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February 22, 2024 | Law.com

Inside Track: Is 'Trusted Business Adviser' Trend Petering Out?

"If I'm going to be an obstruction, if I'm going to make your life more complicated, you are going to avoid me," Burford Capital General Counsel Mark Klein said.
4 minute read
February 22, 2024 | The American Lawyer

McDermott Sees 13% PEP Rise as Revenue Continues Steady Growth

The firm's revenue growth last year was slower than in recent years, but McDermott Chair Ira Coleman said the firm's concept of "institutional health" was the larger focus.
5 minute read
February 20, 2024 | The American Lawyer

Reed Smith Adds Fourth McDermott Private Equity Lawyer in Last Nine Months

The McDermott partner was previously the global head of private equity at Hogan Lovells.
2 minute read
February 19, 2024 | International Edition

Reed Smith Adds Fourth McDermott Private Equity Lawyer in Last Nine Months

The McDermott partner was previously the global head of private equity at Hogan Lovells.
2 minute read
February 12, 2024 | The American Lawyer

To Implement Gen AI, Lawyers and Large Language Models Go Back to School

Law firms are training attorneys on prompt engineering and feeding data into LLMs to get both parties acquainted with each other.
7 minute read
February 09, 2024 | Corporate Counsel

New ACC CLO Survey Offers Important Board Guidance

Major board take-aways from this year's Survey include (i) indications of a decline in the CLO's leadership - level role and influence, and (ii) increasing pressures on legal departments "to do more with less." Both are particularly relevant to the board's oversight responsibility – and of concern to the CLO.
6 minute read
February 08, 2024 | Law.com

Can Big Law Extract the Maximum Value of AI?

Legal departments of major corporations along with the industry's most elite firms are actively using generative AI, and the idea that any organization would wait on identifying and testing use cases is seen as a significant competitive risk.
7 minute read
February 06, 2024 | New Jersey Law Journal

Appellate Division Affirms $1.5M Jury Award for Police Officer's Discrimination, Harassment Claims

"The jury was entitled to find that Davenport had made all of the statements and documents described above over a long period of time; that he disparaged plaintiff's military service, either directly for the inconvenience it caused, or indirectly by equating Navy service with homosexuality; and that he did so in a workplace that regarded homosexuality as shameful and as proof of lesser ability to perform the job," the appeals court said.
6 minute read
February 06, 2024 | The Legal Intelligencer

Monsanto Claims Dozens of Bad Rulings Led to $2.25B Roundup Verdict

More than half of Monsanto's 175-page motion revolved around claims that Schulman made dozens of erroneous rulings, many of which related to what evidence was and was not permitted at trial.
3 minute read
February 06, 2024 | The American Lawyer

McDermott Lands Sports and Entertainment Partner From Venable for Transactions Group

Alexei Cowett had been at Venable since 2015 and has advised on more than $60 billion in closed transactions across various media, McDermott said.
3 minute read

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