Thomson Reuters Institute

In our new Future of Professionals Report 2024, we see among the thousands of professionals that were surveyed across the #Legal, #Tax, #Trade, #Accounting, #Risk, #Fraud & #Compliance fields, that the rise of #AI and #GenAI remains the dominant issue that respondents see propelling change in their professions. Download your copy of the report today: https://lnkd.in/eVRCicD9 Thomson Reuters #FOP2024 #TRInstitute

A new report reveals #Tax & #Accounting firm professionals believe #GenAI will be a part of their daily lives, but absent client direction, many firms have unanswered questions about business implications, #GenAIPolicies, and training. Download report: https://ow.ly/huSv50SKiUq #AI #TaxLeaders #TRInstitute #TRIReports

Climate-related #Litigation surges globally, with claimants winning 70% of 'climate-washing' cases, as companies face growing financial and #LegalRisks for misleading #Sustainability claims and inadequate #Climate risk management: https://ow.ly/ES6850SGWOQ #ClimateWashing #Legal #TRInstitute

While the technology behind the latest innovations in #LegalService delivery may be new, the concerns about the potential impact on firm profits are not. Explore more: https://ow.ly/e5Pq50SHhLi #GenAI #LawFirms #TRInstitute

#Biometrics technology is increasingly used by organizations, and that means companies will need to be more careful to preserve individuals’ #Privacy. Continue reading: https://ow.ly/mrxS50SHAhO #Compliance #DataPrivacy #TRInstitute

The proliferation of #GenAI and large-language models pose a massive #SecurityThreat, and while upcoming #Regulatory frameworks will help, companies can prepare today through zero-trust architecture that ensures "Never trust, always verify". Read more: https://ow.ly/sA9W50SIRgY #Cybersecurity #GenerativeAI #TRInstitute

In a new podcast, we speak with Cheria Coram, a corporate tax technologist and chair of the Tax Executives Institute’s Tax Technology Committee, on this year’s TEI Tax Technology Seminar, why #TaxProfessionals should adopt a #GrowthMindset and focus on leading through change, and how meeting new global #TaxRegulations all comes down to data readiness. Listen here: https://lnkd.in/dEfaeayb Apple Podcasts: https://lnkd.in/djkzp4eQ Spotify: https://lnkd.in/dxiYdn8q Zach Warren #TaxLeaders #TaxTechnology #TRInstitute #TRPodcasts

New data shows that #LawFirms are shifting priorities towards more specialized and expensive support staff roles, with notable increases in library & research and #IT & technology functions. Explore more: https://ow.ly/mXlx50SFPgv #LawFirmLeaders #LawFirmTalent #TRInstitute

#LawFirms should resist the temptation to look first at what is hard to change and instead focus on things more within their control. Continue reading: https://ow.ly/LVQb50SCYix #LawFirmProfitability #LawFirmLeaders #TRInstitute

#ElderAbuse is more than physical violence or depriving of necessities, and in some severe cases, it is an attack on the mental and financial well-being of #ElderlyPeople that can lead to the loss of savings or a broken heart. https://ow.ly/fWH650SCY8M #ElderFraud #Fraud #TRInstitute