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WHAT WE'RE WATCHING

PRO BONO REBOUND? –  Industry watchers predict that pro bono hours will bounce back in 2022 with a focus on political and national events. In 2020, COVID-19 and the murder of George Floyd helped spur pro bono work, and this year, the war in Ukraine, the Midterm elections and the overturning of Roe v. Wade could similarly supercharge pro bono participation, Andrew Maloney reports. More office returns could also pump up peer pressure to sign on to pro bono matters, especially as people become less preoccupied with the pandemic, some experts say. "I think firms will be able to focus on pro bono issues important to them. Even though Omicron says otherwise, in their minds the pandemic is over in some regards, and now they're figuring out the rest of their lives," said Jeffrey Lowe, of recruiting firm Major, Lindsey & Africa.

GC PAY BUMP Compensation for legal chiefs at Fortune 1000 companies has once again increased after a dip during the peak of the pandemic. The highest paid in-house leader is Alan Braverman of The Walt Disney Co. Braverman earned $8.8 million in total cash compensation before he retired in late 2021, Phillip Bantz reports. The 2022 General Counsel Compensation Report from ALM Intelligence also shows that the number of women general counsel within the top 20 highest cash compensation earners dropped by nearly half. Katherine Loanzon, managing director at Kinney Recruiting in New York, said the pandemic might have been a factor, because a lot of female executives had to "come to terms with balancing the family versus their professional responsibilities."

YOU'VE BEEN BLOCKCHAINED The blockchain is decentralizing every industry, including legal, according to some experts. In the last month, a New York Supreme Court and a U.K. high court have introduced the use of NFTs, or non-fungible tokens, to serve court papers. Unlike serving papers in person, using an NFT to drop the papers directly into digital wallets removes the need for third-party verification, Isha Marathe reports. Richard Grungo, attorney and founder of Grungo Colarulo, said "Not only will the use of NFTs in the legal world catch on more broadly, they will revolutionize the law."


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EDITOR'S PICKS

Newly Elected AAJ President to Prioritize Legal Tech Education and DE&I