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2016 Georgetown Report on the State of the Legal Market
February 1, 2016
This story of the demise of Kodak is an important cautionary tale for law firms in the current market environment. Since 2008, the market for law firm services has changed in significant and permanent ways. Clients who previously deferred to their outside firms on virtually all key decisions regarding the organization, staffing, scheduling, and pricing of legal matters are now, in most cases, in active control of all of those decisions. Increasingly, clients are demanding more “value” in return...
February 1, 2016
This story of the demise of Kodak is an important cautionary tale for law firms in the current market environment. Since 2008, the market for law firm services has changed in significant and permanent ways. Clients who previously deferred to their outside firms on virtually all key decisions regarding the organization, staffing, scheduling, and pricing of legal matters are now, in most cases, in active control of all of those decisions. Increasingly, clients are demanding more “value” in return...
January Arbitration Update: Effective Vindication, Class Arbitration, and FAA Preemption
February 1, 2016
Lots of interesting arbitration law has been made already in 2016, so here is a roundup from the first four weeks of the year....
February 1, 2016
Lots of interesting arbitration law has been made already in 2016, so here is a roundup from the first four weeks of the year....
Wave of Law Firm Pair-Ups Set to Continue in 2016
February 1, 2016
Last year saw US law firms joining forces at a rate never before recorded. According to a new report from Altman Weil MergerLine, that trend is expected to continue well into the new year. The latest MergerLine report shwoed 2015 to have been a record breaking year for law firm combinations in the US, both in terms of the number of join-ups and their size. A total of 91 law firm combinations were recorded over the 12 months to 31 December, eclipsing the previous record set in 2013 of 88. Dentons...
February 1, 2016
Last year saw US law firms joining forces at a rate never before recorded. According to a new report from Altman Weil MergerLine, that trend is expected to continue well into the new year. The latest MergerLine report shwoed 2015 to have been a record breaking year for law firm combinations in the US, both in terms of the number of join-ups and their size. A total of 91 law firm combinations were recorded over the 12 months to 31 December, eclipsing the previous record set in 2013 of 88. Dentons...
Free for All: NYPL Enhances Public Domain Collections For Sharing and Reuse
January 31, 2016
Today we are proud to announce that out-of-copyright materials in NYPL Digital Collections are now available as high-resolution downloads. No permission required, no hoops to jump through: just go forth and reuse! The release of more than 180,000 digitized items represents both a simplification and an enhancement of digital access to a trove of unique and rare materials: a removal of administration fees and processes from public domain content, and also improvements to interfaces — popular and technical...
January 31, 2016
Today we are proud to announce that out-of-copyright materials in NYPL Digital Collections are now available as high-resolution downloads. No permission required, no hoops to jump through: just go forth and reuse! The release of more than 180,000 digitized items represents both a simplification and an enhancement of digital access to a trove of unique and rare materials: a removal of administration fees and processes from public domain content, and also improvements to interfaces — popular and technical...
Google Files Patent for Drone ‘Delivery Receptacle’
January 31, 2016
Google's secretive drone delivery project could include a component designed to store packages securely. A patent filed Tuesday in the United States by the company, a unit of Alphabet Inc, describes a "delivery receptacle" designed to take packages from an "aerial delivery device" for deposit to a secure location. The receptacle would use infrared beacons to connect with drones in the air and then guide them for delivery. The delivery receptacle would then take the package to a safe location...
January 31, 2016
Google's secretive drone delivery project could include a component designed to store packages securely. A patent filed Tuesday in the United States by the company, a unit of Alphabet Inc, describes a "delivery receptacle" designed to take packages from an "aerial delivery device" for deposit to a secure location. The receptacle would use infrared beacons to connect with drones in the air and then guide them for delivery. The delivery receptacle would then take the package to a safe location...
Tinderization of Feeling
January 31, 2016
Tinder’s binary mechanisms can be a template for a whole way of life in which everything is an option and processing beats...
January 31, 2016
Tinder’s binary mechanisms can be a template for a whole way of life in which everything is an option and processing beats...
Thomson Reuters Offers Glimpse of New AI Product Using IBM’s Watson
January 30, 2016
At what was billed as an Innovation Summit in its Times Square headquarters yesterday, Thomson Reuters Legal briefed journalists,...
January 30, 2016
At what was billed as an Innovation Summit in its Times Square headquarters yesterday, Thomson Reuters Legal briefed journalists,...
Watson Helped IBM Win More Patents Than Any Other
January 30, 2016
Even after 104 years, IBM is still the most innovative company in the United States by at least by one important metric: patents. With 7,355 patents granted in 2015 IBM — which was founded in 1911 — crushed the competition, thanks in part to its artificial intelligence system, Watson, based in Astor Place in the East Village. “More than 2,000 of IBM’s patents last year were related to its cloud and cognitive computing,” an IBM representative wrote to the New York Business Journal...
January 30, 2016
Even after 104 years, IBM is still the most innovative company in the United States by at least by one important metric: patents. With 7,355 patents granted in 2015 IBM — which was founded in 1911 — crushed the competition, thanks in part to its artificial intelligence system, Watson, based in Astor Place in the East Village. “More than 2,000 of IBM’s patents last year were related to its cloud and cognitive computing,” an IBM representative wrote to the New York Business Journal...
Robots, New Working Ways to Cost Five Million Jobs by 2020, Davos Study Says
January 30, 2016
Disruptive labor market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according to an analysis published in Davos on Monday. The projection by the World Economic Forum (WEF), which is holding its annual meeting in the Swiss ski resort this week, assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new positions. The 15 economies covered by the survey account...
January 30, 2016
Disruptive labor market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according to an analysis published in Davos on Monday. The projection by the World Economic Forum (WEF), which is holding its annual meeting in the Swiss ski resort this week, assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new positions. The 15 economies covered by the survey account...
2016 Georgetown Report on the State of the Legal Market
January 29, 2016
Law firm leaders need to make bold, proactive changes in how legal services are delivered if firms are to thrive in the rapidly changing legal marketplace. That is among the findings of the “2016 Report on the State of the Legal Market” just issued by the Center for the Study of the Legal Profession at Georgetown University Law Center and Thomson Reuters Peer Monitor. Two thousand fifteen saw a sixth consecutive year of largely flat demand, weakening pricing power and falling productivity....
January 29, 2016
Law firm leaders need to make bold, proactive changes in how legal services are delivered if firms are to thrive in the rapidly changing legal marketplace. That is among the findings of the “2016 Report on the State of the Legal Market” just issued by the Center for the Study of the Legal Profession at Georgetown University Law Center and Thomson Reuters Peer Monitor. Two thousand fifteen saw a sixth consecutive year of largely flat demand, weakening pricing power and falling productivity....
