Silicon Valley law firm Cooley LLP is asking some incoming first years to start a year later in exchange for a $100,000 stipend, according to a report from Bloomberg Law. The deferrals, targeted at associates focusing on corporate clients, come amid a drought in initial public offerings and acquisitions, a driver of fees for big law firms. Cooley’s venture dealmaking in the first quarter of...
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Why the AI Race Is Getting Weird
There comes a point in every major new technology cycle where new alliances form, especially between the incumbents and the younger upstarts nipping at their heels.This is happening at superspeed in artificial intelligence—but the pattern is frankly pretty weird, and I think it points to the fact that AI, in a lot of ways, is going to be different from tech developments before it, like cloud...
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