Legal Current is a podcast from Thomson Reuters, Legal, that features information and commentary on the business and practice of law.
Adapting International Arbitration Through Remote Technology
The COVID-19 pandemic has not only affected in-person court hearings, but has similarly affected the arbitration world as well. In-person arbitration hearings are now difficult to hold, owing to travel restrictions and the difficulty in safely conducting face-to-face hearings.
The Arbitration Institute of the Stockholm Chamber of Commerce, one of the leading institutions for international arbitration, is leading the charge to adapt arbitration processes and technologies to remote hearings.
Global Lawyer Hackathon Addresses Climate Change
Hundreds of lawyers around the world are participating in a unique global “hackathon” to create new contracts and model laws to help fight climate change. The Chancery Lane Project aims to create legal frameworks to enable and encourage businesses and communities to have a positive impact on the environment, and envisions a world where every contract and law enables solutions to climate change.
Becky Clissmann, environmental law editor at Practical Law, discusses the project.
State of the Small Law Firm Report
Small law firms have had to endure not only the impact of the COVID-19 pandemic on the legal market, but also the additional challenges of being a small business during the current conditions.
The 2020 State of the U.S. Small Law Firms Report looks at how small firms are faring against the recent challenges. Mark Haddad, general manager of the Small Law Firm Segment at Thomson Reuters discusses the report’s findings, and how the current situation also presents opportunities for firms
COVID-19 & "Business Divorces"
The tremendous disruptions caused by COVID-19 may introduce a new term to the business lexicon: business divorce. Many small, privately-held and family-owned businesses may not have anticipated the kind of business and personal stressors being brought on by the pandemic.
Lee Weinberg of Weinberg Gonser LLP discusses how “business divorces” may surge because of the COVID-19 situation.
State of the Legal Market - Canada
When the year began, 2020 had been expected to be a growth year for the Canadian legal market. Now the outlook has changed to one of uncertainty.
But legal needs remain, and law firms and corporate legal departments still need to meet those needs, and therein remains potential opportunities.
Maria Cooley, head of Canada for Thomson Reuters, discusses the picture that is coming into focus for Canadian corporate legal department moving forward.
Thomson Reuters HighQ Announces Version 5.4
One of HighQ’s strengths is its versatility in solving a myriad of problems that law firms and legal departments deal with. That has taken another leap forward with the introduction of HighQ 5.4.
Stuart Barr, Chief Product & Strategy Officer, discusses the innovations in version 5.4, including seamless integration with Contract Express, allowing more powerful document automation.