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IBM Finalizes $6.4 Billion Acquisition of HashiCorp, Enhancing Hybrid Cloud Strategy
IBM Finalizes $6.4 Billion Acquisition of HashiCorp, Enhancing Hybrid Cloud Strategy

IBM completes its $6.4 billion acquisition of HashiCorp, strengthening its hybrid cloud and AI capabilities. The deal follows regulatory approvals from the FTC and UK's CMA.

Feb 28, 2025
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KPMG Becomes First Big Four Firm Authorized to Practice Law in U.S.
KPMG Becomes First Big Four Firm Authorized to Practice Law in U.S.

KPMG has received approval from the Arizona Supreme Court to establish KPMG Law US, marking the first instance of a Big Four accounting firm practicing law in the United States.

Feb 27, 2025
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FTX's $950 Million Bankruptcy Fees Rank Among Costliest Since Lehman

FTX's bankruptcy has incurred nearly $950 million in fees, making it one of the most expensive Chapter 11 cases since Lehman Brothers.

Feb 26, 2025
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[Video] The Rise of Non-Equity Partners in Big Law

Non-equity partners are reshaping Big Law, with firms like Paul Weiss and Kirkland embracing this model. Bloomberg Law explores its growth, impact, and what it means for the industry.

Feb 26, 2025
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ABA Issues AI Guidelines for Judiciary, Emphasizing Human Oversight

The American Bar Association's Task Force on Law and Artificial Intelligence has released new guidelines to help courts integrate AI while maintaining judicial integrity.

Feb 26, 2025
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NLRB Counsel Withdraws Memo Targeting Non-Compete Agreements

The NLRB's acting general counsel has withdrawn a memo challenging non-compete agreements, signaling a rollback of federal efforts to regulate such contracts.

Feb 25, 2025
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AI Adoption in Legal Industry Increases, Sentiment Improves
AI Adoption in Legal Industry Increases, Sentiment Improves

AI adoption in legal work has doubled, with 40% of legal professionals using enterprise AI solutions and rising confidence in AI's benefits while job displacement concerns decline.

Feb 25, 2025
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Hilton Appoints Former DoD General Counsel Caroline Krass as EVP & General Counsel

Caroline Krass, former DoD general counsel, joins Hilton as EVP & general counsel, bringing decades of legal and national security expertise.

Feb 21, 2025
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Legal Tech Investments Surge in 2025

Legal tech funding in the U.S. is off to a strong start in 2025, with total investments reaching new highs in February, according to Crunchbase data analyzed by Legal.io.

Feb 21, 2025
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Cari Gallman Appointed as Bristol Myers Squibb's New Chief Legal Officer
Cari Gallman Appointed as Bristol Myers Squibb's New Chief Legal Officer

The company appointed Cari Gallman as the new Executive Vice President, GC, and Chief Policy Officer following the impending retirement of veteran Sandra Leung.

Feb 20, 2025
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SingleFile Raises $9 Million in Series A to Boost its Corporate Compliance Solutions

SingleFile secures $9 million in Series A funding to expand its compliance platform capabilities, enhancing automation for corporate and legal compliance processes.

Feb 20, 2025
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Sirius XM Hires Richard Baer as CLO

Richard Baer, former legal chief of Airbnb and Liberty Media, returns from retirement to join Sirius XM as EVP and General Counsel.

Feb 19, 2025
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