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General Counsel Who Don't Embrace Artificial Intelligence Will Eventually Be Replaced
AI technology and its adoption is moving at light speed. General counsel who ignore the benefits of AI or avoid the use of AI in their legal operations will be left behind and their legal departments will suffer.Law Firms Paid More for Less Space in 2023 as Downsizing Trend Continues
Prices per square foot went up nearly 5% in 2023 as law firm leasing activity peaked in Q4.Chancery Dismisses Suit Against Walgreens Directors, Rejecting 'Reflexively Filed' 'Caremark' Claims
"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.Even When Witnesses Don't Tell You They're Panicking, They're Panicking
Allison Rocker of Baker McKenzie says that's especially true in "document-heavy" cases with tons of exhibits.Questions About Standing, Nationwide Injunctions Dominate Mifepristone Hearing
"It's speculative that any of those women would seek care from the two specific doctors who asserted conscience injuries," U.S. Solicitor General Elizabeth Prelogar said in challenging the anti-abortion group's standing.International Law Firm CMS Joins the Harvey Brigade—Announces 'Phased' Rollout Across Member Firms
Other firms to have entered into partnerships with Harvey, which is backed by the OpenAI Startup Fund, include Allen & Overy, Macfarlanes, and UAE-based Al Tamimi & Co.The Am Law 200 Stepped Up Their Use of Litigation Funding Last Year
Even as third-party funders deployed less capital in the 12-month period ending June 30 owing to unfavorable macroeconomic conditions, the largest firms in the country saw their capital commitments rise, both in absolute and relative terms.