Implementing AI for Workers’ Compensation Law Firms and Insurance Companies https://workers-compensation.blogspot.com/2023/09/implementing-ai-for-workers.html #workerscompensation #AI #lawfirms #insurancecompanies

AI-Powered Legal Research: Optimizing Strategies for Law Firms - As demands increase and technology advances, Artificial Intelligence (AI) powered ... - https://readwrite.com/legal-research/ #lawfirms #ai

US #lawfirms capitalize on #affirmativeaction ruling as ripples spread
https://www.reuters.com/legal/legalindustry/us-law-firms-capitalize-affirmative-action-ruling-ripples-spread-2023-07-26/

A majority of UK #women lawyers in a recent poll said their firms are committed to improving gender equality. However, most of the 200-plus respondents were skeptical their firms' current measures were effective at reducing barriers to women in their profession.
#genderequality #lawyers #lawfirms

https://www.globallegalpost.com/news/less-than-half-of-women-lawyers-believe-measures-to-reduce-gender-inequality-are-effective-1703681737

Big elite UK law firm @AllenOvery, headed for a #merger with New York-based@Shermanlaw, reported record revenues. #lawfirms #profits

https://www.allenovery.com/en-gb/global/news-and-insights/news/allen-overy-announces-revenue-growth

Not a surprise - a pattern -
Largest US #LawFirms Fall Victim to Devastating #CybersecurityBreach https://www.jdjournal.com/2023/07/10/largest-us-law-firms-fall-victim-to-devastating-cybersecurity-breach/ #cybercrime #lawirms #cybersecurity #IT #breach #ransomeware #Clop #clientdata

Big Law firm McDermott Will & Emery recently submitted a $5.1 million bill for its work from March to May 2023 for the creditors of #bankrupt #Crypto firm Voyager Digital Ltd, bringing the total billing to $16.4 million.
#lawfirm #lawfirms
https://news.bloomberglaw.com/business-and-practice/wake-up-call-mcdermott-bills-voyager-creditors-16-4-million

#NewJersey law firm @MDMC_LAW is suing its former chief financial officer, accusing him of stealing over $3.2 million from the firm in the last decade by paying himself big bonuses and abusing a firm credit card.
#lawfirm #lawfirms #Legal
https://news.bloomberglaw.com/business-and-practice/wake-up-call-nj-firm-accuses-ex-cfo-of-over-3-million-rip-off

A New York investment manager is suing Big Law firm @PaulWeissLLP and a partner in #Manhattan Supreme Court, accusing them of #Legal malpractice in a $258 million real estate deal.
#lawfirms #RealEstate
https://news.bloomberglaw.com/business-and-practice/wake-up-call-paul-weiss-faces-258-million-malpractice-claim

Big Law firm Jenner & Block announced that partner and cybersecurity practice co-chair Aaron Cooper left to join the White House as deputy legal advisor to the National Security Council.

#lawfirms #cybersecurity #WhiteHouse #NationalSecurity #legal #lawfirm

https://news.bloomberglaw.com/business-and-practice/wake-up-call-jenner-cybersecurity-co-chair-joins-white-house

Baker McKenzie was the top US law firm by headcount for 2022, although its count shrank 0.3% to 4,779 full-time attorneys. #Lawyers #lawfirms
https://news.bloomberglaw.com/business-and-practice/wake-up-call-baker-mckenzie-stays-atop-us-headcount-rankings

Big Law firm @Kirkland_Ellis ’ apparent subleasing of 2 out of the six floors it leased last year at Brickell Plaza in #Miami ’s financial district comes amid growing signs of a leasing market slowdown in South #Florida , according to a report.

#lawfirms

https://news.bloomberglaw.com/business-and-practice/wake-up-call-kirkland-sublets-in-miami-amid-market-slowdown

Big Law firm @Kirkland_Ellis ’ apparent subleasing of 2 out of the six floors it leased last year at Brickell Plaza in #Miami ’s financial district comes amid growing signs of a leasing market slowdown in South #Florida , according to a report.

#lawfirms

https://news.bloomberglaw.com/business-and-practice/wake-up-call-kirkland-sublets-in-miami-amid-market-slowdown

Silicon Valley firm Fenwick & West is delaying its 1st-year associates' start and giving them a $15k stipend to tide them over. The news comes as other big corporate #lawfirms consider a similar move to deal with a steep drop in their deal work.

https://news.bloomberglaw.com/business-and-practice/wake-up-call-fenwick-delays-first-year-associate-start-dates

Silicon Valley firm Fenwick & West is delaying its 1st-year associates' start and giving them a $15k stipend to tide them over. The news comes as other big corporate #lawfirms consider a similar move to deal with a steep drop in their deal work.

https://news.bloomberglaw.com/business-and-practice/wake-up-call-fenwick-delays-first-year-associate-start-dates

Sidley Austin LLP is advising financial services company Global Atlantic Financial Group on its $19.2 billion #risk transfer deal with life insurer MetLife, advised by Willkie Farr & Gallagher LLP.
#lawfirms #reinsurance #insurance #lifeinsurance
#risktransfer
https://news.bloomberglaw.com/business-and-practice/wake-up-call-sidley-willkie-debevoise-lead-reinsurance-deals
.

Sidley Austin LLP is advising financial services company Global Atlantic Financial Group on its $19.2 billion #risk transfer deal with life insurer MetLife, advised by Willkie Farr & Gallagher LLP.
#lawfirms #reinsurance #insurance #lifeinsurance
#risktransfer
https://news.bloomberglaw.com/business-and-practice/wake-up-call-sidley-willkie-debevoise-lead-reinsurance-deals
.

Sleazy scam:

#lawfirms using #recruiters to find #employees; then fire employees when it comes time to pay #recruiter for #work.

That's called #fraud and is potentially a crime, theft by deception.

__This request is not for me.__

If you are in #LosAngeles and looking for an experienced and legally trained #paralegal (JD, Law Review, former litigator) with NO aspirations to practice #law after decades of #legal experience, please send me a message. I have a great employee for you. /1

The #merger pact between London-based @AllenOvery and New York-based @ShearmanLaw has both big #lawfirms agreeing to compensate partners on a modified #lockstep basis. That would be a change for partners at both firms.

#compensation

https://news.bloomberglaw.com/business-and-practice/wake-up-call-new-a-o-shearman-would-pay-partners-with-lockstep

The #merger pact between London-based @AllenOvery and New York-based @ShearmanLaw has both big #lawfirms agreeing to compensate partners on a modified #lockstep basis. That would be a change for partners at both firms.

#compensation

https://news.bloomberglaw.com/business-and-practice/wake-up-call-new-a-o-shearman-would-pay-partners-with-lockstep