Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
News
Median Lawyer Salaries Reach All-Time High - Class of 2020 law graduates are experiencing a 2% decrease in employment rate, but salaries reached an all-time high of $75k. More here.
BigLaw Post-Recession Hiring Practices are showing their inflexibility as client demands increase during the pandemic. AmLaw 200 firms are relaxing associate credentials. More here.
BigLaw Looks to Secondary Markets - With economic decisions being paramount to growth, BigLaw has focused its attention on secondary markets such as Austin, Denver, and Nashville. More here.
DLA Piper + JP Morgan lead Aumni Series B - the joint $50M investment round will help the investment analytics platform further its reach in providing data infrastructure for private capital markets. More here.
DeepMind's AlphaFold2 has solved the 'protein-folding problem"; unlocking the protein sequence for nearly every natural sequence in the human body, creating novel questions about IP and drug patent laws. More here.
Onit Acquires Bodhala - The Houston-based enterprise workflow platform has announced its acquisition of the NYC legal spend analytics company to act as an independent subsidiary. More here.
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Generally, every child born in the United States is granted American citizenship.
About 79% of law departments saw an increase in the volume of legal work over the past year with no corresponding rise in staffing levels, according to a Thomson Reuters report. To meet the rising demand, departments resort to tiered work and prioritize tech investments.
In-house legal professionals discuss what they wish they'd known prior to making the move to in-house.
Realization rates, financial milestones, and strategic growth initiatives showcase the need for adaptability and innovation as key factors for top law firms.
Legal professionals are 75% more productive than in 2016 while billing more hours.
Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
This year’s edition of the annual ABA Profile of the Legal Profession dubs 2016 - 2026 the “Decade of the Female Lawyer”. Women now make up 41% of U.S. attorneys, up from 36% in 2014.
In litigation, a party will often use a third-party subpoena to obtain documents from individuals, businesses, or other entities that are not parties to the lawsuit.
Our in-house professional community their experiences finding and securing an in-house offer.