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New York Law Journal

Personal Liability of a Fiduciary for Claims Against an Estate

A fiduciary of an estate must carefully balance his or her responsibilities to creditors of the decedent and to beneficiaries of the estate. A fiduciary "must act in good faith in the treatment of both" creditors and beneficiaries.
5 minute read

New York Law Journal

From A to B to C: Timeline of Litigation in the New York Commercial Division

This is part three in a series of articles explaining the fundamentals of Commercial Division practice. The article addresses key dates and deadlines that arise when litigating in the Commercial Division.
11 minute read

New York Law Journal

'More Extensive' Vetting: How Law Firms Are Picking Laterals

Candidates are now meeting around six to 10 attorneys at a firm, while in previous years they had to meet four or five, noted one recruiter.
5 minute read

Legaltech News

RAG Is Far From Magic and Prone to Hallucinations

Retrieval augmented generation has been the talk of the town in legal tech. But, for all of its claims of mitigating or eliminating hallucinations, technologists caution that the process is far from a magic bullet.
7 minute read

Corporate Counsel

Corporate Threats at Highest Level in 12 Years, Report Finds

Respondents to a Clyde & Co. and Winmark Global survey foresee "the competitive advantages from AI being short-lived as early innovations become commoditized over time."
4 minute read

The Legal Intelligencer

'It's a Major Commitment': Feedback Ensures Trial Training Programs Deliver Value

At Marshall Dennehey and Blank Rome, upper-level attorneys, including former federal judges, devote time they could be billing to sharpening the next generation's skills.
4 minute read

New York Law Journal

Paying the Price: Recent Imposition of Monetary Sanctions to Ensure Compliance with New York's Discovery Rules

This article provides an overview of the rules that authorize courts to impose sanctions and examples of courts employing this power, particularly via monetary fines and other penalties, to deter discovery violations.
7 minute read

The American Lawyer

Few Big Law Firms With Single-Tier Partnerships Are Left. They Aren't Talking About It.

Some law firms with a single-tier partnership structure say they aren't moving away from it, at least for now. Still, many single-tier firms don't want to openly discuss their structure.
5 minute read

International Edition

Singapore's Increased Scrutiny on Family Offices Is Creating More Work for Lawyers

In the wake of a major money-laundering scandal, authorities are paying closer attention to the wealth management sector, driving clients to seek more legal advice out of fear they could be subject to harsh penalties.
5 minute read

The American Lawyer

Should Mental Health Be Included in Partner Compensation?

"Eat what you kill means you have no leeway to stop killing—no matter how bad you feel," one lawyer told the American Lawyer.
4 minute read

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