2880x1100 of city workers cross London Bridge during the evening rush-hour in the City of London October 8, 2008. The government pumped 50 billion pounds of taxpayers' money into its banks on Wednesday, seeking to revive Europe's top financial centre and help allay an economic storm threatening industry and jobs around the world.

case study

Greater efficiency and cost-effectiveness: A Practical Law Connect testimonial

Thomson Reuters sat down with attorney Nick Vivian to talk about his experience with Thomson Reuters Practical Law Connect. Short on time and with an ever-growing volume of work, Nick needed a solution that could help him find the legal resources he needed, quickly and easily. His team was looking to effectively manage research costs while making sure they had the most current and most accurate resources available.

Q. You recently purchased Thomson Reuters Practical Law Connect. How has it changed the way you work?

A: Practical Law Connect efficiently categorizes information by practice area and tasks and allows me, personally, to get to that information more quickly so I can find it, call it up, review it, and relay it to the client. Then we can move on a particular action step, or we can put together a particular plan of action. Much of what Practical Law Connect provides is efficiency in finding the information, giving me the opportunity to review and analyze the information.

Q: Practical Law Connect starts with practice areas, and then provides task-based menus to help you drill down to locate tasks. How do you use these menus?

A: Very often, I’m looking for a particular type of agreement or information on a particular concept or type of transaction. And that’s where the menus are very helpful because, rather than starting with a search and searching the broad spectrum of information that was available before – but not in this format – I can click through the menus to directly find the type of agreement that I’m looking for.

For example, if I’m looking for a shareholder agreement, I know I can go to the business organizations tab and get direct links to shareholder agreements. If I’m looking for clauses or if I’m looking for forms, it’s out there, and it’s categorized in a way that intuitively makes sense and allows me to get there. The links and the menus have been very helpful in getting away from doing broad searches, which require me to look through long lists of information. For me, one of the greatest benefits of Practical Law Connect is the fact that it classifies information based on practice area – the relevant practice areas within which I work and spend the majority of my time.

Q: Practical Law Connect provides content that is hand-picked by our attorney-editors and serves up only content relevant to your task at hand. How has this affected your work?

A: Because of the time that the attorney-editors spend selecting the content and the fact that the documents are maintained and updated on a regular basis, we’re very confident that we’re getting the best, most current, and accurate information that we need.

Q. Has Practical Law Connect helped your team do their best work, with confidence?

A: Practical Law Connect provides us with a greater opportunity to go back and double-check our work, because we’ve finished a task ahead of time, and so we have more time to go back and review our work and make sure that the agreement says exactly what it needs to say, or that the set of agreements cover the entire situation that we’re trying to address.

 

About Nick Vivian

Nick is a partner with Eckberg Lammers, a Midwest law firm with offices in Minnesota and Wisconsin. He serves as the lead attorney for the firm’s banking & finance, business, and commercial real estate groups.

About Practical Law Connect

Practical Law Connect is the first-of-its-kind solution that delivers trusted Thomson Reuters legal know-how, primary law, and workflow tools. It’s intuitively organized to feature the most relevant resources selected by our team of experts, so you get the answers you need quickly.

Practical Law Connect is uniquely organized by practice area and task, making it easier for you to focus on what needs to get done – without having to sort through what you don’t need. You get what you need to deliver your best work faster and more efficiently, all from one innovative solution.

Get started with Practical Law Connect

See how Practical Law Connect can help your in-house legal team do their best work with confidence