Thomson Reuters

State of the UK Legal Market 2021: New report highlights the need for greater value & stronger relationships

Clients in the United Kingdom are increasingly looking for law firms willing to invest in building long-term trusted relationships and a deep understanding of their…

Thomson Reuters Institute April 15, 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

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

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

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

Understanding the lessons of the pandemic and human nature at Legal Geek

The pandemic was “the great equalizer” for the legal industry, combining the good from before with the great from the now. A recent half-day virtual…

Joseph Raczynski March 15, 2021

New podcast: The legal market in 2020 and beyond

Throughout the course of 2020, many stakeholders in the legal market found themselves seeking timely, accurate data to help guide decisions with a new fervor.…

Bill Josten February 23, 2021

Growing ALSP market becoming less “alternative”, says new report

The market for alternative legal service providers (ALSPs) has become an important and growing part of the legal landscape. ALSPs provide both corporate counsel and…

Thomson Reuters Institute February 11, 2021

Rise in worked rates in 2020 fueled by proportional shifts

There is much evidence that the large law firm market finds itself at a crossroads. Evidence of the approach toward a tipping point was laid…

Joe Blackwood February 08, 2021

PMI hits near-record high in Q4 as law firms show resiliency

Over the course of the global pandemic in 2020, large law firms implemented multiple strategies to address the industry challenges they were experiencing, leading to…

Thomson Reuters Institute February 02, 2021

Clients turned to trusted law firms last year, shows Acritas’ 2021 Global Elite Brand Index

The global pandemic that continues to disrupt worldwide business and the legal industry brought into sharp focus the importance for clients to be able to…

Thomson Reuters Institute January 26, 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