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July 11, 2024 | Corporate Counsel

AI Isn't Meeting Legal's Expectations, New Research Finds

"Lawyers have a high bar. I strongly believe that there's an amazing use case for AI here, and the bar hasn't been met by the crop of early stage startups that are trying to solve this," said Mary O'Carroll, chief community officer of Ironclad.
9 minute read
July 11, 2024 | The Recorder

Gibson Dunn Secures Defense Win for HSBC in 'Trade Secrets' Lawsuit

In an order released Tuesday in the California Northern District Court, Magistrate Judge Laurel Beeler dismissed most of the claims made against London-based HSBC Holdings, HSBC entities HSBC USA (HUSI) and HSBC UK (HBUK), current HBUK employee and former SVB senior executive David Sabow and six former SVB employees.
4 minute read
July 11, 2024 | The American Lawyer

Foley & Lardner Opens North Carolina Office After Scooping Up Life Sciences Team From K&L Gates

Three new partners are joining the firm in Raleigh, Miami and Dallas.
3 minute read
July 11, 2024 | Law.com

Clifford Chance Adapts Associate Bonus System in US-Style Shift

The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture."
3 minute read
July 11, 2024 | The American Lawyer

Clifford Chance Adapts Associate Bonus System in US-Style Shift

The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture".
3 minute read
Law Journal Press | Digital Book A Letter from Your Client Authors: By Alex Geisler View this Book

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July 11, 2024 | The American Lawyer

Et Tu, EDVA? Why Big Law Is Dodging a Once-Favorable Bankruptcy Venue

"That was the last time anyone files in EDVA," one Am Law 100 bankruptcy partner said of the formerly popular jurisdiction.
8 minute read
July 11, 2024 | Litigation Daily

The Brother-Sister Litigators Who Took on the FTC Over a North Carolina Hospital Merger

Gibson Dunn's Michael Perry and his younger sister, C.J. Pruski of Williams & Connolly, represented the seller and buyer of two North Carolina hospitals in beating back a preliminary injunction bid by the Federal Trade Commission.
8 minute read
July 11, 2024 | National Law Journal

Orrick Hires 3 Partners in Bid to Become Top Life Sciences Law Firm

The firm will also bring on at least three attorneys across associate and counsel ranks.
5 minute read
July 11, 2024 | The American Lawyer

Attorneys May Be on the Hook for Advocating Transactions Deemed 'Abusive' by Pending IRS Rule

New regulations casting a closer eye on "basis shifting transactions" could be neutered by the Supreme Court's recent ruling overturning the "Chevron" doctrine.
7 minute read
July 11, 2024 | The American Lawyer

$20M and Still Going: Is Partner Pay a Bubble?

According to some industry observers, $25 million to $30 million is the new top rung for valuable laterals, high-performing partners and some Big Law leaders. It's still very rare, but not unfathomable.
6 minute read

Resources

  • 2024 Report: State of AI in Legal

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