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News
6,000 new legal jobs were added in June according to the US Bureau of Labor Statistics. Employment in professional services has risen by 1.8 million since falling by 2.4 million in March and April 2020. More here.
MyCase Acquires Two #LegalTech Companies - the law practice management company acquired CASEpeer and Woodpecker in recent months without public announcement. More here.
AbacusNext + Zola Suite - the legal tech companies have combined efforts to create a broader portfolio of legal software solutions. More here.
LitLingo Closes $7.5M Series A - the Austin-based "real-time AI communication analytics platform" announced it has closed a Series A round led by Breyer Capital. More here.
Bloomberg Law Survey: Lawyer Well-Being is in Decline - ~66% of junior and mid-level attorneys surveyed reported a decline in well-being in Q1 2021, while 41% of senior associates reported the same. More here.
NALPs Report: Lateral Associate Hiring Plummeted in 2020 - After relatively steady in 2019, lateral hiring of associates fell by more than 30% in 2020 due to the pandemic; the largest decline in lateral hiring since the peak of the Great Recession in 2009. More here.
California Eyes the Future of Its Bar Exam - The State Bar Blue Ribbon Commission is evaluating recommendations raised by CAPA Working Group and other policy questions. More here.
In-house? Join the conversation on Fishbowl (anonymous).
Our in-house professional community lists some of their go-to lists of agreements.
As tech advances ease some time constraints, other considerations must be made for how in-house teams manage outside counsel relationships.
After all of the papers have been filed and the visa has been approved, there is still one major hurdle on an intending immigrant’s mind: the visa interview.
The European Union’s groundbreaking AI regulatory framework will go into effect on August 1, categorizing AI systems based on their potential impact on safety and fundamental rights.
Law firms are integrating AI training into their Summer Associate programs to enhance efficiency in routine tasks and prepare for the future of legal work.
General Counsel want to provide as much value as possible to the businesses they serve, but what responsibilities in particular are seen as crucial by their employers?
The number of abandoned mergers and acquisitions is at its highest in years, as the current U.S. administration is pursuing a more aggressive antitrust policy, pushing for more lawsuits and fewer settlements.
Legal.io, the Silicon Valley-based hiring platform for flexible, in-house legal talent, announced its expansion to New York City.
