The American Lawyer | Analysis
By Justin Henry | February 15, 2024
Embracing the nonequity tier, building bigger bonus pools and moving to a "black box" for individual earnings are all on the table.
The American Lawyer | Analysis
By Andrew Maloney | February 14, 2024
"Our talent levels became misaligned with our existing and projected client demand, particularly in our large transactional practices. I take responsibility for this and am truly sorry that those decisions have led to a significant impact on our people today," said Fenwick & West's chair.
By Cassandre Coyer | February 14, 2024
Though law firms' structures have long been an obstacle to successful unionization efforts, generative AI could push the legal industry to consider collective bargaining.
By Cassandre Coyer | February 12, 2024
Though many e-discovery professionals sought to brand themselves as "AI experts" in 2023, it hasn't yet translated into a growing demand for external, artificial intelligence-specific e-discovery roles, according to TRU Staffing Partners' 2024 e-discovery jobs report. However, that may soon change.
By Hugo Guzman | February 12, 2024
As the public's trust in civic institutions declines, "individuals often seek out non-mainstream information sources that align with preexisting beliefs," the consulting firm Gartner said in a report.
The American Lawyer | Analysis
By Dan Roe | February 12, 2024
Law firms are training attorneys on prompt engineering and feeding data into LLMs to get both parties acquainted with each other.
The American Lawyer | Analysis
By Justin Henry | February 9, 2024
After profits per equity partner dipped by 5.7% in 2022, they climbed by 6.6% in the last year, according to data from Citi's Global Wealth at Work Law Firm Group.
By Alaina Lancaster | Zack Needles | February 8, 2024
Last week, Legal Speak was live on location at Legalweek 2024 in New York City, where we interviewed professionals from across the legal industry about everything from the practical applications of generative AI to the benefits of sharing ideas and advice with both colleagues and competitors.
By Isha Marathe | February 7, 2024
Lawyers have historically stayed mum about the value of their work and the resources needed to perform it. But if they want to move away from the billable hour, that's going to have to change.
The Legal Intelligencer | Analysis|News
By Amanda O'Brien | February 6, 2024
Ten firms with roots in the commonwealth that discussed their AI use with Law.com. A majority indicated that most of their use cases for the new technology were internal rather than client-facing.
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