Thomson Reuters Institute

Legal 
resource center

The Thomson Reuters Institute’s Legal coverage focuses on the business of law, including critical issues of great importance to lawyers, whether within law firms, corporate law departments, or solo practices.

2024 Report on the State of the US Legal Market

In this year's report, we look at the current tumultuous environment for the legal industry and what law firm leaders can do to best navigate through

Law firm rates in 2024

A new report shows law firms are continuing their impressive run of growth in billing rates; however, potentially softer demand in 2025 may make such continued strong rate growth an important necessity

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