Even though demand for midsize law firm services was down compared with the previous year, the trend at the close of 2020 swung upwards, particularly in key corporate practices, a trend that has carried over into early 2021.
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Legal Executive Institute
The Thomson Reuters Legal Executive Institute brings together people from across the legal industry to ignite conversation and debate, make sense of the latest events and trends, and provide guidance as you confront the opportunities and challenges that these changes present.
The site features blog commentary, legal news analysis, interviews with industry leaders, videos and podcasts offering keen insight into the profession of law and the legal marketplace from members of law firms, corporate legal departments, government and academia.
Posts by Legal Executive Institute
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.
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Transforming Women’s Leadership in the Law Global Report 2020
Gender diversity in law firms positively impacts law firm success, research shows, with gender diverse teams in law firms achieving 10% higher client spend.
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Managing Your Legal Risk Portfolio: Two-Step Process to Upside Potential
It seems that everyone in the legal market has been hearing commentary on the negative impacts of the COVID-19 pandemic. Here’s how to manage the risks.
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Your Business Professional Team is Critical to Your Firm’s Viability
In recent weeks, the headlines say it all. Law firms are doing everything possible to minimise the economic downturn and the ongoing financial woes created by the COVID-19 pandemic.
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Law Firm Responses to the COVID-19 Crisis: Current Actions & Future Challenges
Over the past few weeks, the legal industry, like the rest of the economy, has struggled with how to respond to the COVID-19 pandemic.
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Artificial Intelligence Comes to Cybersecurity
AI in cybersecurity is a double-edged sword. For every advance deployed to detect problems are hackers who can use that same technology to wreak havoc.
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Embedding a Culture of Well-Being in Law Firms
How can law firms successfully embed lawyer well-being in the culture of their firms? Leaders tackled the question in a recent fireside chat, hosted by Thomson Reuters.
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