Partner Pay Spread Increases for Top Law Firms Amid Partnership Model Changes
June 01, 2024
Amid unprecedented billing rate hikes and an escalation of the battle for rainmaking talent, Am Law 100 law firms again raised the stakes on partner pay last year. At the same time, the average spread among Second Hundred firms fell a bit.
$8.6M Settlement In Florida Serves As Cautionary Tale for Commercial Real Estate
June 01, 2024
"What's going to happen with affordable housing is that people are going to be living under the radar, trying to get under the leases and do not live there, and apartment owners need to be aware of that because they could be liable for that."
What Happens When Nondischargeable Student Loan Is Later Determined to Be Dischargeable?
June 01, 2024
The U.S. Bankruptcy appellate panel for the Ninth Circuit addressed a matter of first impression: what happens when a debt that may be considered nondischargeable is later determined to be dischargeable, and more importantly, whether efforts to collect such a debt be exempt from penalties for violating the discharge injunction?
IP News
June 01, 2024
Under the discovery rule, a party who files a timely claim for copyright infringement can recover monetary damages, even for copyright claims that date back more than three years from when the lawsuit was filed.
Debt Originations May Have Bottomed
June 01, 2024
CRE debt organization has continued to slow but has reached a virtually flat position, according to Newmark's 1Q24 State of the U.S. Capital Markets.
Worldwide Regulations Increasing Compliance Challenges
June 01, 2024
Regulators worldwide — not just in the United States — are putting in place new programs and policies that will make steering clear of enforcement bunkers even more difficult. And one of the most worrisome, according to corporate attorneys, is a new DOJ pilot program that will provide stronger incentives for whistleblowers to rat out their co-workers and employers for misconduct.
Big Law Looks To Influence Vendor-Developed AI
June 01, 2024
In the AI edition of the classic "build versus buy" dilemma, some marquee firms have opted to leverage their position as the largest buyers of legal tech to influence vendor development of AI-powered services to suit their needs.
Young Lawyers Cite 'Old School' Culture As Biggest Impact On Mental Health
June 01, 2024
Lawyers of all ages reported being overstressed, overworked and underappreciated in The American Lawyer's annual mental health survey, but young lawyers in particular are struggling to live with the Big Law's grueling norms.
Big Law Leverages Buyers Position to Influence AI Development to Suit Their Needs
June 01, 2024
In the AI edition of the classic "build versus buy" dilemma, some marquee firms have opted to leverage their position as the largest buyers of legal tech to influence vendor development of AI-powered services to suit their needs.
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