With the ongoing shift in the global legal landscape, many of London’s top attorneys, commonly referred to as ‘rainmakers’, seem to be conspicuously absent. According to an analysis on Law.com, this shift could pose significant challenges for U.K. firms in the global competition. The report suggests that in order to compete effectively on a global…
In an interesting turn of events, some of the judges appointed during President Trump’s tenure have been cited for disregarding Supreme Court decisions. Their judgements particularly affect minority groups, raising fresh questions about judicial impartiality. You can read the detailed analysis of this situation in an article by Slate. Furthermore, the advancement in AI technology…
Last month, an attention-grabbing report by the OECD announced that lawyers were at “high risk” of losing their jobs to artificial intelligence (AI). However, a more nuanced view is suggested by a recent international survey conducted by LexisNexis, titled the“International Legal Generative AI Survey”. This survey, which involved feedback from 7,950 legal professionals, law students,…
The International Legal Technology Association Conference (ILTACON) hit the ground running this week, as it commenced in Orlando from Sunday and is set to wrap up by Thursday. Attendees numbering over 3,200 and 1,700 members onsite had the opportunity to absorb enlightening content, interact with new contacts, and explore potential business opportunities. One of the…
An international survey conducted by LexisNexis reveals that almost half of legal professionals and consumers see generative AI significantly impacting the practice of law. The study comprised of 7,950 participants including lawyers, law students and consumers from the US, UK, Canada, and France. Their inputs provided a better understanding of their awareness of generative AI…
The annual gatherings of the International Legal Technology Association (ILTACON) have seen a gradual shift in attitude towards artificial intelligence (AI). Where once this technology was viewed with a degree of skepticism, it is now recognized by many as a tool with the potential to change legal industry practices. Nonetheless, AI is not expected to…
The severity of the Hawaiian wildfire tragedy continues to escalate, with 114 confirmed fatalities and another 850 still unaccounted for. As the lives of locals are drastically affected by this disaster, it is crucial to recognize Hawai’i as more than an idyllic tourist destination. Despite the ongoing crisis, Addleshaw Goddard, a renowned international law firm…
Recently, some of the world’s most notable law firms, such as White & Case, Cleary Gottlieb Steen & Hamilton, Orrick, and Latham & Watkins, have provided legal advice on a notable cross-border debt restructuring deal. This multibillion-euro deal involves none other than Casino Guichard-Perrachon, one of the largest retail chains in France and an established…
In a recently leaked image of the forthcoming iPhone 15, Apple confirmed what industry observers long presumed: the tech giant is moving away from proprietary charging ports and aligning itself with other major smartphone manufacturers by incorporating a standardized USB-C plug. This modest shift is significant within the scope of global regulatory practices as per…
In a recent turn of events, a top 20 ‘Biglaw’ firm has let go of a number of its staff in Australia. The redundancies were carried out primarily among the firm’s business services personnel, following observations of efficiency gaps in these functions. The firm emphasized that these were tough decisions to make and all individuals…
Shearman & Sterling continues shaping its team with a familiar face in the international legal community. The firm welcomes back Alejandro Gordano, a capital markets attorney with expansive global experience across Buenos Aires, Zurich, London, Cambridge, Massachusetts, and New York. This appointment comes after Gordano’s three-year term as New York-based counsel at Linklaters. Born in…
Many corporate Biglaw attorneys have experienced difficulties through the past year as demand has diminished. As layoffs become a concern, these lawyers might be contemplating other options for their careers. Intriguingly, midsize firms could offer a more appealing environment for corporate attorneys. Steve Cooperman, chair and co-managing partner of Morrison Cohen, a midsize international firm,…
The International Legal Technology Association’s annual conference, ILTACON, is taking an unorthodox measure this year. Attendees of the event in Orlando, known for uniting professionals concerned with the overlap of legal practises and technology, are facing a $50 fine if they neglect to return their name badges post-convention. These badges, better known as Klik SmartBadges,…
In a recent development, the international law firm Norton Rose Fulbright has made a handful of redundancies within their back-office staff in Australia. “These were difficult decisions to make and those individuals were closely supported through the process,” commented a representative from the firm. No further details surrounding the situation has been made available at…
In a recent interview with Law.com International, Brent Botha, the incoming CEO of Norton Rose Fulbright South Africa, has affirmed his commitment to focus on his executive responsibilities. Botha, currently head of disputes at the firm, is set to assume his role as CEO on 1st October. While he acknowledges the “bitter-sweetness” of departing the…
A recent survey exploring trends in litigation and e-discovery has found that 40% of legal professionals are either currently employing generative AI tools in their practice or planning to do so. The 2023 Ediscovery Innovation Report, a collaboration between Everlaw, the Association of Certified E-Discovery Specialists (ACEDS) and the International Legal Technology Association (ILTA), collected…
Pioneering in the realm of legal technology, the International Legal Technology Association Conference (ILTACON) goes beyond than a traditional trade show. With a history spanning more than two decades, ILTACON has been evolving as a platform not just for showcasing the latest in legal technology, but more importantly, as a space fostering education, networking, and…
Long outpaced by its European counterparts in the realm of legal technology, Spain has recently experienced a surge in local innovation within its legal tech sector. Historically, Spain relied heavily on tech solutions from industry leaders such as France, the UK, and Germany. However, a shift began approximately two years ago, driven by the COVID-19…
Recognized as the underdog in Europe’s legal tech space, Spain is often dependent on prominent markets like France, the U.K., and Germany for its legal tech solutions. Yet, a shift started around two years ago when due to the pressure exerted by global clients seeking improved tech-oriented solutions, and the onset of the COVID-19 pandemic,…
Morrison Foerster, a renowned international law firm, recently served as legal adviser for Growtheum Capital Partners’ closing of its $567 million debut fund. Growtheum Capital, a private equity firm headquartered in Singapore and helmed by ex-GIC managers, will utilize this fund for various deals across Southeast Asia and India. Law.com reports that Growtheum was established…
Sidley Austin, the renowned international law firm, is leading China Evergrande Group in a US bankruptcy filing. China Evergrande, one of the world’s largest and most indebted real estate developers, has experienced a financial mishap that has sent shockwaves through global markets. By filing for bankruptcy in the United States, Evergrande aims to leverage the…
Law firm Latham & Watkins, which established its Shanghai outfit nearly 20 years ago, is set to wind down operations in the city. Currently, ten lawyers are stationed in Shanghai under the leadership of corporate partner Rowland Cheng. Reports indicate that these legal professionals have been offered the chance to transfer to the firm’s Beijing…
Recently, the Silicon Valley-based international law firm Gunderson Dettmer, consisting of over 400 lawyers representing clients exclusively in the innovation economy, launched a generative AI chat app – ChatGD. The firm claims to be unique in its endeavor, being the first US-based law firm developing a proprietary internal tool utilizing generative AI technology. The groundbreaking…
In an era characterized by rapid technological advancement and ever-evolving global regulatory landscapes, the legal sector finds itself at the crossroads. As corporations and law firms expand their activities across multiple jurisdictions, they face increasingly complex legal challenges, some of which have global implications. Take, for instance, the impact of the European Union’s General Data…
Legal professionals globally may find the recent developments at global law firm, Dentons, intriguing. Recently, the leaders at Dentons have elected Nicholas Howon Park as the new global board chair. Park, who previously headed the firm’s South Korea region, will fill a vacancy left by the outgoing chair, Xuefeng Peng, who previously led a Beijing-based…