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The 2024 Legalweek Leaders in Tech Law Awards Winners Are Here!
Law.com and Legaltech News are proud to announce this year's winners for the Legalweek Leaders in Tech Law Awards, celebrating the achievements of law firms, in-house legal departments, providers and ALSPs leading the legal profession into the future through technology and innovation.Legal Tech Rundown: The Epic Pre-Legalweek 2024 Edition
An update on the legal tech market changes, from product launches to new partnerships announced in the lead-up to Legalweek 2024.The Law Firm Disrupted: A Fresh Take on Big Law's Diversity Problem
A new book by sociologist and former Wilmer associate Kevin Woodson sheds light on two recent cases in the news by highlighting the "racial discomfort" that Black employees experience in predominantly white workplaces.Seyfarth Launches Restructuring Practice, Snagging Lateral Group from BCLP With West Coast Ties
The move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.Seyfarth Launches Restructuring Practice, Snagging Lateral Group from BCLP
The move comes as Am Law 100 firms saw billable hours in bankruptcy grow by nearly 7% last year.View more book results for the query "Thomson Reuters"
Dallas, Houston See Notable, Above-Average Billing Rate Increases
The going rate for partners in Dallas increased from $674 per hour in 2022 to $770, a roughly 14% jump. In Houston, associates saw a roughly 10% increase, with mean going rates increasing from about $477 per hour to about $525.Where Are Big Law Billing Rates Growing the Fastest?
Some lawyers have seen a rate increase above 20%. Overall, lawyers in financial services and health care, and in markets such as Dallas and Houston, all saw notable rate hikes.Spellbook Raises $20 Million in Series A Funding, Plans New AI Capabilities, Platform Expansion
Spellbook, which offers a generative AI-powered contract drafting and negotiation platform, is planning new developments focused on personalization, end-to-end workflows, accuracy and speed.Report: Last Year's Uptick in Litigation Demand—a 15-Year High—Was Especially Felt in Midsize Shops
Demand was up 3.2% in litigation according to the latest report from Thomson Reuters and Georgetown Law. But demand rose 4.4% year-over-year among midsize firms, compared to just 2.4% for Am Law 100 firms and 2.5% for Second Hundred firms.Thomson Reuters Announces New Gen AI Features Within Practical Law, CoCounsel Core Expansion
With new generative AI and AI-powered features in Practical Law called Ask Practical Law AI and Practical Law Clause Finder, along with the expansion of CoCounsel Core internationally, Thomson Reuters is moving forward with its generative AI plans.Corporate Transparency Act Resource Kit
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Law Firm Operational Considerations for the Corporate Transparency Act
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