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International Edition

A&O and Shearman to Adopt Modified Lockstep Model as Part of Merger

The proposed merger would entail both firms agreeing to a compensation model that is different to what they have operated with in the past.
2 minute read

Legaltech News

CLOC 2023 Takeaways: Generative AI, Job Generation and the Future of CLM

At CLOC 2023 in Las Vegas, conversations and plans around generative AI and its future in corporate legal took center stage.
5 minute read

Legaltech News

Three Ways to Pitch New Legal Tech to GCs and CEOs

Convincing those set in their ways to do something new is never easy. But legal-operations professionals and CEOs told a CLOC 2023 panel what works and what doesn't when you want to make an effective case for a new tool.
4 minute read

Legaltech News

Generative AI May Allow Corporate Legal to 'Leapfrog' Technology Maturity

Generative AI has the power to eliminate document and knowledge management tasks, said Ironclad chief community officer Mary O'Carroll at CLOC 2023. But that doesn't necessarily translate into immediate job loss either, she added.
4 minute read

Delaware Business Court Insider

Oracle's $9 Billion NetSuite Acquisition Process Affirmed in Chancery

Vice Chancellor Glasscock determined that while Larry Ellison's position as a shareholder for both companies made him a conflicted director, he and Oracle CEO Safra Catz, both represented by Latham & Watkins and Young Conaway Stargatt & Taylor, didn't interfere with the committee that evaluated the deal.
2 minute read

International Edition

Law Firms Are Increasingly Debt Free—Why?

The U.K.'s largest 50 law firms reduced their combined debt by more than £100 million in the 12 months to April 2022, fresh research shows.
4 minute read

Corporate Counsel

Sesame Workshop Hands Legal Reins to Nonprofit Veteran

"Sesame Workshop launched my career as an in-house media and nonprofit attorney, and I'm thrilled to come full circle," Valerie Mitchell Johnston said of her new role.
3 minute read

New York Law Journal

Eye on Cyber: Board Oversight of Cyber Risk for Companies

Cyrus R. Vance Jr. and Elizabeth Roper of Baker McKenzie discuss cyber risk and oversight for public and private companies.
11 minute read

Legaltech News

LexisNexis and Microsoft Announce Lexis Connect, an AI-Powered Matter Intake Application

Lexis Connect is built specifically for corporate legal teams, and built on Microsoft Teams. It includes two generative AI powered chatbots: Ask Legal, and a legal research assistant chatbot tied directly to Lexis Connect.
3 minute read

Delaware Business Court Insider

'Tremendous Wrongdoing': Facebook Shareholders Can Move Forward With Claims Involving Cambridge Analytica Breach

"What we don't have is a little law breaking. What we don't have is isolated law breaking. What we don't have are immaterial violations. This is a case involving tremendous wrongdoing on a truly enormous scale," Laster said.
4 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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