Business Development

Thomson Reuters will acquire legal tech startup Casetext for $650M

Thomson Reuters announced Monday that it had reached an agreement to buy the legal tech startup Casetext for $650 million as part of its long-term investment in generative artificial intelligence.

Jun 27, 2023 10:39 AM CDT

Leadership, growth and profitability in a post-pandemic era explored in new report

Ari Kaplan recently spoke with Lydia Flocchini, the chief marketing officer at SurePoint Technologies, Debbie Foster, the CEO at Affinity Consulting, and Laura Wenzel, the global director of product marketing at iManage.

Jun 26, 2023 8:47 AM CDT

Maximize Billable Hours: An overview of law firm time-tracking software

As lawyers in 2023 navigate the business challenges of running a profitable law firm, the value of time-tracking technology is clear: The more time captured and invoiced, the more revenue is generated.

Jun 26, 2023 8:45 AM CDT

Eckert Seamans lays off business administrative professionals

Eckert Seamans Cherin & Mellott has laid off 2% of its business administrative professionals, a law firm spokesperson told Above the Law.

Jun 2, 2023 3:34 PM CDT

Consider teaching law in business school as an alternative career

A JD degree is a gateway to various career alternatives. One of these opportunities, teaching law in a business school, receives little publicity and often is overlooked by law school graduates.

Jun 1, 2023 9:16 AM CDT

Lawyers who know their role can become ‘Rainstars’

My grandfather used to say, “Life is a movie, and we’re all just actors in that story.” And just as all good stories have heroes, understanding who they are and what they want can help lawyers learn to become what I call a “Rainstar.” A Rainstar is a lawyer with a tremendous ability to generate significant revenue for their firm while excelling at client satisfaction and retention.

Jun 1, 2023 2:00 AM CDT

BigLaw firm lays off 47 business services employees

Bryan Cave Leighton Paisner has laid off 34 employees across its U.S. offices and another 13 employees overseas, the law firm announced Thursday.

May 25, 2023 10:12 AM CDT

Legal tech CEO and GC discuss the expanding influence of legal ops and what’s on the horizon

Ari Kaplan recently spoke with Marc Zamsky and Marla Crawford, the CEO and general counsel, respectively, for Cimplifi, an integrated legal services provider that aligns e-discovery and contract analytics for corporate legal departments and law firms.

May 25, 2023 9:03 AM CDT

Thomson Reuters partners with Microsoft for generative AI push

Thomson Reuters said Tuesday it had partnered with Microsoft to create a contract drafting plug-in for Word powered by artificial intelligence and plans to roll out generative AI integration for its suite of legal products, including Westlaw Precision, later this year.

May 23, 2023 2:20 PM CDT

Thomson Reuters will acquire legal tech startup Casetext for $650M

Leadership, growth and profitability in a post-pandemic era explored in new report

Maximize Billable Hours: An overview of law firm time-tracking software

Eckert Seamans lays off business administrative professionals

Consider teaching law in business school as an alternative career

Lawyers who know their role can become ‘Rainstars’

BigLaw firm lays off 47 business services employees

Legal tech CEO and GC discuss the expanding influence of legal ops and what’s on the horizon

Thomson Reuters partners with Microsoft for generative AI push

How lawyers can take advantage of ChatGPT and other large language models disrupting the legal industry

55 lawyers among 5% of global workforce being laid off at this BigLaw firm

LexisNexis announces new generative artificial intelligence platform

How are BigLaw firms faring in first quarter? Billable hours are at 15-year low

More than 110 lawyers leave this BigLaw firm to join new shop

Software company CEO discusses the importance of being customer-centric

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