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In this edition of the Priori Digest, a weekly look at what’s happening in law and technology, we look at whether the gig economy is affecting the labor market as much as previously thought, how women-run companies raise less money but earn more revenue and we answer your questions about the World Cup. Enjoy!
What we’re reading
- Women-owned companies raise less funding but generate more revenue
- June is an important month for the Supreme Court, as it looks to hand down a number of significant decisions
- New data from the Bureau of Labor Statistics suggests that perhaps the gig economy hasn’t transformed the job market like previously thought
- An Trotter, dear friend of Priori and Senior Director of Operations at the Office of the General Counsel at Hearst, was recently interviewed about her thoughts on the rise of, and current salient issues in, strategic legal operations
- Next year, for the first time, humans will spend more time using the internet than watching tv
What in the weird
- A city in northern China has introduced a special pedestrian lane on one of its roads, exclusively for slow walking “smartphone zombies”
- A New Jersey attorney was ordered to pay $103,000 after throwing a hot pasta on a woman during a restaurant fight
By the numbers
- 92: The percentage of startups that fail within three years. An interesting piece delves into 7 well-funded startups that didn’t make it and the crucial lessons that can be learned from each
- 9: Questions about the World Cup that you were too embarrassed to ask
- 190,000: A number of national law firms have boosted the starting salaries for first-year associates to $190,000