Want to get this daily news briefing by email? Here's the sign-up.


|

WHAT WE'RE WATCHING

STRESSED SUPPORT SYSTEM - In an era marked by large group moves in Big Law and widespread mobility, integrating laterals has become a larger responsibility for law firms—and professional staff are literally working overtime to help these hires adjust to their new offices. But, as Law.com's Andrew Maloney reports, the challenge of onboarding, getting new lawyers acclimated and supporting business professionals in the task is only getting trickier as firms get bigger. Changes in leadership and law firms' frenetic hiring can also complicate things. "Given the cost of laterals in terms of time invested, fees and guaranteed remuneration, it is strange that more firms do not give this serious attention and investment," said Tony Williams, a London-based principal at Jomati Consultants.

ORDERS OF OPERATIONS - While the legal industry has been warming up to generative AI, judges remain wary. As we noted in this column last week, several judges have issued orders requiring attorneys to disclose their use of generative AI tools in legal work filed in court. One in particular, out of federal court in Pennsylvania, cast an even broader net, requiring the disclosure of the use of any kind of AI. Many saw the order as unnecessary and burdensome—but could it still push law firms to audit their own use of the technology? For now, legal professionals told Law.com's Cassandre Coyer, the scarce number of orders isn't turning too many heads among law firms who feel they have been proactive in their procurement approach to AI and generative AI. But if more judges were to follow with similar orders going forward, some say it could be time for firms to start taking a closer look at their toolbox.

ON THE RADAR - The SEC sued Nayeem Choudhury and Dream Venture Capital Group on Wednesday in North Carolina Middle District Court. The lawsuit accuses Choudhury of operating as an unregistered investment adviser and conducting an ongoing $9.3 million Ponzi scheme through Dream Venture Capital Group. Counsel have not yet appeared for the defendants. The case is 1:23-cv-00573, Securities And Exchange Commission v. Choudhury et al. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.   


|

EDITOR'S PICKS

NCBE Releases Sample Questions for NextGen Bar Exam

By Christine Charnosky

Amazon's FTC Hirings Add Intrigue as Regulatory Tensions Soar

By Hugo Guzman | Greg Andrews

'Post-Pandemic Reset' Affects Pro Bono Hours in 2022

By Brenda Sapino Jeffreys