Jessie Yount
AI is a threat to the billable hour, but it also offers the opportunity to get out of low-value work and meet latent demand from clients.
Manatt's integrated legal and business platform helped it outperform despite a challenging demand environment, according to CEO Donna Wilson, seeing a 3.6% increase in revenue and net income and profits that nearly matched 2021 performance.
"This is of interest to everyone and my mother because it has so much potential to impact people, both good and potentially bad," Gibson Dunn's AI leader Vivek Mohan said. "People want to see responsibility and guardrails put in place, to unlock the opportunity of the tech while not having us end up like 'Terminator 2.'"
Wilson Sonsini's Neuron platform, which blends automation and legal customization, launched a software update to streamline SAFE financings for emerging companies.
