Thomson Reuters

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

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

Year in review: Q2 2020 & the pandemic shutdown

Leading up to the release of the “2021 Report on the State of the Legal Market” on January 12, 2021, we will reexamine the tumultuous…

Joe Blackwood December 23, 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

Year in review: In Q1 2020, a reversal of fortunes

Leading up to the release of the “2021 Report on the State of the Legal Market” on January 12, 2021, we will reexamine the tumultuous…

Isaac Brooks December 17, 2020

COO & CFO Forum: What do clients want? Law firms pivot and adapt throughout the pandemic, panel says

There’s no doubt that the COVID-19 pandemic has changed the way businesses serve their clients, likely forevermore. Businesses have rapidly moved purchasing options online, or…

Sameena Kluck December 15, 2020

Small law firm business leaders see challenges, opportunities in the coming year, says new report

In today’s legal market, it’s vital that law firms learn to run effectively as businesses. Many are making strides in that direction, yet partners and…

Thomson Reuters Institute December 10, 2020

Serving those who serve, through Reed Smith’s RS Vets

The National Guard holds a unique place in the US military apparatus. As an extension to the already all-volunteer military, members of the National Guard…

Bill Josten December 09, 2020

Small law attorneys need to ease their administrative burden, optimize their profit potential

The Rolling Stones once sang "time is on my side"; however, lawyers at small law firms may not be able to say the same. According…

Mark Haddad December 08, 2020

ON LEADERSHIP: “We decided that the firm needed to embrace the new normal,” say Timothy Volpe & Gif Thornton of Adams and Reese

We continue our bi-monthly column, On Leadership, created by Rose Ors for Thomson Reuters. Each installment will feature conversations with law firm CEOs or Managing Partners…

Rose D. Ors December 03, 2020

PMI Q3 2020 Analysis: Associate reductions impact all facets of the legal market

The large law firm industry regained some footing in the third quarter of this year, despite an environment of low demand, owing to positive factors…

Isaac Brooks December 02, 2020