Legal Market Insights
- “Beyond the Billable Hour: Why Younger Lawyers Should Invest in Civic Life,” 05.22.26. Writing at The American Lawyer, a law firm partner discusses why some seemingly successful lawyers feel unfulfilled and encourages new lawyers to get involved in community life early in their careers: “These commitments require time you may feel you do not have, but they return something the billable hour cannot: relationships, perspective, and a professional identity that extends beyond your client list.”
- “Finalized Student Loan Limits Will Impact Law Students, Law Schools and the Legal Profession,” 05.26.26. The American Bar Association reports, “Regulations that limit the amount of federal loans available to ‘professional’ advanced degrees such as law were finalized Thursday by the U.S. Department of Education, potentially limiting access to legal education in ways that could impact law students, law schools and the legal profession.”
- “Legal Professionals Increasingly See AI as a Job Generator,” 05.27.26. Legaltech News reports on new data that shows many legal professionals believe that AI will create more jobs in the legal market, rather than fewer, remarking, “The report’s authors noted that the shift in outlook is significant at a time when research shows the long-term impacts of AI on the broader U.S. labor market remain uncertain.”