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February 29, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
146 minute read
February 28, 2024 | Daily Business Review

11th Circuit Vacates $32M Class Action Settlement Against Sunglasses Maker Costa Del Mar

"As our recent decision in Williams makes clear, a district court abuses its discretion in approving a class action settlement when the named plaintiffs lack Article III standing to pursue injunctive relief, yet the district court considers the injunctive relief when determining whether the settlement is fair, reasonable, and adequate," Judge Elizabeth L. Branch wrote the 12-page opinion for the circuit's panel.
5 minute read
February 27, 2024 | New York Law Journal

Attorneys 'On the Move': MoFo Adds Restructuring Partner; Capital Markets Partner Joins Hogan Lovells

Also in the latest moves, Joo Kim has joined DLA Piper from Cadwalader and Naheem Harris has joined Akerman from Vinson & Elkins.
4 minute read
February 27, 2024 | The American Lawyer

'Detached': Why Big Law May Rethink Its Focus on Productivity

Now, there may be even greater emphasis on the profitability of a practice, not just hours.
7 minute read
February 26, 2024 | Texas Lawyer

Newsmakers: Foley Promotes 4 To Partner

Also: Promotions and hires at Murchison, Nachawati, Dykema and more.
10 minute read
February 26, 2024 | The American Lawyer

An Early Look: The 2024 Am Law 200 Financials

This feed is continually updated. So bookmark it, check back regularly, and stay tuned for the Am Law 100 and Second Hundred reports coming soon.
4 minute read
February 23, 2024 | National Law Journal

'Steady Year in a Turbulent Market': McGuireWoods Surpasses $1B in Gross Revenue

McGuireWoods benefited from rate increases and also embraced alternative fee arrangements, including "very significant enterprise-wide flat fee type arrangements" and blended rates, said the managing partner.
4 minute read
February 21, 2024 | Daily Report Online

Bradley Arant Sees Revenues Rise and PEP Fall Amid 12% Equity Partner Expansion

The firm's PEP dropped by 5% to $820,000, as its equity tier expanded and its nonequity tier shrunk by 9%, bucking a trend in the industry of growing the nonequity ranks.
5 minute read
February 21, 2024 | National Law Journal

Jenner and Akin Recruit Partners Focused on National Security, Export Control

Alexis Early joins Jenner from King & Spalding, while Akin hired Opher Shweiki, who was a chief counsel for the Bureau of Industry and Security within the U.S. Commerce Department.
3 minute read
February 20, 2024 | New York Law Journal

When Investors Rush In: The Close of Sam Bankman-Fried's Criminal Case Signals More Lawsuits Against Private Equity Firms to Recoup Losses

The authors expect a wave of lawsuits against private equity firms by investors in the wake of private actions brought against the collapsed crypto platform FTX.
7 minute read

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