Legal Market Insights
- "DOJ to Start Hiring Prosecutors Directly Out of Law School," 03.16.26. Bloomberg Law reports, "The Justice Department has waived a policy requiring newly hired federal prosecutors to possess at least one year of experience practicing law as US attorneys’ offices struggle to find qualified replacements following mass departures.”
- "Legal’s Gen AI Adoption Is Rising Fast, but Trust and Confidence Lag Far Behind," 03.20.26. Legaltech News reports "Almost all legal teams have access to generative artificial intelligence-powered tools, but their trust in the outputs gen AI systems produce and their confidence using gen AI for legal work vary widely, according to new research from alternative legal services provider Factor.”
- "Trump administration moves key student loan oversight to Treasury," 03.19.26. "The Education Department said Thursday that the Treasury Department will assume responsibility for collecting on defaulted student loans, the first of three phases to spin off key functions of the office of Federal Student Aid," reports The Washington Post.
- "Virginia moves to launch legal cannabis marketplace after years of delay,” 03.18.26. Virginia Mercury reports on the soon-to-be-established regulatory framework that will be governed by a new state agency, the Cannabis Control Authority. "The new state agency would oversee licensing, enforce regulatory compliance, collect cannabis taxes, and monitor the supply chain."
- "US legal jobs grow as economy sheds jobs," 03.06.26. "Employment in the U.S. legal sector continued to grow in February, new data released Friday by the Labor Department showed, reaching another historical high even as the broader economy shed jobs and the unemployment rate increased," reports Reuters.
