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The American Lawyer

'If Only We Had Full Staffing': This Legal Sector Is Spread Thin, but Negotiating Higher Rates

"It used to be a firm would put in a rate request, and it would take several weeks or months to get approved—now they're getting it approved within 24 to 48 hours," one recruiter said.
7 minute read

Legaltech News

ILTACON Days 2 & 3: Strike Zones, Bigger Context Windows and Prompting Olympics

At ILTACON 2024, generative AI integrations alone are no longer big news. Rather, many are highlighting the specific purpose of their AI use, the UI/UX that enables users to interact with it, and the soup of large language models that power their solutions.
5 minute read

New York Law Journal

Shareholder Inspections of Corporate Books and Records

"The right to shareholder inspection of a company's books and records can be a powerful tool for minority shareholders to assess the financial state of the company and to investigate suspected misconduct," write Thomas J. Hall and Judith A. Archer.
10 minute read

Law.com

The Future Viability of 105(a) Injunctions Following the Supreme Court's Decision In 'Purdue Pharma'

Until now, a successful reorganization assumed the debtor could confirm a plan with nondebtor releases and injunctions based on less than full creditor consensus. Now that nonconsensual releases in Chapter 11 plans are no longer permitted, will debtors have a more difficult time obtaining a 105(a) injunction?
12 minute read

Litigation Daily

How Corporate Law Legislation Morphed Into a Conversation on Judicial Ethics

An amendment to Delaware's corporation law has divided lawyers and led to discussion about when Court of Chancery judges should and should not weigh in on laws they will later apply.
5 minute read

Corporate Counsel

2024 GC Pay Report: $20M Club Shrinks, but Not Average Compensation

Netflix was an outlier in revamping its pay practices in a year when robust stock market returns left investors disinclined to second guess boards.
12 minute read

The American Lawyer

The Law Firms With the Largest Partner Pay Spreads

The widening partner pay ratios come as big firms are pulling a number of levers to get money to their highest performers.
5 minute read

National Law Journal

PFAS' Regulatory Scrutiny Here to Stay Despite Legal Challenges, Environmental Experts Say

Regulation of "forever chemicals" is "an issue that's not going to go away for industry and will have to be dealt with," said attorney Gerald Higdon.
5 minute read

Corporate Counsel

More CEOs May Unleash Buyout Offers, Creating Hornet's Nest of Challenges for Boards

23andMe set up an independent board committee and hired legal and financial advisers to work with it after CEO Anne Wojcicki offered to take the company private.
6 minute read

Daily Report Online

Will Other Big Law Firms Follow Suit on Associate Hiring Delay?

"I have not seen in the market something that would make me think that we're going to see a slowdown in new hires from law school across the market," said recruiter Lauren Wu.
5 minute read

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