Bloomberg Law

As regulators consider mandating climate-related disclosures, companies are facing mounting pressure from investors to set climate targets and report their progress.     But just how much is investor scrutiny impacting goal setting activity? Check out my article, "Climate Goals Rules Loom and Investors Are Watching," to find out.     My analysis is available for free as part of Bloomberg Law’s 2025 Lookahead report, which can be found in the link below.      Download your complimentary copy: https://lnkd.in/eHCs8BiT  

The latest edition of Inside Big Law is here: Hogan Lovells and Perkins Coie are not feeling market pressures to match special bonuses that some firms have doled out for associates. The Supreme Court’s decision to strike down race considerations in college admissions prompted worries that law school classes would become less diverse but data from the ABA show minority enrollees held steady. Nominations are open for the 2025 edition of “They’ve Got Next: The 40 Under 40,” our special report recognizing the accomplishments of sterling young lawyers nationwide.

The US Supreme Court said it will hear TikTok’s challenge to a law that would ban the social media app if it isn’t sold by its Chinese parent company, scheduling arguments on an unusually expedited basis for Jan. 10. Learn more: https://lnkd.in/e_m7xeNX

Our approach to building AI-enhanced solutions centers around our dedication to our key areas: ✔️ Expertise and accuracy ✔️ Customer-centric approach ✔️ Transparency you can trust ✔️ Differentiated content In this video from our 'The Truth About AI for Law' event, Bobby Puglia speaks to our approach and its foundational principles. For more on the Bloomberg Law approach and how AI is transforming the legal field, watch the replay of our event: https://lnkd.in/eWHqRztn

Every day, our sales team engages with America’s leading businesses and most influential tax, law, and government relations firms— empowering professionals with the expertise, industry knowledge, content, and technology they need to seize opportunities and make well-informed decisions. In this video, sales team members Carroll Hebron Jr, John Todd, Tanjima Islam, and Kelsey Murphy share their personal journeys, what drew them to our team, and how they make an impact. If you're looking for a challenge and want to make an impact in the industry, learn more about our open roles: https://lnkd.in/dYTNj5xe #WorkOnPurpose 

Generative AI isn’t the new kid on the block in law anymore. Forty-five percent of respondents to a recent Bloomberg Law survey question about how their employer is using generative AI said that they’re working with the technology in some capacity. Meanwhile, state and local lawyer ethics authorities have been steadily issuing opinions clarifying the professional conduct rules that apply to lawyers’ use of generative AI, including the obligation under American Bar Association Model Rule 5.3 for lawyers to supervise nonlawyer assistants. As more attorneys use generative AI, and ethics authorities continue to issue guidance for using it, there will be a noticeable uptick next year in disciplinary actions aimed at lawyers failing to properly supervise AI output. For more on the outlook on guidance for using generative AI in legal practice, read Mary Shields' analysis in the Bloomberg Law 2025 Lookahead series report. Download your complimentary copy: https://lnkd.in/eCt4THne

The latest Inside Big Law is here: Steptoe associates can choose their own billable hour targets and corresponding salaries, thanks to a newly unveiled firm policy that will take effect in the new year. Boies Schiller’s formulaic approach to determining awards is leading to some lawyers getting bonuses that exceed $1 million. Three partners hired since 2022 led Paul Hastings’ team that advised on $7 billion food packaging deal.

Lawyers, your 2024 wrapped is here! 🎉

Our new Pharmaceutical Law & Practice page is your legal resource center for all things pharma, with content and resources on everything from drug pricing and FDA compliance to employment law, dealmaking, and more. As a preview of the resource page, we published a report examining emerging issues and statistical trends important to attorneys working in or advising the pharma industry. The report includes analyses, assessing various topics in litigation, transactions, and compliance through the legal lens of the pharmaceutical industry lawyer. Download your free copy of 'Focus on Pharma: Emerging Trends for Pharmaceutical Industry Lawyers' for the intel you need to advise companies and clients: https://lnkd.in/eXUEDhpZ

Check out the latest edition of Inside Big Law here:   Big Law firms with ties to President-elect Donald Trump are making sure their clients know about them — even though firms overwhelmingly supported Vice President Kamala Harris with their donations.   Coinbase’s CEO took aim at Milbank’s hire of former SEC director warning its law firms not to hire any anti-crypto government lawyers or risk losing the company’s work.   Paul Weiss joined more than a dozen other US law firms that have closed offices or reduced their footprint in mainland China over the past year.