There was little to cheer about in the large law firm market as 2016 came to a close. The fourth quarter finished in a draw, as reduced expenses helped offset a deepening slump in demand. So the Thomson Reuters Peer Monitor Economic Index (PMI), which measures the relative health of the large law firm market, remained unchanged for the second consecutive quarter at 48.
Sweet & Maxwell, part of Thomson Reuters and a leading provider of solutions to the legal industry, has collaborated with The Government Legal Service (GLS) to pilot an innovative solution that delivers legal training to lawyers employed by the British government. The solution, a modular training webinar with CPD accreditation, extends the reach of GLS training programs, and is a more effective and flexible way of training the 2,000 government lawyers located across the country.