Multi-billion-dollar law firm Latham launches $1m AI bonus pot

Legal giant Latham & Watkins, which generated $8.3bn (£6.3bn) last year, has launched a $1m (£760,000) programme to encourage associates to use AI. The law firm said the financial rewards, which represent one per cent of the firm’s global revenue, will be awarded “to recognise associates who lead or materially contribute to AI initiatives that [...]