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COOs on the Move as Big Firms See Flurry of Business Pro Hires

Fri, 2024-09-13 16:21

The consequence of a professional "wall" is usually turnover, noted an industry observer, about the fast pace of c-suite moves.

       

What OpenAI's New High-Level Reasoning Model Means for Legal Tech

Fri, 2024-09-13 16:15

While the new model—OpenAI o1—could expand the number of legal use cases generative AI can tackle, certain barriers may make it less ubiquitous in legal tech.

       

Ex-Kirkland Associate Advances Suit Against Firm, as Gender Bias Claims Multiply in Big Law

Fri, 2024-09-13 15:33

"We continue to see women not being given opportunities, not being paid properly, and pregnancy accommodations not being provided for at respected and large law firms," one employment lawyer said.

       

2024 US Presidential Election: What the Legal Industry Needs to Know

Fri, 2024-09-13 15:30

Take a look at the ongoing coverage from across the Law.com Newsroom on the potential impact of November's election.

       

For Troutman Pepper and Ballard Spahr, the Path to Growth Points Outside of Phila.

Fri, 2024-09-13 15:25

Rising costs and a lukewarm local economy continue to push firms with roots in the City of Brotherly Love to seek growth elsewhere, but some firm leaders remain bullish on their home city.

       

Paradox: Gen Z Employees More Likely to Bend Rules—And to Consult Codes of Conduct

Fri, 2024-09-13 15:08

Boomers "are doing their less experienced colleagues a disservice if they can't be a good example of what values-based behavior looks like" LRM Corp. said in a report exploring how different generations approach workplace rules.

       

'Illegal Conspiracy'?: EDNY Antitrust Class Action Challenges Publishers' 'Unpaid Peer Review Rule'

Fri, 2024-09-13 14:53

Academic journal publishers "essentially agreed to hold the careers of scholars hostage" and "force them to provide their valuable labor for free" in violation of the Sherman Act, according to the complaint, filed by Lieff Cabraser lawyers.

       

The Week in Data Sept. 13: A Look at Legal Industry Trends by the Numbers

Fri, 2024-09-13 13:42

Catch up on this week's data and insights from across the Law.com Newsroom, including the growth of in-house signing bonuses and how midlevel associates grade their firms.

       

By the Data: A Weekly Look at Legal Industry Trends

Fri, 2024-09-13 13:30

Dig into must-see data from the Law.com Newsroom.

       

Turning Business Development Plans Into Reality

Fri, 2024-09-13 11:35

This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.

       

How I Made Practice Group Chair: 'People Skills Are Key. None of Us Succeed Alone,' Says Elaine Blais of Goodwin Procter

Fri, 2024-09-13 11:00

"People skills are key. So much of our business success depends on relationships—relationships with clients, with our partners, with associates and our Global Operations team. None of us succeed alone."

       

Latham & Watkins Secures Breach-of-Contract Damages in CoStar CRE Database Access Lawsuit

Fri, 2024-09-13 09:56

"We are delighted that the Court is entering a permanent injunction prohibiting Leon Capital and Tiltbot from engaging in further wrongdoing, and ordering that they pay $10,000 each time they access the database and $50,000 for each record they download in violation of that injunction," CoStar said in a statement shared by Latham & Watkins.

       

Isaac Hayes Estate Secures Preliminary Injunction to Stop Trump's Use of 'Hold On, I'm Coming'

Fri, 2024-09-13 09:46

A U.S. District Court in Atlanta says the plaintiffs could be harmed by having the song associated with Trump. It rejected the defense's argument that use of the song was political speech.

       

Ailing Oslo EV Battery Maker Axes CLO, Seeks Replacement in Incentive-Rich US

Fri, 2024-09-13 08:18

Freyr Battery, hurt by weaker-than-expected demand for electric vehicles, hopes to find solace in the United States, which is doling out billions of dollars in tax credits to challenge China's supremacy in lithium-ion battery production.

       

'Underwriting' Laterals Stokes Tension Among Nonequity Partners

Fri, 2024-09-13 05:00

Although pay for equity partners is going up, "we are seeing some firms that are not raising compensation for nonequity partners or, in some cases, cutting comp," observed a recruiter.

       

Hogan Lovells Exits Australia Amid Legal Sector Boom, Falling Short of Ambitions

Fri, 2024-09-13 04:41

Big deals were few and far between in the Sydney office.

       

More Lawyers Jump In to Defend Adams Administration Officials

Fri, 2024-09-13 00:24

Most of the investigations are reportedly in the SDNY U.S. Attorney's Office, where several defense counsel have significant past experience.

       

Law Clerks Can't Seek Post-Clerkship Jobs With Political Orgs, Ethics Guidance Says

Thu, 2024-09-12 20:07

"A law clerk who applies for a job with a political organization risks linking the judge's chambers to political activity, which could compromise the independence of the judiciary," the advisory opinion states.

       

The Law Firm Disrupted: Litigation Finance Goes Mainstream. That's No Accident

Thu, 2024-09-12 18:08

Funders like Burford Capital need to partner with lawyers to realize returns on their capital. That puts a premium on efforts to demystify their work.

       

Monsanto Scores 2nd Phila. Roundup Verdict, but Fails to Stop Impending Trial

Thu, 2024-09-12 17:36

A jury determined Wednesday that Monsanto's Roundup weedkiller was defective, but the defect did not cause plaintiff Ryan Young's non-Hodgkin lymphoma.

       

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