Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
News
Milbank Raises Associate Pay Scale - The firm announced it is raising associate pay by $10k to $20k depending on class year (with 1st years earning $215k). This announcement comes just six months after their previous pay raise. More here.
U.S. Cloud Services See Red Flag in Austria Data Protection Decision - Austria’s data protection watchdog found one health-focused site had been exporting visitors data to the US as a result of implementing Google Analytics. More here.
Russia Crypto Regulation - The Central Bank of Russia published a consultation paper Thursday proposing a stricter ban on the use and mining of cryptocurrencies within its territory. More here.
Microsoft Acquires Activision Blizzard - the deal, valued at $68.7B, makes Microsoft the world's third-largest gaming company by revenue (behind Tencent and Sony). More here.
German eyeo Wins Copyright Case - the ad-filtering company won a landmark court decision involving whether HTML can be subject to copyright enforcement. More here.
Ironclad Raises $150M - The SF-based legaltech company received a valuation of $3.2B in a Series E round funded entirely by existing investors. More here.
Juro Raises $23M in Series B - The London-based contract automation platform has secured the funds with lead investor Eight Roads. More here.
Litera Makes 15th Deal - The legal tech conglomerate (backed by Hg Capital) has finalized its 15th acquisition after Prosperoware agreed to be bought for an undisclosed amount. More here.
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