On Scaling Legal Advice: Last month I wrote about labor and employment firms scaling legal advice to respond to a surge in demand for their services. This week, Littler Mendelson furthered that trend by rolling out a new technology product designed to conduct in minutes or hours reviews of reductions in force that Scott Forman said used to take days. Forman, a Littler shareholder who founded Littler OnDemand, said the Restructuring Assessment Solution was developed to more quickly conduct data analysis that can help companies avoid discriminating against groups of employees while making layoff decisions.
On Litigation Finance: Parabellum Capital has raised more than $450 million in a new fund to invest in lawsuits. The private litigation fund run by industry pioneers is expecting a surge in litigation following the pandemic. The subjects of virus-related suits could run the gamut from insurance coverage, to unfulfilled contracts, to claims arising from bankruptcies.
