In a significant move within the packaging industry, Kirkland & Ellis has extended its expertise to private investment firm Clayton, Dubilier & Rice (CD&R) regarding its latest acquisition of Veritiv, a prominent player in the packaging domain. The agreed-upon purchase price stands at $170 per […]
Legal Industry
U.S. Legal Sector Faces Employment Setback: 1,200 Jobs Lost in July
In a recent report, the U.S. legal services sector experienced a significant setback as it lost 1,200 jobs in July, according to the latest data released by the Labor Department. The decline comes amidst ongoing layoffs at prominent U.S. law firms, indicating challenges faced by […]
Wachtell Lipton Rosen & Katz to advise Michael Jordan on Divesting Majority Ownership of Charlotte Hornets to Plotkin-Schnall Led Group
June 16, 2023 – In a major shift within the NBA’s ownership landscape, Hornets Sports & Entertainment (HSE) divulged on June 16th, 2023, that Michael Jordan, the legendary basketball player and Chairman of HSE, has inked a deal to transfer his predominant stake in the […]
A Cautionary Tale: Incidents Where AI Went Awry in the Legal Field

Artificial Intelligence (AI) has been hailed as a game-changer in various sectors, including law. The potential advantages are significant: automation of routine tasks, swift processing of vast data sets, and the potential for predictive analytics. However, the use of AI isn’t without its hiccups and […]
Sharpening Legal Research with the Blade of Artificial Intelligence
In the world of legal practice, effective research is the linchpin that holds everything together. Ascertaining the correct legal principle or digging out the most appropriate precedent can often determine the difference between winning or losing a case. Traditionally, this has been an incredibly demanding […]
Navigating the Minefield: The Risks of Using AI in the Legal Field
Artificial Intelligence (AI) has made significant strides in many sectors, and the legal field is no exception. From aiding with case research to automating administrative tasks, AI has become a tool of choice for many modern law firms. However, like any powerful technology, AI carries […]
AI: The New Ally in the Legal World
The year is 2023, and as artificial intelligence (AI) continues to reshape myriad sectors, the legal profession has not been left behind. In the past, lawyers depended on traditional methods to perform legal tasks, which were often time-consuming and tedious. Today, however, AI has become […]
Embracing the Future: How AI Can Revolutionize Law Firms
In an era of rapid technological advancements, artificial intelligence (AI) has emerged as a transformative force, reshaping industries across the board. One area where AI is proving to be especially beneficial is the legal sector. Forward-thinking law firms are recognizing the potential of AI to […]
Pivoting towards Progress: Key Developments in the US Legal Market in 2022
The year 2022 was a significant one for the legal sector in the United States. Marked by the ongoing impact of the COVID-19 pandemic, the industry saw significant changes, led by technological innovation, shifts in work patterns, and evolving client expectations. Here, we delve into […]