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While the pay packages for most legal leaders in the corporate space remains strong — especially because of hefty stock awards and bonuses — there are large gaps in compensation even among the top 10 earners in the U.S.
Find out which S&P 500 general counsel earns the most and how pay differs across industries. Explore every detail in our interactive compensation graphic.
The contract intelligence platform Icertis expanded its artificial intelligence capabilities by acquiring the contract software company Dioptra on Wednesday.
White & Case LLP has launched a new in-house artificial intelligence assistant to help staff carry out everyday tasks as advances in technology continue to transform the way law firms work.
Pillsbury Winthrop Shaw Pittman LLP on Tuesday was hit with a proposed class action stemming from a data breach the firm says happened in April, adding to the growing litigation firms are facing in the aftermath of cyberattacks.
Staffing company Latitude Legal continued to grow its U.S. footprint with the recent launches of locations in Houston and Detroit following the additions of two attorneys to lead the offices.
A Missouri federal judge sanctioned former counsel for Liberty Mutual Personal Insurance Co. Monday for including citation errors in a motion this fall, finding that, although the attorney likely inserted the errors herself without the use of AI software, "such carelessness, exacerbated by a lack of internal guardrails, is entirely unacceptable."
The New Jersey Supreme Court has adopted the "Next Generation" bar exam and will begin administering the new test in July 2028, following recommendations made by an ad hoc committee earlier this year.
In an order that noted an attorney's remorse, a Connecticut federal judge sanctioned a solo practitioner $500 this week for submitting a brief packed with false, AI-generated case citations, finding the fake authorities wasted court resources, risked misleading a pro se litigant and undermined trust in the judicial system.
The primary factor determining whether a law firm associate receives a year-end bonus is not individual performance, firm performance, or firm citizenship. Instead, it is the number of billable hours they've logged, according to the results of a new survey from Law360 Pulse.
The nonequity partner tier is expanding across law firms, but compensation within this group varies widely, ranging from associate-level pay to earnings on par with equity partners. A deciding factor in where they fall on the scale, experts say, is often who brings in the clients.
Most lawyers say they’re satisfied with their compensation— but at firms that are open about pay, satisfaction nearly doubles. Explore our latest analysis of law firm compensation practices and what drives top talent.
CoCounsel has lost some of its earliest adopters while still welcoming new customers, spotlighting the ups and downs that legal artificial intelligence giants face as the market favors experimentation.
Faegre Drinker Biddle & Reath LLP announced Monday that it has added the former chief information officer of Buchanan Ingersoll & Rooney PC to its C-suite as its chief technology and innovation officer.
The LegalTech Fund closed its second fund on Monday at $110 million, with BigLaw firm McDermott Will & Schulte LLP reinvesting $10 million after backing the first fund years ago.
Pinsent Masons LLP's alternative legal services unit Vario said Monday that it has hired experienced law firm professional Jenny Grotepass to be head of client development for its managed legal services and consulting teams.
Democratic North Carolina Attorney General Jeff Jackson and Republican Utah Attorney General Derek Brown have announced the formation of a nationwide artificial intelligence task force in collaboration with developers OpenAI and Microsoft, as well as the Attorney General Alliance, a nonprofit group of bipartisan state attorneys general.
Longtime general counsel and law firm lawyers who walked away from stable jobs elsewhere in the law profession to lead legal functions at AI startups say they're excited by the chance to help set policy around innovation and continue to learn in an emerging space.
Legal generative artificial intelligence platform Harvey has announced a new partnership with ElevenLabs, which will see the latter's text-to-speech and speech-to-text software used to deliver multilingual communication for legal professionals.
An Oregon federal judge has decided not to sanction Buchalter PC and other counsel representing an environmental nonprofit in a trademark infringement dispute for submitting "hallucinated" case citations generated by an artificial intelligence tool, saying he is satisfied with "remedial actions" already done or to be taken.
A merger involving a private equity firm and three legal technology providers tops this roundup of recent industry news.
The legal industry had another busy week with more lateral hires and leadership changes, and one BigLaw firm exploring private equity investments.
Dutch information services giant Wolters Kluwer NV said Friday it will acquire German legal tech company Libra Technology GmbH for up to €90 million ($105 million) to provide products aimed at helping law firms with their research and document analysis.
For the second time in as many months, a Manhattan federal judge has stopped short of sanctioning an attorney for including false case citations in a filing, warning the lawyer in an order that he had better not allow errors again.
Seattle-based e-discovery company Lighthouse Document Technologies Inc. announced on Wednesday it has hired of an executive vice president of corporate and commercial services at legal services company UnitedLex as head of information governance.
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.