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Bill Josten
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Clarity
The impact of GenAI on the business of law and the billable hour
In the latest podcast on the Thomson Reuters Institute (TRI) Insights channel, business of law and legal pricing visionaries Toby Brown and Stuart Dodds join Bill Josten, Senior Enterprise Content Manager for Legal at TRI, to discuss the implications that GenAI will have on the billable hour, alternative and value-based pricing arrangements, and how law firms can protect and grow their revenue streams going forward.
2024-12-04
43 min
Clarity
The impact of GenAI on the business of law and the billable hour
In the latest podcast on the Thomson Reuters Institute (TRI) Insights channel, business of law and legal pricing visionaries Toby Brown and Stuart Dodds join Bill Josten, Senior Enterprise Content Manager for Legal at TRI, to discuss the implications that GenAI will have on the billable hour, alternative and value-based pricing arrangements, and how law firms can protect and grow their revenue streams going forward.
2024-12-04
43 min
Clarity
What do clients want to see when law firms set their rates for legal matters?
In the latest Thomson Reuters Institute (TRI) Insights podcast, nationally recognized legal services procurement experts Audrey Rubin, formerly of Aon, and Justin Ergler, formerly of GlaxoSmithKline, join host Bill Josten, TRI’s senior manager for legal content, to discuss clients’ perspective on law firm rates in 2024 and what they wish law firms would consider in setting rates for 2025. In a conversation that ranges from rates, to revenue, profits, cost recovery, and alternative fee arrangements, the podcast illuminates valuable insights on how law firms can focus not only on the rates they charge their clients, but on ho...
2024-09-11
37 min
Clarity
What do clients want to see when law firms set their rates for legal matters?
In the latest Thomson Reuters Institute (TRI) Insights podcast, nationally recognized legal services procurement experts Audrey Rubin, formerly of Aon, and Justin Ergler, formerly of GlaxoSmithKline, join host Bill Josten, TRI’s senior manager for legal content, to discuss clients’ perspective on law firm rates in 2024 and what they wish law firms would consider in setting rates for 2025. In a conversation that ranges from rates, to revenue, profits, cost recovery, and alternative fee arrangements, the podcast illuminates valuable insights on how law firms can focus not only on the rates they charge their clients, but on ho...
2024-09-11
37 min
Clarity
Gen AI has arrived for legal — So what does that mean for the bottom line?
Generative artificial intelligence (GenAI) is set to make a splash in the legal industry, but its introduction not only raises practice of law questions — it’s set to have a major impact on billing and pricing practices. On this week’s episode of the Thomson Reuters Institute (TRI) Insights podcast, Bill Josten and Zach Warren, both of TRI, examine GenAI’s impact on legal billing, including why we’re not seeing the impact on time sheets quite yet (but will soon), whether GenAI will finally be what kills the billable hour, and if a $1 million legal problem now takes 15 minutes to...
2024-06-11
39 min
Clarity
Gen AI has arrived for legal — So what does that mean for the bottom line?
Generative artificial intelligence (GenAI) is set to make a splash in the legal industry, but its introduction not only raises practice of law questions — it’s set to have a major impact on billing and pricing practices. On this week’s episode of the Thomson Reuters Institute (TRI) Insights podcast, Bill Josten and Zach Warren, both of TRI, examine GenAI’s impact on legal billing, including why we’re not seeing the impact on time sheets quite yet (but will soon), whether GenAI will finally be what kills the billable hour, and if a $1 million legal problem now takes 15 minutes to...
2024-06-11
39 min
Law Subscribed
(71) The 2024 Report on the State of the US Legal Market with Bill Josten of the Thomson Reuters Institute
Check out the TR 2024 Report on the State of the US Legal Market.Check out my new show, the Law for Kids Podcast.Get Connected with SixFifty, a business and employment legal document automation tool.Sign up for Gavel using the code LAWSUBSCRIBED to get 10% off an annual subscription.Visit Law Subscribed to subscribe to the Substack newsletter to get notified about every episode, listen from your web browser, and for additional content.Follow @lawsubscribed everywhere.Sign up for the Subscription Seminar waitlist at subscriptionseminar.com.Check out Mathew Kerbis' law firm Subscription Attorney LLC. Get full access to Law Subscribed at www.lawsubscribed.com/subscribe
2024-05-03
58 min
Clarity
New reports on Canadian law firms and lawyers in Canadian government agencies shows optimism, amid concerns
Steve Assie, head of the Canadian business for Thomson Reuters, joins the Thomson Reuters Institute’s Insights podcast to discuss some of the key findings from the recently released 2024 State of the Canadian Law Firm Market Report and the 2024 Canadian Government Lawyers Benchmark Report. Steve and host Bill Josten discuss findings from the report that Canadian lawyers generally view their law firms as successful and have a positive view for potential growth in the market in coming years, but also understand the potential downside they face from a variety of problems that they have yet taken steps to a...
2024-03-27
33 min
Clarity
New reports on Canadian law firms and lawyers in Canadian government agencies shows optimism, amid concerns
Steve Assie, head of the Canadian business for Thomson Reuters, joins the Thomson Reuters Institute’s Insights podcast to discuss some of the key findings from the recently released 2024 State of the Canadian Law Firm Market Report and the 2024 Canadian Government Lawyers Benchmark Report. Steve and host Bill Josten discuss findings from the report that Canadian lawyers generally view their law firms as successful and have a positive view for potential growth in the market in coming years, but also understand the potential downside they face from a variety of problems that they have yet taken steps to a...
2024-03-27
33 min
Clarity
Key takeaways from the “2024 Report on the State of the US Legal Market”
With key insights on law firm growth, rates, and profits, the 2024 Report on the State of the US Legal Market is an invaluable resource for law firm leaders. Chief author James Jones, Senior Fellow at the Georgetown University Law Center on Ethics and the Legal Profession, joins the Thomson Reuters Institute’s Bill Josten for a deep dive into some of these important insights.
2024-01-23
43 min
Clarity
Key takeaways from the “2024 Report on the State of the US Legal Market”
With key insights on law firm growth, rates, and profits, the 2024 Report on the State of the US Legal Market is an invaluable resource for law firm leaders. Chief author James Jones, Senior Fellow at the Georgetown University Law Center on Ethics and the Legal Profession, joins the Thomson Reuters Institute’s Bill Josten for a deep dive into some of these important insights.
2024-01-23
43 min
Clarity
Predictions for 2024: Developments in legal and tax
At the opening of 2024, our in-house experts on the tax and legal industries, Nadya Britton and Bill Josten, share what they see as the key issues for the coming year.
2024-01-10
31 min
Clarity
Predictions for 2024: Developments in legal and tax
At the opening of 2024, our in-house experts on the tax and legal industries, Nadya Britton and Bill Josten, share what they see as the key issues for the coming year.
2024-01-10
31 min
Clarity
How law firms can protect their revenue in 2023
After several banner years, many law firms find themselves in a different position in 2023. While billing rates set new record marks, law firm profitability continues to slip, driven down by a continued rise in overhead expenses and a slowing of how effectively law firms collect the cash that is owed to them. In the latest Thomson Reuters Institute Insights Podcast, host Bill Josten is joined by Brent Turner from Thomson Reuters Institute Advisory Services to discuss the realities of today’s legal marketplace and what law firms can do to protect their profitability this year and beyond....
2023-06-06
37 min
Clarity
How law firms can protect their revenue in 2023
After several banner years, many law firms find themselves in a different position in 2023. While billing rates set new record marks, law firm profitability continues to slip, driven down by a continued rise in overhead expenses and a slowing of how effectively law firms collect the cash that is owed to them. In the latest Thomson Reuters Institute Insights Podcast, host Bill Josten is joined by Brent Turner from Thomson Reuters Institute Advisory Services to discuss the realities of today’s legal marketplace and what law firms can do to protect their profitability this year and beyond....
2023-06-06
37 min
Clarity
Podcast: Dynamic Law Firms Report
In the latest podcast available on the Thomson Reuters Institute Market Insights channel, Bill Josten, manager of legal industry and law firm content at Thomson Reuters Institute, recently spoke with Randy Staggers, Chief Financial and Administrative Officer at Baker Donelson, about the findings of the Dynamic Law Firms Report, and whether and how law firms can model similar success within their own businesses.
2022-05-11
33 min
Clarity
Podcast: Dynamic Law Firms Report
In the latest podcast available on the Thomson Reuters Institute Market Insights channel, Bill Josten, manager of legal industry and law firm content at Thomson Reuters Institute, recently spoke with Randy Staggers, Chief Financial and Administrative Officer at Baker Donelson, about the findings of the Dynamic Law Firms Report, and whether and how law firms can model similar success within their own businesses.
2022-05-11
33 min
Clarity
Podcast: Regional Law Firm Brand Indexes 2022
In the latest podcast available on the Thomson Reuters Institute Market Insights channel, Thomson Reuters' Bill Josten, and Becky Halat discusses the lessons from the Regional Law Firm Brand Indexes and the ongoing shift they show in the relationships between corporate clients and their outside law firms.
2022-04-20
22 min
Clarity
Podcast: Regional Law Firm Brand Indexes 2022
In the latest podcast available on the Thomson Reuters Institute Market Insights channel, Thomson Reuters' Bill Josten, and Becky Halat discusses the lessons from the Regional Law Firm Brand Indexes and the ongoing shift they show in the relationships between corporate clients and their outside law firms.
2022-04-20
22 min
Bierschinken-Podcast
BS #31 SBÄM
Gerd sitzt und spricht mit Stefan Beham aka SBÄM Die eingespielten Songs waren: The Von Tramps - 2 am Russ Rankin - Babel The Rumperts - Fill the cup Geredet wurde über: Bands: Good Riddance, Bad Astronaut, Strung Out, Me First and the Gimme Gimmes, NOFX, Mad Caddies, No Fun At All, Face to Face, Pulley, Snuff, Chaser, Venomous Pinks, Bad Cop Bad Cop, Motörhead, The Von Tramps, CF98, The Rumperts, Pennywise, Bad Religion, Belvedere, Not on Tour, Stolen Wheelchairs, Dropkick Murphys, DFL, Donots, Descendents, American Steel, Lagwagon Personen: David Pollack, El Hefe, Sco...
2022-03-08
1h 01
Clarity
Podcast: Taking the temperature of the nation’s legal market
In this latest podcast on the Thomson Reuters Market Insights channel, Bill Josten, manager of legal industry and law firm content at Thomson Reuters Institute, speaks with Jim Jones, a senior fellow with Georgetown Law and the chief author of the recent 2022 Report on the State of the Legal Market, about some of topics that have garnered the most attention since the report’s release, as well as a few topics that have perhaps flown a bit more under the radar.
2022-02-27
46 min
Clarity
Podcast: Taking the temperature of the nation’s legal market
In this latest podcast on the Thomson Reuters Market Insights channel, Bill Josten, manager of legal industry and law firm content at Thomson Reuters Institute, speaks with Jim Jones, a senior fellow with Georgetown Law and the chief author of the recent 2022 Report on the State of the Legal Market, about some of topics that have garnered the most attention since the report’s release, as well as a few topics that have perhaps flown a bit more under the radar.
2022-02-27
46 min
Legal Current
Can Technology Give Firms a Competitive Edge? Dynamic-Static Law Firm Report
Technology is often touted as a game changer, a field-leveler, a way for firms to gain a competitive edge over other firms. Marketing hype aside, is that really the case? The Legal Executive Institute’s Dynamic-Static Law Firm Report looked at Peer Monitor law firm data to see if use of technology helped firms perform better. Bill Josten, the author of the report, discusses the findings.
2019-02-05
11 min
Legal Current
Which Firms Are Gaining Ground? Dynamic-Static Law Firm Report
In an era of low growth, the law firm market is increasingly close to a zero-sum game where one firm’s gain is at the expense of the market share of another firm. The Legal Executive Institute’s Dynamic-Static Law Firm Report analyzes the difference between dynamic growing firms and firms that are more static and flat. Bill Josten, the author of the report, discusses the findings.
2018-11-05
11 min
Law Technology Now
2017 State of U.S. Small Law Firms Survey from Thomson Reuters
For the second year in a row, Thomson Reuters released the 2017 State of U.S. Small Law Firms, a survey with input from over 300 small and solo law firms. In this episode of Law Technology Now, host Bob Ambrogi talks to Bill Josten about the results of this survey including the common challenges facing small and solo firms, their biggest sources of competition, and how they are investing in technology to improve efficiency. They also discuss how these firms measure success and tips for improving client intake. Bill Josten is the senior legal industry analyst for the...
2017-12-22
36 min
The Bloggers Briefing
The Bloggers Briefing at the Chamber of Commerce
Chamber of Commerce executive vice president Bruce Josten, along with Bill Kovacs and Randy Johnson, shed light on how unaccountable federal agencies are making decisions that harm the livelihood of millions of Americans.
2011-04-26
00 min