Each week, the Law.com Barometer newsletter, powered by the ALM Global Newsroom and Legalweek, brings you the trends, disruptions, and shifts our reporters and editors are tracking through coverage spanning every beat and region across the ALM Global Newsroom. The micro-topic coverage will not only help you navigate the changing legal landscape but also prepare you to discuss these shifts with thousands of legal leaders at Legalweek 2023, taking place March 20-23, 2023 in New York City. Registration is now open. Secure your ticket today.
The Shift: Amid Legal Layoffs, An AI Talent Race is Heating Up
These days, a mercurial economic forecast, oscillating between recession and solid footing, is leaving many perplexed about what to expect in the months to come. But for some law firms, the situation is clearer: demand is dropping, and finances are becoming tighter. As a consequence, they’re shrinking their operations and laying off staff.