To reward high performers, Osborne Clarke LLP has handed a 5% bonus to its UK employees following a significant increase in revenue and profits. The law firm plans additional rewards later this year.
Aspiring lawyers may not need to worry about having AI skills just yet, as only 2% of law firms and in-house teams require their new lawyers to have AI skills , according to Thomson Reuters Institute’s latest report on AI. However, as the use of generative AI continues to grow, it’s expected to become increasingly common for employers in the legal sector to hire candidates with AI familiarity and skills.