Managing partners in today’s law firms not only find themselves carefully watching the rapid changes in the legal market but also increasingly wondering how they will differentiate their firms to order to increase market share and shore up their strategic position. Jen Dezso, director of client relations with the Thomson Reuters Institute, joins the podcast to discuss findings from numerous interviews with managing partners and explore what today’s managing partners are thinking most about and how that’s influencing their thinking around developing and implementing their law firms’ strategies.

In the latest Clarity podcast, the Thomson Reuters Institute’s Rabihah Butler speaks with Aaron Frye of Lucid Point Consulting about the importance of having organizations accurately document and report fraud losses to better ensure transparency and accountability. The podcast highlights best practices for tracking fraudulent activities, gathering evidence, and communicating key findings to relevant stakeholders.

In the latest Clarity podcast, the Thomson Reuters Institute’s Bill Josten and Isaac Brooks speak with Belinda Jones, CFO of Ballard Spahr, about the impact of current economic volatility on law firms’ financial performance, exploring such issues as aggressive firm rate hikes, a sudden surge in client demand due to the global trade war, and the challenges of managing rising expenses.