Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
News
Apple's iMessage Update May Cause eDiscovery Issues - Attorneys may lose a serious amount of information with Apple's iOS 16 updates this fall as the ability for users to 'recall' and edit not long ago dispatched messages goes live. More here.
988 Mental Health Hotline - Only 20 out of the 35 states that have introduced legislation for a new suicide hotline have made the legislation law as of earlier this month. Only four of those states have passed bills to finance it. More here.
Juneteenth - As June 19th approaches, Legal.io recognizes and celebrates the anniversary of the Emancipation Proclamation. Here are some ways in which tech companies are commemorating the holiday.
BigLaw Rates Topping $2K - Some of the top law firms in the US are charging more than $2k/hr, setting another new record after a two-year burst in demand. In the same vein, several BigLaw firms have fallen in line with the new $215K associates salary scale.
The Legal Tech Fund Secures $28.5M - TLTF exceeded its $25M goal and officially closed the raise in November of last year. Investors came from Orrick, McDermott, DocuSign and others. More here.
Google Settles Unequal Pay Lawsuit - The company agreed to pay out $118M to more than 15,500 female staff who earned $17k less than their male colleagues in the same position. More here.
Apple Music's Juneteenth Playlist - The tech conglomerate is honoring the holiday with a diverse range of Black artists here.
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General Counsels discuss how they are incorporating ESG policies into their company-wide initiatives.
The US DOJ and FTC reportedly agreed to divide responsibility for investigating Nvidia, Microsoft and OpenAI, the three major players in the artificial intelligence industry.
Even as top law firms have reached new revenue and profitability peaks, between 10% and 30% of partners are making less money year to year, as firms focus on retaining top performers.
In-house legal professionals discuss their views on anxiety in their advanced careers.
The revisions cover different aspects, from the role of Preferred Directors to board committee requirements and various investor rights.
Opponents say the legislation would violate the First Amendment by allowing the federal government to dictate information and censor protected speech, potentially making the regulatory landscape worse for businesses and consumers.
Many people think they need their resumé to be peppered with illustrious, big-name firms in order to stand out. The irony, though, is that simply having worked for a company with an office in every global financial center doesn’t actually make you a better lawyer. Of course, when it comes to moving upwards in your career, it’s not always about how good you are but about how good you can show yourself to be. And a well-known name on your resumé is one way to establish some credibility – after all, a firm that takes you onboard might think 'you can’t be too bad!' But if your career to date hasn’t been a parade of plush offices adorned by paintings of the firm’s 19th-century founders, don’t worry – it’s by no means the only way to stand out. Here’s how to shine regardless of where you’ve worked.
The United Nations Security Council recently held a groundbreaking meeting to discuss the emerging reality of artificial intelligence (AI). The meeting highlighted the potential benefits and risks of integrating AI into our daily lives.
An analysis of the latest financial metrics from the Am Law 100 rankings, detailing revenue, profitability, and growth trends within the legal industry's top firms.