Peer to Peer: ILTA's Quarterly Magazine
Issue link: https://epubs.iltanet.org/i/1439196
47 I L T A N E T . O R G legal tech directories is also increasing. Each legal tech directory specializes in a niche. For example, some are for Alternative Legal Service Providers (ALSPs), some are for cloud tools, and some focus on implementation partners. However, until now, there was no one directory covering all the various niches, a directory of add-ons to products that firms and legal departments currently use, and a directory that also facilitates online transactions. Thomson Reuters Marketplace – Maximizing value for Law Firms and Corporate Legal Departments Thomson Reuters Marketplace is a new online platform that empowers law firms and corporate legal departments to readily evaluate and purchase a wide range of tried and tested solutions. Launched in March 2021, Thomson Reuters reviews each vendor's solutions for quality, compliance, and relevant certifications before listing them on the Thomson Reuters Marketplace. In addition, Thomson Reuters Marketplace learns about the solutions, products and services law firms and corporate legal departments care about most, consolidates lists of them on its online platform, and facilitates easy purchases with a click of a button. No more fragmented and lengthy process for finding the right legal tech tools. Free to use, Thomson Reuters Marketplace is not just limited to solutions complementing Thomson Reuters products. Thomson Reuters wants every law firm and corporate legal department to have access to a robust selection of legal tech solutions. For current users of Thomson Reuters products, a large selection of complementary add-ons is also available, allowing those users to maximize their investment in Thomson Reuters products. Some of the benefits of Thomson Reuters Marketplace are: • Integration with all Thomson Reuters products to deliver the right solution at the right time. Users can get what they want, when they want and where they want. • A vast selection of seamlessly integrating solutions. Get one-click solution templates, and connectors with leading solutions such as iManage, NetDocuments, Elite, and many more. • Proven Path, a new capability within Thomson Reuters Marketplace, guides users through a process that filters solutions that are designed to work together. This delivers cost savings by reducing Page 5 of 7 Thomson Reuters Marketplace Right Solutions, Right Time Seamlessly Integrating Proven Path - Guided Recommendations Ratings & Reviews Monetize Filter Out Noise