Law firm profitability fell for a fifth consecutive quarter in Q4 2022, according to the Q4 2022 Thomson Reuters Law Firm Financial Index (LFFI) powered by Financial Insights out today
Shearman & Sterling has cut 26 business services professional roles as well as 12 associates in the United States, blaming economic headwinds and market conditions. The cuts come in the
Aderant today (8 February) announces a strategic partnership with London-based legal spend analytics and matter management provider, Apperio. The two companies plan to deliver a solution that law firms can leverage to
Clio has announced plans to expand into Australia, putting it in direct competition with the likes of incumbent SaaS legal practice management systems such as LEAP, Smokeball and ActionStep, as
LexisNexis UK has released a new report that looks at why almost half of all external legal spend is now taking place through alternative fee arrangements such as flat or
While IT heads would argue that they always make tough decisions when it comes to extracting the most value out of their suppliers and tech stack, the current economic climate
In its first big EMEA win, Australia-founded cloud legal matter management vendor Xakia Technologies has been selected and implemented by global bottling giant Coca-Cola Europacific Partners, which was formed in
Having entered the legal technology space in July this year, Pennsylvania-headquartered private equity firm Renovus Capital has acquired HBR Consulting’s advisory business, which has spun off and now operates as
