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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Thomson Reuters Corporation    TRI   CA8849037095

THOMSON REUTERS CORPORATION

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Thomson Reuters : Baker McKenzie, DLA Piper, and Dentons top the 2021 Acritas Global Elite Law Firm Brand Index | Thomson Reuters

01/26/2021 | 05:24am EST

MINNEAPOLIS-ST. PAUL, January 26, 2021 -Acritas, part of Thomson Reuters, unveiled the 2021 Global Elite Law Firm Brand Index today. Baker McKenzie retained the top spot for the 11th consecutive year, and DLA Piper remains second on the list. Dentons made the biggest move this year, up eight spots, from 11th to third. Linklaters was fourth, moving up four spots, and Clifford Chance and Hogan Lovells tied for fifth.

In addition to Dentons and Linklaters, five firms increased their position on the index. The results highlight firms that benefitted from building long-lasting, trusted relationships as clients turned to them for strategic counsel and support. Additionally, firms with a true global presence, along with the capabilities to provide expertise and relationships on the ground locally, were able to strengthen their position in this unique environment.

'2020 was an extremely disruptive year all the way around, and both law firms and corporate clients had to adjust how they worked together,' said Elizabeth Duffy, senior director, Global Client Services at Thomson Reuters. 'Corporate legal departments gravitated to their most trusted advisors, leaning on relationships formed over years. And law firms that demonstrated a local presence along with global coverage were able to ensure that they could meet the needs of clients no matter the location.'

Duffy noted that the survey results emphasize firms must continue to adapt to survive and grow. In particular, firms should embrace flexibility for remote working, more inclusive working practices and an improved work-life balance to strengthen their brand as well as to demonstrate how they value and respect their lawyers.

'Firms have always known their lawyers represent the firm's brand, but this last year has put a spotlight on how everyone within a firm is a brand ambassador,' added Duffy. 'When lawyers feel support from their leadership and are proud to work at the firm, clients recognize that, and it often leads to stronger relationships, both within the firm and with clients.'

The Acritas Global Elite Law Firm Brand Index measures the firms that are most top of mind and most favored by corporate clients with more than US $1B in global revenues, as well as most considered for multi-jurisdictional deals and litigation.

A full copy of the Acritas Global Elite Law Firm Brand Index can be downloaded here.

Thomson Reuters

Thomson Reuters is a leading provider of business information services. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news service - Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.

CONTACT

Jeff McCoy
+1.763.326.4421
jeffrey.mccoy@thomsonreuters.com

Disclaimer

Thomson Reuters Corporation published this content on 26 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2021 10:23:07 UTC


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Financials (USD)
Sales 2020 5 980 M - -
Net income 2020 556 M - -
Net Debt 2020 2 583 M - -
P/E ratio 2020 77,3x
Yield 2020 1,70%
Capitalization 43 885 M 44 235 M -
EV / Sales 2020 7,77x
EV / Sales 2021 7,48x
Nbr of Employees 24 400
Free-Float 33,6%
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Average target price 95,70 $
Last Close Price 88,61 $
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Stephen John Hasker President, Chief Executive Officer & Director
Michael Eastwood Chief Financial Officer
David K. R. Thomson Non-Independent Chairman
Kirsty Roth Chief Operations & Technology Officer
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