As digital transformations continue to reverberate through the world of big law, one development that’s started to gain attention is the rising significance of Generative AI tools for litigators. These tools, increasingly becoming pivotal parts of litigation strategy, could be about to usher in a potential “arms race” within the legal profession.
Hausfeld counsel, Anna Gilbert, recently pondered over the question: “What GenAI tools will the opposition be using?” Her viewpoint projects this as becoming an essential consideration for litigators and their firms. Gilbert further emphasized how generative AI, which has shown proficiency at inference, could revolutionise the litigation landscape, going far beyond just delivering a ‘straight answer’. More of her insights can be found in the Artificial Lawyer.
In related news, Norton Rose Fulbright reported a 8.3% revenue growth in 2023, taking the total to approximately $2.3 billion. The firm’s profits per equity partner increased by a substantial 32.7% in 2023, reaching $1.4 million. This boost was mainly due to a reduced partner equity tier of around 140 lawyers. Global Legal Post has the detailed report.
Furthermore, the prestigious law firm Pillsbury Winthrop Shaw Pittman has extended its San Francisco waterfront office lease at Four Embarcadero Center through 2035. In addition to securing their lease the firm is renovating the space to add more open, collaborative working areas and integrate state-of-the-art technical enhancements to keep pace with modern business workflows. The plans for the renovation and its implications were published on Pillsbury’s official website.
Finally, a tragic situation unfolded when Las Vegas attorney Lisa Rasmussen witnessed an intense custody deposition taking a violent downturn. In a report by Las Vegas Review-Journal, she shares her unexpected experience of attorney Joseph Houston resorting to violence during the proceedings.
Original report by Sam Skolnik at Bloomberg Law can be read here.