For decades, lawyers who worked in BigLaw could expect some version of the following: Work long hours, including nights and weekends, with minimal free time, giving up almost all semblances of a social life. The reward: money and a potential partnership. And if you didn’t like it, there was the door. And if you were having mental health or wellness issues, then suck it up and deal with it.
Large language models such as ChatGPT are all the rage these days. A lot of commentators, legal professionals, lawyers and media outlets, including this podcast, have spent a lot of time examining this game-changing technology.
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There are plenty of judicial analytics and litigation prediction tools on the market. They may have differences in execution and focus, but the general rule of thumb is that they look at a judge’s past rulings and opinions to predict how that judge might rule on a similar motion or case in the future.
Many of us still get a chill running down our spines when we hear about bank failures and bailouts. After all, it was less than 15 years ago when we went through one of the worst economic disasters in history, and institutions such as Bear Stearns, Lehman Brothers Inc., American International Group Inc. and others became famous for the wrong reasons. The Great Recession took years to recover from, and some of its effects can still be felt to this day.