Latham & Watkins devotes $1M to AI program for associates
Latham & Watkins is introducing a new program to reward its associates, setting aside $1 million for those who lead or contribute to artificial intelligence initiatives for the law firm and its clients in 2027. (Photo by J Studios/Getty Images)
Latham & Watkins is introducing a new program to reward its associates, setting aside $1 million for those who lead or contribute to artificial intelligence initiatives for the law firm and its clients in 2027.
All associates are eligible for the awards, which will be allocated after a nomination and review process in the spring, according to Reuters. The firm has said awards will be “based on the significance, impact and scalability of each contribution.”
Other firms also have launched programs around AI in recent months.
Ropes & Gray is now allowing its more than 1,000 associates and counsels to credit 100 hours of AI experimentation and training toward their required billable hours, Reuters previously reported. Last year, the firm announced that its first-year associates could devote up to 20% of their billable hours to AI testing.
Meanwhile, Kirkland & Ellis reportedly has said it will devote $500 million of its revenue to a custom AI platform over the next several years.
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