MIT researchers say AI can already replace 11.7% of U.S. jobs, with risks concentrated in administrative, financial, and professional services roles often overlooked in public debates.
Private equity investment is rapidly moving into early legal tech, accelerating revenue pressure and reshaping expectations for startups built around generative AI.
Paul, Weiss, Rifkind, Wharton & Garrison and Hogan Lovells have joined the growing roster of Big Law firms matching the year-end and special bonus scale set by Cravath, Swaine & Moore earlier this week.
Snap is hiring Munger Tolles partner Zachary Briers as general counsel, reinforcing deep outside-counsel ties as Michael O’Sullivan exits after eight years marked by heavy litigation and regulatory scrutiny.
The LegalTech Fund has closed a $110 million second fund, backed by McDermott, Orrick, Clio and Thomson Reuters Ventures, to back early-stage legal tech from seed to Series A and beyond.
Stockholm-based Legora secures $150M in Series C funding led by Bessemer Venture Partners, accelerating global expansion and AI development for legal professionals.
California's new DROP system lets residents delete data from all registered brokers with a single request, setting a new privacy standard for global regulators.