28 Nov Reuters Legal Industry
Take your legal research one step further with cutting-edge technology backed by a heritage of precision. Westlaw is the standard for legal research. Thomson Reuters adds litigation analytics for enterprises to Westlaw, providing advanced capabilities to efficiently research and analyze process trends by company or industry. Litigation Analytics on Westlaw Precision and Westlaw Edge already offers federal and state court role analytics for judges, courts, claims, attorneys, law firms, and . One of the outcomes of this activity was Westlaw Today, a premium news service launched in July 2020 that feeds Reuters news and is only available to Westlaw and Westlaw Edge subscribers for an additional fee. Super Lawyers is an evaluation service for outstanding lawyers from over 70 practice areas who have achieved a high level of recognition and professional performance. Maximize your visibility and position yourself as an industry expert with Super Lawyers. Connect your lawyers with a smart solution that allows you to increase productivity, collaborate seamlessly with others, share valuable information, and collaborate with clients and colleagues to deliver world-class legal services. However, Reuters has also significantly improved the legal coverage on its public website — the coverage it launched somewhat quietly last year — and all of these reports and commentaries are freely available to readers without the need for a subscription. Once at the top of the Reuters Legal News page, a reader can browse the latest stories, see Reuters` latest legal columnists, watch video stories, read analysis provided by outside lawyers, see the latest “industry buzz,” and more. They can also be divided into four subcategories: government, legal industry, litigation, and transactions.
(Reuters) – When it comes to accepting change, the legal profession is about on par with my 93-year-old grandmother, who believes boats are not meant to be shaken. Jenna Greene writes about legal business and culture and takes a comprehensive look at trends in the profession, the faces behind business, and eccentric court dramas. A longtime columnist for the legal industry and high-profile litigation, she lives in Northern California. Reach Greene at [email protected] Abogado.com is the leading online address for Spanish-speaking consumers seeking legal assistance and representation. Offers unparalleled online visibility in search, as well as a large and rapidly growing audience. Use integrated legal marketing solutions to attract, engage, and connect with potential clients. Our cutting-edge solutions range from lawyers` custom websites and search engine optimization to online advertising and the power of FindLaw.com leads. Readers choose topics to adjust their view of legal news. It`s not a problem in Arizona or Utah, at least not yet. While accounting firms are “apparently well-positioned to take advantage of regulatory reforms in U.S. legal markets, none have sought approval in Utah or Arizona,” the Stanford report notes, adding that accounting giants may not consider Utah and Arizona to be large enough legal markets to warrant a push. Arizona and Utah are at the forefront of legal sector transformation The new “State of the Legal Market Report 2022” shows that the legal market has remained resilient, although countless challenges remain for many law firms.
Over the past two years, Reuters, the news and media division of Thomson Reuters, has stepped up its coverage of legal news. Hire the former Law.com editor as head of legal news, hire several well-known industry legal commentators as columnists, and increase the hiring of legal editors and journalists. This year`s report shows that demand for legal services skyrocketed in 2021 after a disappointing start, thanks in large part to real estate and divisions, which not only recovered the losses of 2020, but even exceeded their pre-pandemic demand. However, the number of disputes remains below pre-pandemic levels. To drive profitability, law firms have continued to aggressively increase their billing rates over the past year, which, coupled with rising completion rates, has helped ensure another year of significant profits for many law firms. But the report also highlights the yawning “legal gap” in the provision of legal services, as many people cannot afford legal assistance. The hope is that relaxing legal regulations could increase competition so that a wider range of providers can offer more cost-effective support. Together, they founded the law firm Trajan Estate, which they said was the first alternative legal services firm to operate in both Arizona and Utah. (Trajan Wealth will continue to be separated.) The work tends to be complementary. For example, Payne said there is an important tax element in every merger or acquisition he manages as a lawyer. Similarly, tax work often raises legal questions, such as whether a person is properly classified as an entrepreneur. As Thomson Reuters honours National Pro Bono Week, Legal Current meets Helen Respass, Senior Legal Editor, Legal Department, Practice Law.
We talked about her role as co-chair of Thomson Reuters` global pro bono program, what sparked her passion for pro bono work, and how lawyers can give back. Below is a summary . In a year in which demand for legal services slowed overall, demand for mid-market businesses grew 1.7 percent at the end of the second quarter of 2022 compared to 2021, the report said. Demand declined 0.2 percent for the 100 best-selling companies ranked by the American Lawyer, while companies ranked 101 to 200 saw a 1.8 percent increase in demand. The report was based on monthly data collected directly from about 70 mid-sized U.S. law firms, ranging from 35 to several hundred lawyers, as well as large firms. Medium-sized companies typically charge less than larger companies for legal work. In 2020, Reuters hired Leigh Jones, former editor of Law.com, as head of legal intelligence.
The site also features three established columnists: Alison Frankel, a journalist at The American Lawyer for 23 years before joining Thomson Reuters in 2011; Jenna Greene, former editor-in-chief of AmLaw Litigation Daily before joining Reuters in 2020, and Hassan Kanu, former legal editor of Bloomberg BNA, before joining Reuters in 2020. While the growing legal demand has been a boon for law firm assets, it has also created a growing appetite for legal talent that has already begun to conflict with the changing work preferences of lawyers. In response to this new competition for talent, many companies have increased their compensation. In fact, employee compensation alone has increased by double digits, resulting in higher overall costs for many law firms. According to the report, 58 legal service providers have taken advantage of the new programs — Utah`s regulatory “sandbox,” launched in August 2020 and approved through 2027, and Arizona`s narrower “alternative business structure,” which went into effect in 2021 and is permanent. Practical law offers lawyers a better starting point thanks to the resources developed by more than 300 experienced lawyer writers. After two years of development, Westlaw Precision received positive reviews, including from Lyle Moran of Legal Dive: “Westlaw Precision offers a host of new features that help lawyers significantly improve their legal research efforts.” The new version of Westlaw significantly improves the speed and quality of research by allowing lawyers to address exactly what they do. To create their custom My View, readers click on a widget on the left side of the screen and choose from a selection of common practice areas and industry topics, including topics such as legal innovation and practice management. Reuters reports that the legal news section of its website has more than 1.7 million users per month, compared to 47 million users for the entire site. Bayer AG announced Thursday that it has appointed its global head of litigation, William Dodero, as its next U.S. general counsel, calling him a key player in handling the company`s costly litigation over its weedkiller Roundup. Chinekwu Osakwe reports on legal industry news with a focus on medium-sized law firms.
Contact them at [email protected]. In addition to areas of activity and legal topics, readers can follow companies, companies and authors. Nevertheless, the programs are not without problems. A plaintiff from Utah, Chip Parker, owner of Blue Bee Bankruptcy Law, wanted to give a paralegal a 10% stake in his business in recognition of his contributions and as a retention aid.