Efficiency

The Delta Model evolves its lawyer skill assessment further with Design Your Delta

The Delta Model, a 21st century, research-backed competency model for lawyers that provides a framework for outlining what skills and competencies are most valued by…

Natalie Runyon January 27, 2021

Rethinking “partners” for law firms: Creating an ecosystem for client value

Whether your law firm has an established presence within the legal industry or is just getting started, competing in a crowded marketplace requires more time,…

Edwin Smith January 26, 2021

Data Analytics: Driving value at the intersection of internal and external data

What a year 2020 was, to say the least. The legal industry was caught off-guard by the COVID-19 pandemic, resulting in redundancies, salary cuts, receivable…

Glenn LaForce January 21, 2021

CURIOUS MINDS: We want to provide clients with the opportunity to test-drive emerging technologies, says Shruti Ajitsaria, head of Allen & Overy’s Fuse

We continue our monthly column, Curious Minds, created by Rose Ors to tap into the minds of legal innovators, disrupters, and out-of-the-box thinkers to learn…

Rose D. Ors January 20, 2021

Growth for midsize law firms in 2021: Where to find new opportunities?

Who would have guessed in March of last year that midsize law firms, indeed law firms of all sizes, would see growth in their profits…

Barb McGivern January 19, 2021

Webinar: New PPP loan legislation carries tax & compensation considerations

The recently enacted fourth round of COVID-19-related legislative relief that was signed into law on December 27, 2020 looked to re-open and expand this critical…

Thomson Reuters Institute January 14, 2021

Which path for my law firm: Data warehouse or data lake?

Data-driven decision making has become an important topic among law firm leadership as they notice the success of progressive law firms that have established effective…

Todd Painter January 12, 2021

2021 Report on the State of the Legal Market: An “inflection point” for law firms

The 2021 Report on the State of the Legal Market, issued today by the Center on Ethics and the Legal Profession at Georgetown University Law…

Thomson Reuters Institute January 12, 2021

Small law firms in 2021: A chance to regroup and grow

Farewell to 2020. While I’m sure we’re all glad to see the start of something new, we can’t lose sight of the lessons from the…

Mark Haddad January 05, 2021

The long road back: Asian law firms are still coping with the devastating impact of the pandemic

Many months into the pandemic, law firms in Asia are still looking for ways to cope with COVID-19 and its impact. While some firms are…

Ranajit Dam January 04, 2021

Virtual client interviews: An effective way to engage clients & grow business (even during a pandemic)

Corporate clients commonly say that the lawyers in their outside law firms “need to understand my business.” But what does this mean? Having facilitated scores…

The Thomson Reuters Institute December 28, 2020

New videos: Law firm staffing & expenses — a state of the market update

This year, the legal market has seen law firms placing an increasing emphasis on data-driven decision making, particularly with regard to how firms manage their…

The Thomson Reuters Institute December 18, 2020