Baker Botts Brings Bonuses
Follow the leader continues.
Follow the leader continues.
Moneyyyyyyyyyy!
LexisNexis sat down with John Ursin, Managing Partner at Schenck Price, to learn how the firm is using legal AI to strengthen client service and daily legal work.
Howdy! And welcome to the raise party!
* When you constantly admit to elements of a crime, it shouldn't really be a surprise when you get indicted for that crime. [CNN] * Julian Assange loses bid to avoid extradition to the United States. His camp says he has another appeal coming, but maybe he and Trump can soon reminisce about classified documents and Russian misinformation campaigns. [Reuters] * Baker Botts eyes merger and five of its partners eye the leadership chair. It's Game of Thrones except with more financial spreadsheets and less nudity. Presumably. [Bloomberg Law News] * ChatGPTGate continued with a hearing and the two lawyers involved in citing the fake AI generated cases got a thorough tongue-lashing. [Law360] * Speaking of AI, a radio host has sued ChatGPT for making up past criminal claims about him. This has been coming for awhile. [Business Insider] * The FBI nabbed the guy involved in the allegations against Texas AG Ken Paxton, so that's all crumbling apace. [Politico] * ABA issues ruling on client intake. Look, they can't all be earth-shattering the day after a president gets federally indicted. [American Lawyer]
Which firm will be the one to combine with Baker Botts?
Financially suffering law firms may be the exception rather than the rule.
Designed to reduce manual docket work by prioritizing what litigators need most: on-demand full docket summarization that explains the whole case to date, followed by on-demand document summaries for filing triage, and AI-powered natural language searching for faster search and retrieval.
Associates have their cake and eat it too.
'It's a miracle,' said one associate.
After cutting back last year, the firm is moving ahead with the rest of Biglaw.
Toot toot! Another firm gets on board with special bonuses.
Grounded in authoritative content and verified at every step, Protégé is the only legal AI tool that delivers work you can trust—without exception.
Bonuses will be paid before year end.
That's... a lot of layoffs.
Bonuses, post-COVID austerity measures, is the new Biglaw trend.
Expect salary cuts across the board.
Sullivan & Cromwell, Kirkland & Ellis, Arnold & Porter, Wachtell, and Baker Botts all have their hands on this deal.