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May 29, 2024 | Legaltech News

The Real Issue Beyond the Stanford Study's Gaffes: Where Are Legal Tech's Benchmarks?

Stanford's study assessing gen AI-powered legal research tools received pushback from the industry for flawed methodology. But the real issue may lie within the lack of transparency from legal tech providers into how exactly their tools work.
9 minute read
May 28, 2024 | The American Lawyer

Is There a Maximum Number in This Salary Race?

What we need, writes the Global Lawyer, is a market peak: a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse.
6 minute read
May 28, 2024 | New York Law Journal

Differences Between Leases and Licenses of Real Property

Parties entering into an agreement for the use of real property should consider whether they intend to create a lease or a license because the nature of the arrangement may significantly affect the rights and remedies of the partiest,
9 minute read
May 28, 2024 | Corporate Counsel

Former GE Legal Chief to Join Paul Weiss

Michael Holston said one of the draws of Paul Weiss was the opportunity to work with Scott Barshay, chair of the firm's Corporate Department. "I think Scott is the best M&A lawyer in the world," Holston said.
4 minute read
May 28, 2024 | The American Lawyer

Largest Law Firms Increase Partner Pay Spread, as Comp Models Hit 'Inflection Point'

The Am Law 100 upped its average equity partner pay spread from 9.8-to-1 in 2022 to 10.3-to-1 in 2023, according to a sample of firms' data.
7 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

View more book results for the query "Paul Weiss"

May 27, 2024 | Law.com

Is There a Maximum Number in This Salary Race?

What we need is a market peak, a Usain Bolt of the legal world that sets a junior lawyer pay rate so far ahead that no one can beat it, but AI might make the problem worse, writes the Global Lawyer.
6 minute read
May 24, 2024 | Law.com

Oklahoma Taps Paul Clement to Take on Pharmacy 'Middlemen' at High Court

"PBMs [pharmacy benefit managers] have had a profound and profoundly negative effect on pharmacies and the patients who rely on them," Clement wrote in the petition for Supreme Court review.
4 minute read
May 24, 2024 | National Law Journal

Oklahoma Taps Paul Clement to Take on Pharmacy 'Middlemen' at High Court

"PBMs [pharmacy benefit managers] have had a profound and profoundly negative effect on pharmacies and the patients who rely on them," Clement wrote in the petition for Supreme Court review.
5 minute read
May 23, 2024 | The American Lawyer

What Does Big Law Stand to Gain From Slow AI Adoption?

Observers in the legal tech industry speculate that firms' caution stems from a commitment to a profitability model dependent on high leverage and hourly billing.
8 minute read
May 22, 2024 | New York Law Journal

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read

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