Peer Monitor

Peer Monitor Economic Index Gains in Third Quarter as Demand Surges

While the large law market in 2019 isn’t an exact reflection of 2018 so far, there are some similarities — including improved demand and rates…

Isaac Brooks November 04, 2019

Are Litigation Filings a Predictor of Increased Legal Demand?

We’ve seen a steady rise in the use of predictability analysis and other data analytics at law firms. From estimating the cost of a matter…

Becky Stander October 29, 2019

2019 Legal Tracker LDO Index Report: Trends over Time

At times, the most profound insight can be found not by considering what has changed, but instead by focusing on what has remained the same.…

Thomson Reuters Institute October 15, 2019

2019 Australia: State of the Legal Market — Growth Continues as Uncertainty Rises

At the end of fiscal year 2018, a year of unprecedented growth in the Australian legal market, the overall feeling after was one of optimism,…

Thomson Reuters Institute September 22, 2019

The 2019 LawVision & Peer Monitor Pricing Survey: The Growing Prominence of Pricing within Law Firms

How a law firm prices its delivery of legal services has become far from a rote or obvious undertaking. Pricing has evolved to be of…

Thomson Reuters Institute September 09, 2019

Associate Lawyers Are Driving the Market for Demand, but also for Compensation

The recently released Peer Monitor Index for the second quarter of 2019 highlighted a few encouraging and some discouraging signs that mimic half-year results. Digging deeper into…

Isaac Brooks September 03, 2019

PMI Q2 Analysis: A Shift in the Vanguard as Am Law 51-100 Rises

The large law firm market has gained some steam after an underwhelming start to the year. The Thomson Reuters Peer Monitor Economic Index (PMI) rose…

Isaac Brooks August 19, 2019

Large Law Firm Market Rebounded Slightly in this Year’s Q2 PMI

MINNEAPOLIS-ST. PAUL — The large law firm market regained its footing somewhat in the second quarter of this year. After a weak start to the…

Thomson Reuters Institute August 05, 2019

Midsize Firms Flexing their Competitive Spirit with Large Law

To say that large corporate clients have historically been reticent to work with smaller to midsize law firms would be inaccurate. There is simply no…

Bill Josten July 15, 2019

BigLaw Market Report: Am Law 100 Firms Continue Strong Performance in Q1 2019

We have written extensively in the past about how Am Law 100 firms seem to have solidified their position as market leaders among the segments…

Bill Josten June 19, 2019

Infographic: How Much Do Law Firms Spend on Marketing and Business Development?

How much law firms spend on marketing and business development is always a question that generates much debate. Firms don’t want to be outspent, but…

Thomson Reuters Institute June 10, 2019

Despite Rising Rates, Flat Demand and Lower Productivity Sink Q1 PMI

MINNEAPOLIS-ST. PAUL — The large law firm market continued its slide after a recent highwater mark in last year’s third quarter, floundering in the first…

Thomson Reuters Institute May 14, 2019