News
DISCO Goes Public - and opens on the NYSE with a bang! The Texas-based eDicovery and legal document review company went public this week, trading under the LAW symbol. More here.
Lowenstein Sandler - a firm that brought in gross revenue of $350.1M in 2020 and once ‘strongly encouraged’ vaccination will now require it to return to office. More here.
Cooley Will Not Require Lawyers to Return to Office - The firm set clear boundaries for lawyers; no minimum in-office day requirement and no return date to the office. Anyone who does return to the office will need to be fully vaccinated as well. More here.
Morgan Stanley Backlash: CLO Pens Letter on Going Back to Office - The letter urges a "warning" to their outside law firms about their remote work policies citing work performance issues if left unaddressed. Top lawyers at Adobe Inc., Dell Inc., and Qualcomm Inc. have responded stating they don't mind workplace flexibility. More here.
As a war for legal talent rages, analysts question whether perpetual salary raises and bonuses are sustainable. Firms are considering non-partner-track lawyers and alternative staffing measures. More here.
FTC Votes Unanimously to Enforce Right to Repair - the vote follows an executive order issued last week by the White House pressing the agency to secure individual consumers' rights to fix their devices. More here.
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