The in-house roundup is a fortnightly newsletter curated by the team behind Lexoo. Get the latest insights, trends, interviews, and news from the world of in-house law. Subscribe today for free In-House Roundup.
This week’s in-house roundup includes a wide range of stories, from the rise of legal tech education, the NQ salary war, to the growth in legal ops (forecast: $3.6bn by 2027!) and getting your in-house team ready for the next downturn! (Especially important considering this week’s GDP data!)
1. Traditional law firms must adapt or die, tech GCs warn
Traditional commercial law firms are “on their death bed” and must change their business models to survive, the GCs of three leading tech companies warned last week at Lexoo’s first GC roundtable in London…
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(3 minute read)
2. Don’t call me a lawyer—I am a “legal engineer”
A software-driven world needs a new type of lawyer as AI and digital privacy complexity changes the way legal firms do business. Ciara Byrne, writing in Fast Company this week, argues that our software-driven world is revolutionising the legal profession and giving rise to what are known as “legal engineers.”
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(6 minute read)
3. Legal Ops Software Market To Be Worth $3.6bn By 2027
The Legal Ops software market is expected to reach around $3.6 billion by 2027, says a new market research report by New York-based Zion Market Research…
The North American market is expected to be the largest by far, with Europe second and expected to show significant growth in the years to come.
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(3 minute read)
4. The Rise and Rise of Legal Tech Education
According to an article from Artificial Lawyer this week, law schools and universities across the UK have heard the message that ‘there’s not enough legal tech education’, and are increasingly adding legal tech courses at graduate and undergraduate level….
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(3 minute read)
5. Travers Smith joins NQ salary war…
Travers Smith has become the latest law firm to join the City’s growing war over junior lawyer talent, upping its total newly qualified (NQ) solicitor pay package to as much as £110,500…
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(3 minute read)
6. Is Your Legal Department Ready for the Next Big Crash?
In-house leaders should be assessing their legal departments regularly to find and fix inefficient spending and work habits while also implementing new tech solutions now—before it’s too late…
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(2 minute read)
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7. Ex-Big Law Attorneys Stock Trump White House
The Trump White House counsel’s office has swelled in recent months as U.S. House Democrats press investigations of President Donald Trump and his private businesses, lawmakers seek information about the special counsel’s Russia investigation, and the federal courts confront a series of cases that could force the president to hand over financial records he’s long tried to keep secret…
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(2 minute read)
(Subscription)
8. Kirkland Lawyers in Spotlight Amid New Epstein Case
Kirkland & Ellis is not representing accused sexual predator Jeffrey Epstein this time around, but the law firm and its alumni’s prints are all over his current criminal case in New York federal court…
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(2 minute read)
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9. In Their Own Words: 9 Partners On Diversity At Work
Attorneys from underrepresented groups are a rarity in U.S. law firms, according to Law360’s annual Diversity Snapshot. We asked nine law firm partners with diverse backgrounds about times when their race, religion…
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(3 minute read)
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We help GCs at some of the world’s pre-eminent companies like Monzo, eBay, Vodafone and Stripe to deliver more value to their business whilst reducing legal spend. You can read more about us here.
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