As fall associates settle into the reality of legal practice, I am taking the opportunity to share a variety of research “best practices.” These rules can be applied across all environments: law firm, corporate, public service and government. New associates are facing the messy reality of needing to harness legal and factual issues that need
Practical Law
Legal Publishers Roll Out Covid-19 Resources, Toolkits, Documents, Advice (Some Even Free)
Legal publishers have thrown their considerable editorial and technical resources at crafting new documents, pages, and toolkits to help lawyers locate everything from emergency pandemic declarations to drafting an SEC disclosure about the impact of COVID-19. Lawyers need to untangle the myriad legal issues impacting virtually every area of legal practice. We are surely witnessing the emergence of a new pandemic law practice over the course of several weeks. I have summarized the landscape of tools produced by legal publishers to help lawyers get oriented and “jump start” their practice in the “new normal” of law in a time of pandemic.
Bloomberg Law has created a special resource page In Focus: Coronavirus, which offers news, guidance documents, and trackers including the State Quarantine and Public Health Laws, Court Responses to COVID-19, and international and federal agency information regarding the pandemic. The Coronavirus Tax Watch page includes the latest news on the evolving tax landscape in response to the business and economic impacts of Coronavirus;
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Exclusive: Thomson Reuters Launches Practical Law Global Experience
Is any law firm or company immune from Brexit, trade law or global privacy (GDPR) issues? Thomson Reuters is responding to the growth of cross-border legal issues with the launch of the Practical Law Global which allows researchers to browse for foreign law answers by country or topic. Jurisdiction-specific resources are written by a prestigious roster of local experts. Practical Law Global will be available on Wednesday, Feb. 12, 2020.
Practical Law Global offers:Continue Reading Exclusive: Thomson Reuters Launches Practical Law Global Experience
Corrected: Hits and Misses Survey Part 2: Best New Products and Features Released in 2018
Note: My apologies- this was originally posted with a mistaken reference to Intelligize instead of Intelliconnect.
Last week I reported the first installment of results from the Dewey B Strategic Hits and Misses Survey in Terminal Outrage: Results of the 2018-19 Hits and Misses Survey Pt.1.
Today I am reporting on the best New…
Thomson Reuters Panoramic: New Platform Integrates the Practice and Business of Law
Today Thomson Reuters is announcing the release of a major new workflow and pricing solution called Panoramic. The product merges features of Practical Law their knowledge management platform with their cloud based accounting solution 3E.
Several years ago I had an opportunity to see an early version of Panoramic when it was known as Project…
Your Workflow Product Costs Half a Million Dollars — Now How Do I Measure My ROI? Where is the Quickview and PowerInvoice for Practical Law and Lexis Practice Advisor?
For years I have been heaping praise on Thomson Reuters for producing one of the first marketing pieces that took a crack at quantifying the time savings delivered by one of their workflow products. The chart offers a simple comparison of several tasks and shows the time it takes to perform each task and with and without the use of the Practical Law Resources. See Illustration below.
It is probably five years since I saw that first chart and I recently began investigating whether Thomson Reuters has moved from producing a marketing piece to delivering a real tool that could actually help a customer determine or even estimate the time savings or efficiency delivered by Practical Law. I am picking on Thomson Reuters but the truth is that none of the large legal information publishers ( LexisNexis, Wolters Kluwer or Bloomberg Law) which have enhanced their research products with workflow solutions are offering any resource to measuring the ROI of their products. For
Continue Reading Your Workflow Product Costs Half a Million Dollars — Now How Do I Measure My ROI? Where is the Quickview and PowerInvoice for Practical Law and Lexis Practice Advisor?
Bloomberg Law Launches 15th Practice Center: E-Discovery
Today Bloomberg Law is announcing the release of its 15th practice center which is focused on E-Discovery. Bloomberg is moving rapidly to consolidate existing BNA news, practice and analytical resources as well as creating new content to enhance attorneys workflow efficiency. The Bloomberg Law Practice Centers are designed to compete directly with competitors in this space: Thomson Reuters Practical Law and Lexis Practice Advisor.
The E Discovery Practice Center offers a comprehensive solution that integrates news, primary sources including both published and unpublished state and federal court opinions, tools, sample forms, and expert guidance. The press release indicates that this is the only resource of its kind available on an integrated legal research and business intelligence platform. The E-Discovery Practice Center will be available to all Bloomberg Law subscribers at no additional cost.
The practice center’s home page features high value content including a curated collection of fully searchable state and federal court opinions, state-specific discovery guidance and rules, and BNA’s E-Discovery Portfolio series. I don’t recall seeing a collection of state ediscovery rules in any other product. Since ediscovery touches on a wide range of complex issues, the E-Discovery Center links to other BloombergBNA materials in related disciplines. Including: cross-border data transfers, government and internal investigations, and data and privacy security.
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Bloomberg Law Relaunches Corporate Practice Center with In-House Counsel Focus: Compliance, Toolkits and Analytics
As market power shifts from law firms to in-house counsel, Bloomberg Law has responded by bulking up the Corporate Practice Center with resources designed to address the special needs of Chief Legal Officers, Chief Compliance Officers and Chief Operating Officers. Earlier this year Bloomberg Law relaunched the Corporate Practice Center with materials developed with extensive input from corporate counsel at major U.S. Companies. The Corporate Practice at Center includes practice pages covering: compliance, legal operations, corporate governance, alternative business structures, litigation and corporate news. In addition an “In Focus, “hot topics” section offers deep coverage of special topics such as proxy regulation and FCPA.
Bloomberg and the Association for Corporate Counsel (ACC) also announced that they had entered a strategic collaboration for Bloomberg Law to offer sponsored content, practice tools and editorial expertise to ACC members through professional enrichment, educational and development programs.Continue Reading Bloomberg Law Relaunches Corporate Practice Center with In-House Counsel Focus: Compliance, Toolkits and Analytics
Wolters Kluwer Leaps to the Head of the Class with “SmartTasks” Customizable Corporate Know-How and Offers a Free Federal Legislative Knowledge Center
Wolters Kluwer must be offering free double espresso shots every morning to their product developers and editors. Do they even sleep these days? Less than a month ago I wrote a post on the release of their Cybersecurity & Privacy platform … the relaunch of their International Arbitration platform and their alliance with IP analytics provider ktMine. Today they are announcing the release of “Corporate SmartTasks” which follows on their May 18th launch of a free Federal Regulatory Knowledge Center beta site.
The Wolters Kluwer SmartTask Corporate Suite |
Practice Point: Thomson Reuters Promises “Trusted Answsers” and Workflow Tools For the Transactional Lawyer.
release of Practice Point several months ago. At first glance it seemed to be a
slimmed down version of Practical Law. Why two
different products? Where does it fit on a lawyer’s desktop? How does it relate to Westlaw?
I spent some time talking
…