Legal.io Newsletter - January 14, 2022

Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.

News

Associates Depart in Droves - Law firms came ‘dangerously close’ to losing almost a quarter of their associates in 2021 according to the 2022 Report on the State of the Legal Market. More here.

Oregon Takes Step Towards Eliminating Bar Exam - The state supreme court approved in principle a pair of alternative licensing proposals which would allow applicants to forego the exam. More here.

Elevate Becomes First ABS License in US - The Arizona Supreme Court granted the company an alternative business structure license allowing it to operate as an ALSP with an integrated law firm. More here.

TR State of the Legal Market 2022 Report - 2021 saw a significant increase in turnover across law firms of all sizes. More here.

Onit Acquires SecureDocs - In a string of acquisitions, the enterprise workflow solutions company has secured its biggest deal yet with the acquisition of SecureDocs, a contract management company. More here.

Lawsuit Alleges Ivy League Colleges Colluded to Limit Financial Aid - 16 major U.S. universities have been included in a lawsuit claiming they violated antitrust laws by working together to determine students' financial aid packages. More here.

Vinson & Elkins Teams Up with UT School of Law - The law firm and the Texas university announced their new Pipeline Program dedicated to supporting aspiring lawyers to increase diversity in the legal profession. More here.