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Thomson Reuters CLO Thomas Kim: The chaotic events of 2020 & their impact on the legal industry in 2021

Natalie Runyon  Director / ESG content & Advisory Services / Thomson Reuters Institute

Natalie Runyon  Director / ESG content & Advisory Services / Thomson Reuters Institute

The year of 2020 has been unprecedented for the legal industry, the economy, and the workforce. The continuing pandemic and ensuing economic crisis has impacted everything from how we interact with each other, to where we travel, to how we work.

How will what we have learned this year impact 2021 and beyond?

In a new podcast on the Thomson Reuters Institute Market Insights channel, Thomson Reuters’ Chief Legal Officer and Company Secretary Thomas Kim, talks with Natalie Runyon of Thomson Reuters, about where the legal industry is heading in the coming years and how the lessons of 2020 will continue to have an impact.

You can listen to the full podcast with Thomas Kim here.

In the podcast, Kim shares his thoughts on the key take-aways of the chaotic events of 2020, and how those events and other legal industry trends — such as digital transformation and artificial intelligence — are continuing to impact how organizations’ chief legal officers approach their top priorities, such as talent, remote working, and leadership in 2021 and beyond.

During the conversation, Kim and Runyon also explore the acceleration of virtual courts during the pandemic and how this itself has had a tremendous impact on citizens’ access to justice. Finally, Kim also shares his lessons for this or any year, and how important it is to be able to manage through dramatic change — whether the world is experiencing a pandemic or some other seismic event.

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