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New York law firms are leading the way in adopting a progressive work model: the four-day office rule. This innovative approach allows legal professionals to work remotely for a portion of the week while maintaining a physical presence in the office for four days. Recognizing the advantages of remote work, New York law firms are...
Saudi Arabia’s surge in dealmaking activities has captured the attention of top-tier law firms worldwide, seeking to offset the decline in mergers and acquisitions (M&A) in Europe and the United States. Kirkland & Ellis, the world’s largest law firm by revenue, is actively considering establishing a presence in Riyadh, recognizing Saudi Arabia as “an important...
🌟 In the dynamic world of law firms, the recognition of diversity, equal opportunities, and inclusion has gained paramount importance. Many leading AM Law 100 firms are investing in dedicated Diversity, Equity, and Inclusion (DEI) departments to create inclusive environments where everyone can thrive. Latham & Watkins, for instance, has established a robust DEI program...
In one of the most significant transatlantic legal deals in history, UK-based “magic circle” law firm Allen & Overy and New York’s Shearman & Sterling are set to merge, creating a powerhouse legal practice. The merger, subject to partner votes at both firms, will establish one of the world’s largest legal entities, boasting combined revenues...
The growth of AI models based on large language models has been remarkable since the introduction of OpenAI’s ChatGPT last November. These models are capable of generating text and other outputs that closely mimic human creativity and analysis. In fact, researchers recently achieved a significant milestone by using GPT-4 to pass the bar exam! 📚💼...
According to a survey conducted by Major, Lindsey & Africa, a leading recruitment firm, Generation Z, born between 1995 and 2012, is showing a decreased interest in joining the largest global law firms. 📚💼 The survey revealed that less than 40% of Gen Z respondents expressed a desire to work at one of the top...