Thomson Reuters snaps up British AI startup that provides legal advice Tech Information giant Thomson Reuters has snapped up British artificial intelligence (AI) company Safe Sign Technologies as it looks to grow its suite of AI-powered research tools targeted towards the legal industry. Safe Sign has been building and developing a legal specific large language model (LLM) that aims to make reliable legal advice more accessible. Both firms [...]
Almost half of UK corporations set to ramp up legal spend amid M&A resurgence LAW Nearly half of UK corporations are predicting an increase for their legal spend as the demand for legal advice on M&A transactions has clawed back
Square Mile and Me: Kleinwort Hambros CIO Gene Salerno on making it across the pond square mile and me Gene Salerno, CIO at SG Kleinwort Hambros, tells us about meeting Bill Clinton, an awkward reception dinner, and swapping New York for London.
Law firms filed over 1,000 legal tech patents globally – but only 1 was filed in the UK July 13, 2023 Law firms around the world are increasingly investing in technology to remain competitive, new data shared with City A.M. reveals. Exactly 1,184 patent applications for legal services technology were filed globally in the year ending September 2022, according to data obtained by Thomson Reuters from the World Intellectual Property Organisation. China filed the most with [...]
ITV ‘actively exploring’ Traitors producer All3Media acquisition June 16, 2023 Broadcaster ITV has confirmed it is “actively exploring” an acquisition of Traitors producers All3Media. It follows reports the TV channel was seeking to buy the production company from its joint owners Warner Bros Discovery Inc., which is facing a debt issue, and Liberty Global. The business would be combined with ITV’s Studios unit, according to [...]
Thomson Reuters ups forecasts despite ongoing geopolitical uncertainties May 3, 2022 Thomson Reuters raised its 2022 forecast after beating first-quarter expectations and warning of the ongoing economic woes.
Thomson Reuters struggles to keep up with itself with profit down from 2020 February 8, 2022 Thomson Reuters missed fourth-quarter earnings forecasts today as the news and data provider boosted investments in what it said would help deliver stronger-than-expected revenue growth this year and next. The parent company of Reuters News said fourth-quarter operating profit fell 73 per cent year on year to $257m (£190m), and adjusted earnings per share, which [...]
Reuters raises 2021 revenue forecast once again November 2, 2021 Thomson Reuters Corp raised its 2021 revenue forecast for the third time this year as the news and information company benefits from a recovering global economy.