The legal landscape promises to be rich in 2024, shaped by diverse focal points ranging from Artificial Intelligence (AI), Environmental, Social and Corporate Governance (ESG), and Diversity, Equity, and Inclusion (DEI) to supply chain issues, labor unions, and reproductive rights—the lead actors of 2023. What do these themes imply for 2024? Our legal analysts from the acclaimed
Bloomberg Law 2024 outlook series provide the insights.
Our team of experts have conducted in-depth analysis across Litigation, Transactions & Contracts, Regulatory & Compliance, AI, and the Practice of Law, all with due consideration to the post-pandemic and economically volatile climate. The scope is both expansive and nuanced, capturing niche aspects of each area.
In the scenario of Litigation, the focus points include the cases over gender-affirming care and reproductive rights, the potential impact of the Purdue Pharma case on Chapter 11 bankruptcies, application and significance of the “major questions doctrine” in court decisions, and the evolving patterns in litigation finance.
From a Transactions & Contracts perspective, the key topics of conversation are trends in Foreign Direct Investment, the regulatory framework for Non-Fungible Tokens (NFTs) and cryptocurrencies, global supply chain statuses, and the future trajectory of Mergers & Acquisitions market in 2024.
Moving to the Regulatory & Compliance domain, the focal issues span from rise in unfair labor practice charges and international pay equity laws to an increase in greenwashing claims and the destiny of the Consumer Financial Protection Bureau (CFPB).
The practice of AI has been a juggernaut of a topic in recent times and promises to be the same in 2024. The questions being asked range from the impact of generative AI on the enforcement of privacy, security, and antitrust laws to how the resolution of copyright disputes may shape up, how law firms are bracing for potential cyber-attacks, and the incorporation of AI in budgeting by in-house legal departments.
The final lens of analysis is the Practice of Law itself, discussed holistically to glean insight on the practical and technological skills imparted by law schools, observable patterns in the gender pay gap within the legal industry and the potential for mentorship programs to forward the DEI agenda within law firms.
Bloomberg Law’s expert analysts are equipped to provide sharp analysis and ready to prepare you appropriately for the legal journey in 2024.
For access to the full range of these forward-thinking examinations, refer to the complete Bloomberg Law 2024 series.
To understand how these trends may shape the legal industry, visit the article.