As law firms grapple with how to apply increasingly powerful artificial intelligence tools to their work, Ropes & Gray is betting a slice of its potential revenues on a new initiative to build its lawyers' skills with the technology. Starting now, the firm said its first-year associates can devote nearly 400 hours of their annual billing requirements to experimenting with AI instead of charging time to clients.
The Boston-founded global firm wants to enable early-career lawyers "to see the importance of this transformative technology, and also to empower them to have the time to spend to learn the tools," said Jane Rogers, a finance partner and member of the firm's management committee.
The latest Billable Hours also includes details of a plaintiffs' firm’s lead counsel appointment in a case after a fight over press releases, and the 6th Circuit’s dismissal of challenges to a $600 million settlement over the East Palestine, Ohio train derailment. Read more here.