Thomson Reuters ProView expands mobile eBook access for professionals via new iPhone app

Sydney, Australia — Thomson Reuters ProView now offers an iPhone® app, making it easier than ever for professionals to use leading eBook resources while on the go.

Users can now experience ProView’s market-leading eReader technology optimised for the iPhone, with the ProView features and functionality that professionals rely on to do their work better and faster.

  • Resume your work while on the go
    Seamlessly pick up where you left off with the Recent Activity feed for quick reference to recent research. ProView synchronises activity across your devices, giving greater continuity and mobility to efficiently complete tasks.
  • Quickly access content
    Easily search by title or author, search across your ProView library for relevant content, or navigate the table of contents to locate the answers you need.
  • Leverage productivity tools
    Work online or offline with the same ProView features and functionality you are familiar with, including the ability to create annotations and share content and links.

“Thomson Reuters is committed to delivering innovative solutions to address the day-to-day challenges our customers face” said Matthew Heaphy, head of ProView for Australia and New Zealand. “The new ProView iPhone application is the latest example of how we can help our customers work smarter and more efficiently, wherever they may be. The size constraints of the smartphone screen necessitated a re-think of the ProView user interface and the new application greatly benefits from the feedback and insights from the many customers globally that participated in our beta testing programme.”

Thomson Reuters ProView for iPhone is available from the Apple App Store®.

Thomson Reuters ProView is a proprietary, market-leading eBook platform for legal and tax professionals, with features that are specifically designed for professional use, such as navigation, annotation and sharing capabilities within digital libraries and titles. ProView eBooks are published in seven languages across five continents and are available for Apple® iPad® and iPhone®, AndroidTM tablets, SurfaceTM tablets, and Windows® and Mac® computers through both browsers and an installed app.

For more information on ProView, visit: legal.thomsonreuters.com.au/proview

Thomson Reuters

Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 55,000 people and has operated in more than 100 countries for more than 100 years. In Australia, Thomson Reuters delivers legal research, practice management, workflow and document automation solutions and products for lawyers, barristers, government, courts, corporates, academics and students. For more information, visit: legal.thomsonreuters.com.au

The time has come for change: Dentons and Thomson Reuters team up to dismantle the ‘Merit Myth’

Sydney, Australia – Dentons and Thomson Reuters are hosting ‘The Great Debate, Courageous Counsel v Millennials: Dismantling the Merit Myth’ on Thursday, 1 March 2018.

The debate is part of #TRChangeMakers, a global Thomson Reuters initiative that brings together key business leaders, with the express purpose of galvanising individuals to make commitments and take action to improve the gender balance at the top of organisations.

More organisations are recognising the need to address gender inequality in the workplace and across the board there have been some gradual increases in the percentage of women on boards. Despite these ‘wins’, women remain under-represented in leadership positions. Underpinning this gender imbalance is the ‘Merit Myth’; with a focus on merit masking inherent gender inequality and unconscious bias that exists within many organisations.

Kara Baysinger, Dentons partner and co-author of the successful ‘Courageous Counsel: Conversations with Women General Counsel in the Fortune 500’, will kick off the event with three inspirational stories from women across different eras who successfully navigated the merit issues of their time and how having courage contributed significantly to their success.

Panellists John Dalzell, Dentons; Michelle Sutherland, Arbonne International; Shan-Ree Tan, Practical Law Australia; and Emma Crause, Brookfield Australia Investments Limited will debate whether it will be the ‘rich in experience’ Courageous Counsel or the ‘uber tech-savvy’ Millennial who ultimately dismantle the ‘Merit Myth’ and remove it from everyday corporate vernacular.

Catherine Roberts, Director, Practical Law Australia, Thomson Reuters Legal Australia and New Zealand, said, “Thomson Reuters is so pleased to be partnering with Dentons in promoting this crucial discussion regarding how to promote greater gender diversity in Australia’s legal profession. The obsession with merit is proving to be a distraction from the real reasons women are not employed or promoted to legal leadership roles. The #TRChangeMakers series aims to increase individual accountability and navigate those under-the-radar prejudices to improve the gender balance in leadership teams.”

Louise Massey, Dentons Partner, Dentons Global Diversity Council Member and Regional Board Member, said, “Dentons takes as many opportunities as it can to bring together Courageous Counsel globally as we recognise that we need to continue to have frank conversations about ‘merit’ and gender inequality if we’re going to see real changes in female representation at the leadership level. Being able to partner with an organisation like Thomson Reuters on this event has been extremely positive and their global #TRChangeMakers series has many synergies with Dentons’ Global Diversity Council priorities.

About Dentons
Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognised by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons’ polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work. For more information, visit www.dentons.com

About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We call it ‘intelligent information’ because we combine industry expertise with innovative technology to deliver critical information to leading decision makers in the legal market.

In Australia, Thomson Reuters delivers legal research and practice management solutions and products for lawyers, barristers, government, courts, corporates, academics and students. For more information on legal solutions in Australia, visit legal.thomsonreuters.com.au

Australian Law Firms Facing Major Crossroads – “2017 Australia: State of the Legal Market” Report by Thomson Reuters Peer Monitor and Melbourne Law School

Sydney, Australia – Australian law firms stand at a critical “fork in the road” where they face key – and risky – decisions that will determine their paths moving forward.

A new report issued by Thomson Reuters Peer Monitor and Melbourne Law School, “2017 Australia: State of the Legal Market”, says that despite improvements in the large law firm market, firms must make “big strategic decisions” on how to deploy technology to ensure their best opportunity for future growth.

The report is based on financial data drawn from the Australian offices of 18 major law firms, with analysis undertaken by Thomson Reuters Peer Monitor.

The market for large law firm services may have turned a corner in FY 2017. After four consecutive years of declining demand, the market returned to positive growth, albeit a mere 0.1%. Overall, the market showed growth in four key metrics: demand, worked rates, fees worked and utilisation – although none was greater than 1%.  However, after contracting for most of the last decade, even this modest success may mark an important inflection point.

Corporate general and M&A work, along with real estate practices, showed significant growth, while banking and finance had significant contraction in demand.

The very largest firms, referred to as the “Big 8,” generally outperformed their counterparts, with revenue growth averaging 1.6%, while other large firms declined 1.3%. The Big 8 have widened the gap in utilisation, with the average QFE working 310 hours, or 20 more than their counterparts at other large firms. The picture with regard to rates is more mixed.  Big 8 firms have widened the gap on worked rates (agreed upon rates with clients), charging an average of $489 per hour, or $66 more than other large firms. However, with billed rates (rates actually billed to clients), the gap has narrowed somewhat, with Big 8 charging an average of $423, or $48 more than other large firms.

The average firm decreased their overall spend on direct and indirect expenses in FY2017.  Big 8 firms are still growing expenses, only at a slower rate. However, other large firms are contracting both their direct and indirect expense spend. Technology and outside services represented some of the largest increases in spending.

Despite the improving market conditions, the report cautions that firms face increasing pressures from a combination of client demands, growing judicial and regulatory requirements, and evolving preferences of firm employees.  Technologies such as cognitive computing, mobile, client connectivity, software-as-a-service and the cloud, may help firms cope with these pressures and continue to grow profitability.

Dean Corkery, Strategic Markets Development Lead, Thomson Reuters Legal Australia, said, “The advent of new and emerging technologies brings challenges and opportunities to the legal sector. Many firms have already started adding innovation as a key element in their business strategy to better respond to demands from clients and employees. Those that can successfully combine leadership, resources and agility in innovation are likely to come out on top.”

However, in adopting those technologies, law firms must decide whether to pursue a strategy of “Exploit” to leverage current strengths and capabilities to make their current core business as good as it can be, or “Explore” to leverage new exploratory and experimentation efforts that will hopefully bear fruit in the future, or adopt a hybrid approach.

“In an increasingly technology-enabled world with hypercompetitive markets, firms can no longer afford to stand still but instead need to make active choices,” said Joel Barolsky, lead author of the report, and senior fellow at Melbourne Law School and principal at Barolsky Advisors. “Firms must decide whether to be pioneers investing in experimenting with new technologies, or take a more cautious approach and wait to see which technologies take hold and what clients prefer.  Both paths come with their own risks and rewards. My personal view is that firms need to adopt both Exploit and Explore strategies to determine the best path forward.”

To download a copy of the ““2017 Australia: State of the Legal Market” Report, visit the Thomson Reuters Legal Insight website.

Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We call it ‘intelligent information’ because we combine industry expertise with innovative technology to deliver critical information to leading decision makers in the legal market.

In Australia, Thomson Reuters delivers legal research and practice management solutions and products for lawyers, barristers, government, courts, corporates, academics and students. For more information on legal solutions in Australia, visit legal.thomsonreuters.com.au.

Page Seager partners with Thomson Reuters Legal to launch Page Create

Sydney, Australia – Page Seager, a leading commercial law firm has partnered with Thomson Reuters Legal to leverage Thomson Reuters Contract Express software to power Page Seager’s newly-launched Page Create service. Page Create is Australia’s first publicly-available technology platform to deliver free legal documents online via Contract Express.

Page Create lets businesses prepare accurate and high-quality legal documents in minutes. Users simply fill out an online questionnaire and the legal document they need is generated automatically by Page Create.  The Page Create website (www.pagecreate.com.au) provides a selection of legal documents to users for free.

Contract Express is used by law firms throughout Australia and New Zealand to simplify the process of creating legal documents. The software lets firms create their own templates, which are then modified according to the answers to an online questionnaire. The result is a tailored version of the document that meets the client’s unique requirements.

Tim Strachan, Head of Sales Contract Express ANZ, Thomson Reuters Legal, said, “Contract Express is a reliable and intuitive document and contract automation software solution. It helps law firms realise significant time efficiencies, cost savings, and improved accuracy when it comes to developing legal documents. They can then leverage this technology outside the firm, to enhance their client relationships and services.”

“Contract Express helps law firms compete more effectively in the digital age and in a marketplace where clients demand low-cost, high-efficiency legal services. By using Contract Express to power Page Create, Page Seager can deliver significant value to both current and potential clients.”

Gerry Connolly, joint managing partner, Page Seager, said, “Page Create came about as a result of us challenging ourselves to create a better way to deliver legal services. We believe that the best way to deliver legal services efficiently whilst lowering risk for clients is to move to a process and systems based way of controlling quality. The document creation technology that we have launched through Page Create allows us to leverage experienced people’s knowledge and deploy that knowledge efficiently. It is just the beginning in our pursuit to deliver greater value to clients through innovation.”

 

 

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