Published weekly on Friday, the Legal.io Newsletter covers the latest in legal, talent & tech.
News
DoorDash Lays Off 1,250 - CEO Tony Xu announced the layoffs to his corporate workers as part of a broader cost-cutting initiative. More here.
Josef Raises $3.48M - The Australian legal automation startup secured "pre-Series" funds to focus on its US expansion. More here.
Boies Schiller Flexner Announces Tiered Annual Bonus - Top billing associates can expect bonuses as high as $165,000, with lower tiers being offered $30,000. More here.
ABA Tech Report: Technology Budgeting and Planning - When it comes to small-medium-sized firms, 65% of firms responded 'yes, my firm has a budget for technology', with 56% of small firms reporting budgets, as opposed to 50% last year. Read more on the tech budget analysis here.
Pay Transparency Laws Are Trending - Since Colorado, New York and California have adopted pay transparency laws have garnered attention towards pay disparity between races and genders. Read the rest of Civil Rights Fellow, Amy Frieder's op ed on pay laws here.
Cooley Firm Lets Go 100+ Employees - The Silicon Valley firm has dismissed 100+ lawyers and other staff following a dramatic slowdown in its technology practice. The layoff comes weeks after Elon Musk's Twitter dropped the company. More here.
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Our in-house professional community their experiences with sign-on bonuses in the tech world.
Legal Operations professionals weigh in on the ever-evolving data compliance legal changes as well as how they are managing them in their organizations.
The Federal Trade Commission appealed a Texas federal judge’s ruling that blocked its near-total ban on worker noncompete agreements. The appeal will now move to the U.S. Court of Appeals for the Fifth Circuit.
BigLaw firms are pushing for a return to traditional office settings, reversing earlier promises of flexible work arrangements.
A USPTO update clarifies that subject matter eligibility of an invention is not impacted by the employment of AI to aid in its creation, so USPTO examiners are urged not to take AI into account in their analysis.
A comparative analysis of pro-bono work initiatives in the U.S. and the UK shows increased efforts to provide free legal services to marginalized communities, with differing approaches in each country.
To be aware of the risks of AI, legal professionals will need to be AI experts as well.
Top firms set a new benchmark in the industry with significant salary increases.
Onit, a provider of legal workflow solutions, has announced the addition of new senior executive leadership team members to drive strategic growth and customer success.