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Features

New Report Shows Warning Signs for Law Firm Profits Image

New Report Shows Warning Signs for Law Firm Profits

Andrew Maloney

The average law firm delivered a profit bonanza through most of 2025. But the good times could begin to wane in 2026, say industry analysts in a new report, with warning lights in the form of monumental expense growth, unsteady realization and poor economic fundamentals.

Columns & Departments

Co-ops and Condominiums Image

Co-ops and Condominiums

New York Real Estate Law Reporter Staff

Claims By Unit Owners Not Barred By “As Is” Clause In Purchase Agreement

Features

Identifying the Early Signs of Financial Distress Image

Identifying the Early Signs of Financial Distress

Kirsten Ulzheimer

Vigilance in detecting red flags—such as declining cash flow, increasing debt and falling sales—can help prevent severe outcomes, like bankruptcy, and provide an opportunity for management to make necessary adjustments, restructure operations, or seek external help.

Features

Navigating Turbulence with Tranquility: Legal Counsel In the Age of AI, Cybersecurity, Privacy and Emerging Technology Image

Navigating Turbulence with Tranquility: Legal Counsel In the Age of AI, Cybersecurity, Privacy and Emerging Technology

Michael Bahar & Jessica Fuhrman & Chris Bloomfield & Rebekah O’Brien

As we enter 2026, the winners will be those who operationalize compliance as a capability by linking AI governance, privacy discipline, and cybersecurity resilience to business enablement.

Features

Seizing Opportunities and Mitigating Risk In 2026: Key Privacy & Data Security Updates from Taft Image

Seizing Opportunities and Mitigating Risk In 2026: Key Privacy & Data Security Updates from Taft

Scot Ganow & Zach Heck & Zenus Franklin & Jordan Jennings

As we kick off the new year, we asked several members of Taft’s Privacy, Security, and Artificial Intelligence practice group to share their thoughts on what should be on a client’s list of resolutions for 2026.

Columns & Departments

IP News Image

IP News

Jeffrey Ginsberg & Shelli Gimelstein

Federal Circuit: “Complete Identity of Inventive Entity” Required to Remove Prior Art as Not By “Another” Under Pre-AIA LawFederal Circuit: No Trade Secret Misappropriation By Goodyear nor Correction of Inventorship Warranted Because of Coda’s Failure to Show Specificity, Secrecy, or Evidence of Use

Features

When Efficiency Meets the Duty to Verify: Reflections on The Verification-Value Paradox Image

When Efficiency Meets the Duty to Verify: Reflections on The Verification-Value Paradox

Leigh Vickery

The Verification-Value Paradox states that increases in efficiency from AI use “will be met by a correspondingly greater imperative to manually verify” the outputs. The result is that the net value of AI in many legal contexts may be negligible once verification is honestly accounted for. For low-stakes tasks, verification costs are light. For core legal work, verification costs are heavy. That’s the tension.

Features

Looking Back and Looking Ahead: Insights from 2025 In Legal Tech and What to Expect In 2026 Image

Looking Back and Looking Ahead: Insights from 2025 In Legal Tech and What to Expect In 2026

Cybersecurity Law & Strategy Staff

An annual tradition continues at Cybersecurity Law & Strategy as we poll our panel of experts on the key developments of 2025 and what we can expect in 2026 in AI, privacy, e-discovery and other areas of legal tech.

Features

The Business of Legal Spend: How Finance Professionals Can Drive Smarter Outside Counsel Management Image

The Business of Legal Spend: How Finance Professionals Can Drive Smarter Outside Counsel Management

Suzanne Ganier

Legal spend has become a core business issue that now shapes financial planning, operational decision making and risk management. What once lived primarily in the legal department has become a shared responsibility across client legal, finance, and operations teams and their outside counsel.

Features

“Shadow AI”: The Hidden AI You Already Have Image

“Shadow AI”: The Hidden AI You Already Have

Robert Padilla

Many law firm leaders insist that artificial intelligence has no place in their businesses; however, common applications employed daily may be using AI without them knowing. This phenomenon, often referred to as “shadow AI,” highlights a growing risk for firms that have yet to develop comprehensive governance strategies for artificial intelligence.

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