In an age of disruption, BigLaw or traditional large law firms face increasing competition from rapidly evolving NewLaw providers. But what does NewLaw actually mean, and how do these firms differ…
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How BigLaw and NewLaw are Collaborating for a Better Future
The terms “BigLaw” and “NewLaw” were first coined by professional advisory firm Beaton Capital in 2013, and refer to two very different business models for the provision of legal services. In the legal and…
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The Re-Emergence of MDPs: What This Means for Traditional Law Firms
The Enron disaster saw most of the Big Four accounting firms retreat from the legal services market. In recent years, however, these companies have become increasingly sophisticated, transforming themselves from traditional auditing…
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Is Your Law Firm Ready for the Big Data Revolution?
In many sectors of the global economy, big data is proving a useful tool for businesses to leverage data analytics in order to tailor their offerings to audiences and gain…
Read more![Peter Connor on Legal Department Change and Innovation [Q&A]](https://insight.thomsonreuters.com.au/legal/wp-content/uploads/sites/8/2019/06/peter-connor-photo-2016_284x235-270x141.jpg)
Peter Connor on Legal Department Change and Innovation [Q&A]
The legal industry is undergoing a transformative change. Virtual firms, disruptive business models, artificial intelligence and alternative ways of approaching the practice of law are quickly becoming the ‘new normal’.…
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2016 Australia: State of the Legal Market [Report]
The Melbourne Law School and Thomson Reuters Peer Monitor® are pleased to present this report setting out the dominant trends impacting the legal market in 2016 and the key issues to influence…
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Blockchain Technology in Australia: An Update for Lawyers
Blockchain, the emerging peer-to-peer distributed ledger technology, has continued to make recent headlines in the business and legal media. Blockchain underpins a new generation of disruptive transaction technologies, by promising…
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Could Artificial Intelligence Help Your Law Firm Deliver Better Value?
Advances in automation are empowering lawyers to cut down on labour-intensive, repetitive tasks and instead focus their skills on higher-value work. Now, artificial intelligence (AI) is making this automation much…
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How to Future-Proof Your Firm in the NewLaw Revolution
Firms are stepping beyond the dogma of traditional legal service delivery, lawyers are carving out new flexible career opportunities and clients are getting cost certainty and transparency. But how is…
Read moreTop 10 Legal Department Technology Myths Busted! [Whitepaper]
In speaking with a lot of legal departments over the years, we’ve found that many have false preconceptions, especially about technology. In this whitepaper, we reveal the top 10 legal department technology myths…
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