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January 23, 2024 | Connecticut Law Tribune

Market Shift: Costs Driving Big Law Clients to Midsized Firms

Since the financial crisis of 2007-2008, "market power shifted decisively from law firms to the clients, rapidly moving from a sellers' to a buyers' market for legal services," a new report from Thomson Reuters and Georgetown Law says.
5 minute read
January 23, 2024 | New York Law Journal

New York Court of Appeals Reinforces Attorney-Client Privilege Principles

A recent New York Court of Appeals decision clarified the scope of the attorney-client privilege under New York law.
6 minute read
January 23, 2024 | The Legal Intelligencer

Protecting Privilege in Preparing Depositions

A crafty interrogator may well require the production of documents and other things subject to privilege. A defender of a deposition should know how to reduce this risk.
7 minute read
January 23, 2024 | The Legal Intelligencer

Innovative Development Opportunities Abound in Commercial Land Condominiums

While the appetite for building new vertical residential condominium buildings in Philadelphia has slowed since the onset of the pandemic, many commercial developers are now considering early on whether applying a land condominium regime makes sense for integrated development projects.
6 minute read
January 23, 2024 | Legaltech News

Deloitte Launches Gen AI-Powered NavigAite Solution on RelativityOne and Relativity Server

The new solution aims to help organizations accelerate document review, employee conduct investigations, PII identification and compliance activities.
3 minute read
January 23, 2024 | Legaltech News

CLM Provider Evisort Launches Document X-Ray, a Gen AI Custom Model Builder

Evisort's Document X-Ray turns users' natural language questions about their contracts into custom, artificial intelligence models that can automatically populate data fields for any agreements.
5 minute read
January 23, 2024 | Pro Mid Market

A Year Under Arizona's Revised Ownership Rules: Axiom Leaders Reflect

"We're actually seeing a lot of traction with our enterprise and small and medium-size business clients to actually think about Axiom Advice & Counsel as another law firm alternative to their panel law firms," said Axiom's CEO David McVeigh.
10 minute read
January 23, 2024 | Law.com

Lawyer Employment Outlook Looks Good, Though Bar Passage Rates Decline

The latest occupational outlook from the U.S. Bureau of Labor Statistics projects lawyer positions will have the second-largest increase in openings among positions requiring a graduate or professional degree from 2021 to 2031, with 80,200 new jobs projected for lawyers.
3 minute read
January 23, 2024 | The American Lawyer

Freshfields Hits Cravath Again for Latest New York Partner Addition

Cravath has become a favorite target for Freshfields, which in recent years has turned to the prestigious New York firm for senior corporate hires.
2 minute read
January 23, 2024 | New York Law Journal

Federal Judge Issues Scathing Rebuke of Patent Trolls

A recent order from Chief Judge Colm Connolly in the U.S. District Court for the District of Delaware may serve as a warning for "patent trolls"—the derogatory term used to describe companies whose sole function is to acquire and then assert patents, often in cases that are questionable on the merits—against filing cases in Delaware going forward.
8 minute read

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