Articles

Algorithmic accountability: AI-X team at Faegre Drinker providing legal guidance in new area of law

Scott Kosnoff and his Faegre Drinker Biddle & Reath colleague Bennett Borden in Washington, D.C., are co-leading a new initiative at the firm to guide and counsel businesses that use algorithms to enhance their operations or market their products. Dubbed the Artificial Intelligence and Algorithmic Decision-Making Team, or AI-X for short, the new group is bringing data scientists from Faegre Drinker’s wholly-owned consulting subsidiary, Tritura, together with the firm’s attorneys from different practice areas.

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Finding the right fit: New lawyers rejecting long hours, big salaries in favor of work-life balance

In 2021, the hiring of lateral associates skyrocketed 148.5%, the largest year-over-year increase recorded, according to NALP. Likewise, Thomson Reuters warned that by November 2021, law firms were “edging dangerously close” to seeing almost a quarter of their associates leave. However, while firms have raised associate compensation to lure talent, many new lawyers are not as interested in big salaries as previous generations of new attorneys.

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Sims: What I wish I had known as a new lawyer

The last two years have proven to be a unique challenge for the legal profession, especially young lawyers. It was an arduous time to learn the ins and outs of practicing law, but due to the flexibility and success of remote work, it appears at least some aspects of virtual meetings and events are here to stay.

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