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February 14, 2024 | Litigation Daily

Hours Down. Revenues Up. What Gives?

"Billable hours worked, the market's favored measure of demand for legal services, is simply becoming a less useful measurement," write the authors of a report issued this week by The Thomson Reuters Institute.
4 minute read
February 13, 2024 | Law.com

AI and Hospitality: Transforming Law Firm Workplaces for the Future

As the world ushers in a new era post-pandemic of hybrid operations, it's really no surprise that workplace experience is a top, strategic lever law firm leaders are driving in conjunction with re-envisioning the space their professionals are occupying.
8 minute read
February 12, 2024 | Legaltech News

Best Use of Artificial Intelligence—E-Discovery & Litigation, Provider: Casetext

"Early access to GPT-4 meant a once-in-a-career opportunity to build something no one ever had and no one else could. We HAD to make it work," said Jake Heller, CEO + Co-Founder of Casetext, Part of Thomson Reuters.
6 minute read
February 12, 2024 | The American Lawyer

Aggressive Rate Hikes, Head Count Management Helped Am Law 50 Squeeze Profits From Sluggish Demand in Q4

The Am Law 50 finished the fourth quarter with nearly 8% more fees worked than Q4 2022 despite a decline in demand, according to a new Thomson Reuters report.
3 minute read
February 05, 2024 | Legaltech News

Legal Tech Rundown: The Product News You Missed From Legalweek 2024

An update on the legal tech market changes, from product launches to new acquisitions announced during and after Legalweek 2024.
6 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

View more book results for the query "Thomson Reuters"

February 05, 2024 | Connecticut Law Tribune

AI: To Build or To Buy? Some Am Law 100 Firms Say 'Both'

Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
10 minute read
February 05, 2024 | The American Lawyer

To Buy AI or Build AI? For Some of the Am Law 100, the Answer Is 'Both'

Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
10 minute read
February 01, 2024 | National Law Journal

As Litigation Demand Soared, DC Boutiques Saw Strong Business Year

Several leaders of D.C.-based litigation boutiques said they had strong or solid 2023.
3 minute read
January 31, 2024 | Legaltech News

Legalweek Day 1: Why Gen AI Still Holds Legal Professionals' Attention

When it comes to the hottest technology of Legalweek 2024, attorneys and legal professionals are uncharacteristically eager, while legal tech vendors are betting that slow and steady may win the race.
5 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read

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