National Law Journal | Analysis
By Jessie Yount | Alaina Lancaster | April 20, 2023
Rigorous banking regulations might be on the horizon, but lawyers are already responding to a changing financial services environment.
National Law Journal | Analysis
By Abigail Adcox | April 17, 2023
"It's unbelievable how much work has come up in the last three years in an area that didn't really exist that long ago," said Levi McAllister, head of Morgan Lewis' electric vehicles working group.
By Rhys Dipshan | April 17, 2023
While the "ChatGPT and Generative AI within Law Firms" report by Thomson Reuters Institute found a generational divide in law firms regarding generative AI risks, that situation may change as legal professionals become more knowledgeable about the technology.
By Isha Marathe | April 13, 2023
A legal insurance provider warned policyholders of the legal and cybersecurity risks of using ChatGPT. Given the chatbot's rapid adoption, more scrutiny of the generative AI tool from insurers is likely to follow.
The American Lawyer | Analysis
By Amanda O'Brien | Justin Henry | April 10, 2023
Troutman saw a 2.8% increase in net income spread across an equity partner pool that shrunk 8.5%, allowing profits per equity partner to soar 12.4% to $1.55 million, as the firm de-equitized some of its partnership.
By Chris O'Malley | April 9, 2023
"This commission, in many areas, has demonstrated a zeal and willingness to push beyond the boundaries of our authority," recently departed Commissioner Christine Wilson wrote in a dissent last month.
By Maria Dinzeo | Chris O'Malley | Trudy Knockless | April 7, 2023
"As an in-house attorney, I don't need you to move mountains like a soulless drone," said Matt Margolis, head of community at Lawtrades. "All I care about is results and working collegially with my counsel."
By Cassandre Coyer | April 6, 2023
ChatGPT's first public data leak may be a reminder for law firms that information governance policies need to evolve along with technology.
The American Lawyer | Analysis
By Justin Henry | April 6, 2023
Associates have been caught between their former firm's demand for staying quiet about being let go and their prospective future firm's demand for transparency.
The American Lawyer | Analysis
By Rhys Dipshan | April 5, 2023
Chatbots' capabilities have significantly grown—but so too have law firms' concerns with the format.
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