Rainmaking Partners Embrace Forgivable Loans as Key Retention Tool Amidst Lateral Market Competition

New York City, NY – In today’s competitive legal market, law firms are resorting to forgivable loans as a retention strategy for their rainmaking partners. The use of such loans has gained prominence as firms aim to keep their top talent amidst the constant barrage of tempting offers from higher-paying competitors. Shearman & Sterling, a prominent global law firm, recently employed forgivable loans as a tool for partner retention during its negotiations with Allen & Overy. The firm utilized these loans to incentivize partners in key practice areas to remain with the firm, as per … Read more

Ethiopian Government Uses State of Emergency as a Tool for Silencing Dissent and Violating Human Rights, says Amnesty International

Addis Ababa, Ethiopia – The Ethiopian government has come under fire for using the state of emergency as a means to suppress dissent and silence opposition voices. Amnesty International has accused authorities of arbitrarily detaining politicians critical of the government and journalists, while also highlighting the lack of transparency and violation of basic rights. The state of emergency was initially implemented in August 2023 amidst escalating violence in the Amhara region between government forces and the Fano militia. The emergency measures granted authorities broad powers, including the ability to arrest suspects without a court warrant, … Read more

Class Action Lawsuit Against Estee Lauder’s Virtual “Try-On” Tool Dismissed, Raises Questions on Biometric Privacy Protection

Chicago, Illinois – A proposed class action lawsuit against Estee Lauder, accusing the beauty company of violating Illinois’ biometric privacy law with its virtual “try-on” tool, has been dismissed by U.S. District Judge Lindsay Jenkins. The lawsuit alleged that Estee Lauder, along with its subsidiary brands like Bobbi Brown, Smashbox, and Too Faced, collected facial scans without obtaining proper consent. The legal action also involved Perfect Corp, the Taiwanese company responsible for developing the technology behind the virtual try-on tool. Judge Jenkins ruled that the plaintiffs failed to provide evidence that Estee Lauder could link … Read more

England’s Legal System Embraces Artificial Intelligence as a Tool for Judges but Proceeds with Caution

LONDON (AP) — The English legal system, steeped in centuries-old traditions like wearing wigs and robes, has cautiously embraced artificial intelligence (AI) as judges are now allowed to use the technology to assist in producing rulings. The Courts and Tribunals Judiciary recently announced that AI can be used for writing opinions, although it is not recommended for research or legal analysis due to its potential for providing inaccurate, misleading, and biased information. England and Wales are among the first to provide guidance on AI’s use in courts, signaling a proactive step in an industry that … Read more