As the costs of U.S. bankruptcy cases have increased, and relief such as obtaining nonconsensual third-party releases has been limited by court rulings, restructuring specialists have begun to look to foreign restructurings’ use of Chapter 15 as an ancillary proceeding to implement certain corporate restructurings.
Law firms are exposed to the AI disruption in a particular way, because the traditional pyramid depends on that volume of work to develop associates, generate origination credit, and sustain the economics of the partnership model. This creates an urgent question for firm leaders: if the base of the pyramid starts to erode, what is left? And who is prepared for what comes next?
Traditional law firm models have long relied on profitability strategies anchored around several key levers, including annual rate increases, improved discount management and collections, and expense management. While these are necessary and important, they are subject to the law of diminishing returns as most firms with good execution capabilities can easily replicate these tactics.
Part 1 of this article outlined five barriers blocking legal AI adoption — drawn from more than a hundred conversations with legal leaders. But identifying barriers isn’t the same as overcoming them. Some teams have broken through. What separates them from the rest?
Local Law Prohibiting Landfills Invalid for Failure to Comply With SEQRANeighborhood Group May Not Intervene In Challenge to ZBA DeterminationDenial of Area Variances Upheld
The real risk in AI-assisted invention is not the use of AI itself. The risk is that you cannot prove what the human actually invented. If the human contribution cannot be tied to the conception of the claimed subject matter, the patent system has nothing to reward.
Notable recent court filings in entertainment law.
A trademark infringement dispute between the outdoor apparel brand Patagonia and the drag queen Pattie Gonia may not make it to a jury after the U.S. District Court for the Central District of California referred the matter to mediation, but experts say there’s still a lot to learn from what the filing has to say about current trends in trademark enforcement.
A Relationship Density Score that gives firms a single number, a benchmark against what a healthy firm of their size and profile should have. The score answers a question firm leadership has never been able to answer before: how does our relationship network compare to what it should be?
Trespass Claim Upheld When Contractor Entered Landowner’s Parcel During ConstructionTitle Insurer Not Liable for Adverse Possession Claim When Policy Excepted Claims of Persons In PossessionEstate Administrator’s Deed Not Void Because Administrator Had Apparent Authority
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