By Maria Dinzeo | Dan Roe | April 8, 2024
"If they figure out how to incorporate this technology into their comp model, then they'll be the winners," said Stephanie Corey, co-founder of the legal ops consulting firm UpLevel Ops, on the rise of AI and how it will disrupt the way law firms do business.
By Cedra Mayfield | Patrick Smith | Elana Ashanti Jefferson | April 5, 2024
In this week's Legal Speak episode, James Whittle with the American Property Casualty Insurance Association dives into the impact of what the organization has dubbed "legal system abuse" as social inflation—the belief that large corporations are "bad actors with deep pockets"—helps fuel "nuclear" verdicts.
By Cassandre Coyer | April 5, 2024
During the second day of the IAPP's Global Privacy Summit, enforcers of state data privacy laws offered insights on the data collection practices on their offices' radar—and what's ahead for enforcement actions in Colorado, California, Oregon and Connecticut.
By Maydeen Merino | April 5, 2024
"[T]he Commission will continue vigorously defending the Final Rules' validity in court and looks forward to expeditious resolution of the litigation," the SEC said.
National Law Journal | Analysis
By Abigail Adcox | April 5, 2024
Law firms may face business risks if a single client's bills make up more than 5% of a firm's total revenue, some consultants suggest, while others say the threshold would have to be much higher.
By Trudy Knockless | April 5, 2024
"You get a lot of good training at the law firm but it's still not enough. It's necessary but not sufficient. The sufficient part is to see things from the business side—to tie your work in-house to exactly the product and services that the company is providing, because that will color how you deliver legal services," Adam Nguyen said.
By Greg Andrews | April 5, 2024
"Armed with extensive financial analysis and a deep understanding of the industries they target, activists are increasingly likely to make the case that breaking up or selling off certain divisions or subsidiaries would create more value for shareholders," Vinson & Elkins told clients.
By Chris O'Malley | April 5, 2024
To incentivize Jennifer Kent to take the post, the retail chain in February 2023 provided her with a $450,000 signing bonus and a one-time, $2.5 million stock award.
By Chris O'Malley | April 5, 2024
Stellantis-backed Archer Aviation didn't explain the change, which comes as the electric aircraft maker seeks to outduel rival Joby Aviation.
By Maria Dinzeo | April 4, 2024
Colleen Batcheler is exiting for an as-yet-unidentified role at another company. After joining the company in 2022, she reached a $168 million settlement with customers the rental-car giant had falsely accused of stealing cars.
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