CanaryInCoalMine

Professional anonymous network Reddit consists of informative, caring communities. So many of the subreddits call it as it is about what career paths are over as AI takes over - or soon will. For example, ones focused on freelance writing, graphic design and public relations warn that, with the exception of the strategists on top, that train has left the station. So, do a career shift. Yet, the Big Law subreddit primarily deals with the usual professional matters such as shaking loose more hours from seniors and partners, the tradeoffs in going in-house and conjuring up the stamina for all-nighters which happen too frequently. Not that the word isn't out there that Big Law and most of other parts of doing law are shrinking in demand for manpower and that chunks of the work are evolving into commodities. All because of AI, as well as cost-efficiency. Last March  Paul, Weiss  and this past December  Sullivan and Cromwell  projected that.  So, where is the car...

Bloomberg Law opens the new year circling back to what it sizes up as probably the biggest legal story of 2025. That is President Donald Trump's war on law firms via punitive Executive Orders and the firms' responses.  Of course, the firm targeted for the most criticism - Paul, Weiss - is prominently featured. Despite all its success on the business side with increases in revenue and Profit Per Equity Partner it hasn't been able to shake off its reputational challenges. So, the story spills over to 2026.  But as watchers watch this the growing question is: Has business been unbundled from what buzzes in public opinion? Overall, the public relations sector is getting hit by AI as much as sectors such as customer service, software development and writing. Along with that, the cost-efficiency movement has also triggered what the bible in the field - O'Dwyer's Public Relations - positions and packages as: "Glory Days for PR Come to an End" If the leaders at t...

  The headline in The Wall Street Journal roars: "Bankers Are Gearing Up for Another Onslaught of Monster Deals in 2026" 2025 was the year that dealmaking bounced back. The WSJ quantifies that: Last year there were 68 transactions valued at $10 billion or more, driving the average annual size of deals to a record $227 million. That's a sign that despite all the economic and business uncertainties, executives have regained confidence. They are ready to move forward in achieving strategies by cutting deals. Actually, there's that classic driver: FOMO, that is fear of missing out on opportunity. To manage those deals elite law firms have been ramping up their hiring of the powerhouse players in M&A and PE.  For example, Paul, Weiss  recently poached 20 partners from rival firms such as Kirkland & Ellis and Latham for M&A and PE practices in New York City and London. The two locations are Paul, Weiss' key profit centers. According to Dealroom the top 10...