Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
News
Legal Talent War Continues - The number of associates leaving U.S. firms increased 51% this year and associate compensation is at an all-time high as firms scramble to recruit and retain lawyers. More here.
Elizabeth Holmes Found Guilty - the former tech CEO is guilty of 4 out of 11 charges in the fraud lawsuit which concluded this week. She faces up to 20 years in prison. More here.
2021 Legal Technology Report for In-House Professionals Results - 250 In-house attorneys took part in a survey resulting in interesting findings like 63% of participants said legaltech was a "must have". Explore their other legal industry opinions for 2022 here.
The Legalweek conference scheduled to convene in New York City later this month has been moved to March due to the surge in coronavirus cases resulting from the Omicron variant. More here.
ND of California Suspends January Jury Trials Due to Omicron - the Bay Area was not the only court acting on the recent COVID-19 surge. The US Central District Court of California announced a temporary suspension, and The US District of Connecticut cited risks to seating jurors close to each other. Many other courts are following suit.
Legal Tech Gains Steam - The still emerging legal technology sector had an exceptional 2021 with several IPOs, and at least two companies in the legal tech sector surpassing $1 billion valuations. More here.
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California has passed two comprehensive bills providing AI content watermarking requirements and safety checks to prevent AI-triggered catastrophic events. Both bills were sent to Gov. Newsom for approval.
Legal Operations professionals talk about how they bring the best talent to apply to their company.
Pierson Ferdinand, a new law firm founded by ex-FisherBroyles leaders, launches with a significant number of high-profile legal professionals. This strategic move marks a notable industry development.
The attorneys general are urging Congress to respect the efforts already undertaken by states to provide strong privacy protections for their residents.
The criminal fraud trial of Sam Bankman-Fried features the testimony of Can Sun, the former GC of FTX.
The United States and UK have agreed to jointly develop and test AI safety measures, aiming to set global standards for responsible AI use.
NY lawmakers have passed several measures to protect minors in an increasingly global and complex online environment.
In our latest webinar, Tom Stephenson, VP of Community and Legal Operations at Legal.io, discussed key trends and influences in Legal Operations for 2023, insights from his career, and predictions for 2024. Learn about budgeting, efficiency, AI impact, community collaboration, and job outlook for legal ops professionals. Watch our on-demand webinar to gain valuable insights and stay ahead in the evolving legal landscape.