Legal Market Insights
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"Law Firm Profitability is at Near-record High, New Report Says,” 11.11.24.
The ABA Journal reports, "Law firm financials have improved for seven consecutive quarters, leading to a profitability score that is the second highest on record for the Law Firm Financial Index since its inception more than 15 years ago."
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"Partners, Associates Have Totally Different Views on Long Hours,” 10.31.24.
Bloomberg Law’s Big Law Business Column look at "lawyers’ satisfaction with logging lots of billable hours."
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"Legal Sector Is Adopting GenAI, Preparing For Talent Shifts," 10.24.24.
Law360 reports, "The integration of generative AI is fundamentally transforming how legal professionals manage their daily tasks, with many anticipating that these AI-driven efficiencies will lessen the reliance on billable hours, according to a survey report posted Thursday.”
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"What Trump’s Win Means for the Federal Workforce,” 11.06.24.
Government Executive reports that the President-Elect is "poised to spur the most dramatic reimagining of the staffing of government in more than a century.”
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"Supreme Court’s Ruling in ’Students for Fair Admissions’ and Its Impact on DEI Initiatives in the Workplace," 11.08.24.
Two lawyers, writing for The Legal Intelligencer, argue, "While recognizing that the current legal landscape for DEI policies is challenging, it is important for employers to be reminded of the value of a diverse workforce and understand that they can implement numerous strategies to navigate these obstacles in furtherance of a commitment to diversity and inclusion in the workplace.”
