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News
Law Firms Facing Worst Financial Conditions in Years - Thomson Reuters is reporting a bleaker outlook for firms, with law firm expenses increasing, decreasing profits and shrinking demand. More here.
The FTC initiated proceedings towards new privacy regulations, outlining a plan to create nationwide data privacy regulations and investigate 'unfair and deceptive' data practices. More here.
California admitted its most diverse cohort on record last year, with women and non-white attorneys comprising 53% and 51% of the class respectively, according to figures from the State Bar. More here.
Musks' Twitter Countersuit - Musk alleges the company is trying to 'distract' from what he called its many 'misrepresentations'. Twitter has pushed back at Musks' story saying it's 'implausible and contrary to fact'. More here.
NY Becomes First State to Require Cybersecurity CLE - Lawyers licensed in New York will have to take at least a 1-hour cybersecurity course as part of their continuing legal education requirements beginning in July 2023. More here.
Measuring Value of Legal Tech for In-House Teams can be difficult. According to Richard Tromans, maintaining a twin strategy with legal tech is best; looking at the short-term benefits of making life easier for talent and clients, while understanding the long-term economic benefits. More here.
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Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
Bankman-Fried was charged with seven counts of fraud and money laundering, and maintained his innocence throughout the trial.
General Counsels discuss how they are incorporating ESG policies into their company-wide initiatives.
This will be the final part in the survey of the EB visas, as we have already covered the EB-5 visa and the EB-4 visa is too specific to talk about generally.
Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
Gartner says the increase will be largely driven by the need for assurance leaders needing tools to keep up with the increase in regulatory attention on executive risk oversight and monitoring.
Judge Kevin Newsom of the U.S. Court of Appeals for the Eleventh Circuit embraced the use of ChatGPT in judicial decision-making, highlighting its potential benefits.
The U.S. Supreme Court has rejected Epic Games' request to enforce a ruling against Apple's App Store payment rules, allowing the current structure to remain in place. The decision marks a significant development in the ongoing legal battle between the two tech giants, with potential implications for developers and the broader industry.
The 400 largest US firms show headcount growth again after two years of sluggishness, with an average growth rate of 2.2%, while operating expenses increased by 6.8%.
