagine your firm can detect and contain a cybersecurity threat even before it has a chance to disrupt the firm's business. Threats could be contained…

Don Philmlee April 06, 2021

How are chief talent officers managing law firm talent in a remote work environment?

At a recent gathering of law firm talent officers and directors from around the world, one key question seemed to hang in the air: “We…

Thomson Reuters Institute April 06, 2021

Legal real estate: What will the law office of the future look like?

The long-term impact of the global pandemic on the legal industry likely is going to be felt in numerous ripples, both big and small, across…

Gregg Wirth April 05, 2021

Moving past buzzwords: 5 ways for law firms to build better client relationships

Relationships between law firms and their clients are too often thought of just in terms of buzzwords. Win-win outcomes, or sharing business risk, or investing…

Christopher Ende March 23, 2021

3 common traits drive firms to the top of buyers’ minds, new Regional Brand Indexes reveal

When Thomson Reuters Acritas released its Global Law Firm Brand Index back in January, two key themes emerged and were identified as successful factors in…

Lizzy Duffy March 23, 2021

New podcast: Combating the lack of diversity within legal with collaboration

The need for the legal industry to address issues of diversity, equity, and inclusion (DEI) in the workplace touches on numerous areas, from hiring and…

Natalie Runyon March 22, 2021

Best practices for another year of virtual client development

Since the start of the new year, law firms and their client development strategists have had time to reflect on last year and assess what…

Haile Arrindell March 19, 2021

Captive law firm ALSPs provide potential growth engines

To dissect some of the key findings of Thomson Reuters recent 2021 Alternative Legal Service Providers report, it makes some sense to start small, meaning…

Bill Josten March 17, 2021