Law Firms Adopt AI Tools at Unheard-Of Pace as Enthusiasm Grows

Tools powered by artificial intelligence are now as commonplace as other attorney software at big firms, Bloomberg Law’s Leading Law Firms survey found.

California Eyes Milbank Lawyers for Paramount Deal Challenge

State attorneys general are eyeing a pair of former Federal Trade Commission attorneys with the law firm Milbank LLP to help litigate a possible antitrust case against Paramount Skydance Corp.’s $110 billion purchase of Warner Bros. Discovery Inc., according to people familiar with the matter.

DOJ’s Dhillon Widens Civil Rights Footprint in Education Deal

The Justice Department’s top civil rights enforcer can extend the anti-DEI approach she’s championed under President Donald Trump as the Education Department offloads key responsibilities.

‘Take Care of Maya’ Family Battles Lawyers Over Litigation Loan

A family at the center of a Netflix documentary about the treatment of a child with a rare chronic illness is battling their former attorneys over proceeds from a $42 million litigation funding loan.

Ford Motor GC to Law Firms: We Are Outpacing Your AI Adoption

Law firms are behind tech-forward in-house legal teams in implementing AI tools, writes Ford chief policy officer and general counsel Steven Croley. Croley writes to solicit robust ingenuity from law firms, with an eye to expand Ford’s relationships with external partners who innovate and deliver quickly, and curtail reliance on those who lag behind.

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John Quinn Warns of Generational Clash When Firms Get Investors

Even Cravath, Wachtell Must Now Fight 'the Talent Wars'

Trump's U-Turn in Big Law Fight Shows White House Fury for Firms

Why Polsinelli Lawyers Won't Get Billing Credit for AI Training

Bloomberg Law M&A League Tables

Sullivan & Cromwell Snags Top M&A Spot in Rankings Shakeup

Elon Musk and OpenAI fueled a shakeup in Big Law’s top M&A advisers during the first quarter as deals activity reached a record high and private equity’s biggest players slid.

The $225,000 Starting Salary: How Big Law Associates Make Bank

Big law associates work long days to meet annual targets of around 2,000 billable hours. Why do they do it? The financial rewards are substantial: starting salaries at top tier law firms begin at $225,000 annually. And that's not including lucrative year-end and special bonuses. In this video, we explain the system at the heart of Big Law's big paydays for its junior lawyers.

From Across Bloomberg Law

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  • Environmental, Social & Governance (ESG)
  • Privacy & Cybersecurity
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CFTC Seeks Input on 24/7 Futures, Energy Perpetuals Trades

The Commodity Futures Trading Commission asked for public input on both perpetual contracts and 24/7 trading for traditional energy derivatives, after industry heavyweights raised concerns about offshore platforms and excessive levels of risk.

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