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Government Lawyers, Particularly at DOJ, Are 'Flooding' the Job Market

Wed, 2024-04-03 17:15

Some law firms are reportedly "receiving five to six resumes a day from DOJ candidates," noted Dan Binstock, a partner at D.C.-headquartered search firm Garrison.

       

Brothers Plead Guilty to Securities Fraud Involving Proposed 2021 Trump SPAC Merger

Wed, 2024-04-03 17:03

Each pleaded guilty to one count of securities fraud. The remaining defendant in the case, former DWAC board member Bruce Garelick, has pleaded not guilty to securities fraud charges.

       

Exclusive: Meta Transfers Batch of AI-Related Patents to Research Lab

Wed, 2024-04-03 16:49

"Sharing these assets makes our ecosystem stronger by allowing other operating companies to acquire patents that they can use to protect their innovation," said Jeremiah Chan, Meta's head of patents, licensing and open source.

       

SEC Enforcement Chief Defends Crypto Actions as 'Consistent,' 'Principled'

Wed, 2024-04-03 16:33

"[E]very lawyer here knows what the test is to determine whether a crypto asset was offered and sold as an investment contract, and therefore a security: It's the Howey test," said Gurbir Grewal.

       

Excessive Workloads Are Boosting In-House Turnover, Creating 'Snowball Effect'

Wed, 2024-04-03 16:17

"As more people leave, there's more work to do, causing more people to leave. It's a potentially vicious cycle that can, ultimately, spin out of control," said a report from Axiom and Wakefield Research.

       

Revenue, Profits Slip at Baker Botts as Firm Invests in Hiring, Singapore Office

Wed, 2024-04-03 15:53

Managing partner Danny David, who took on the managing partner role on Aug. 1, said 2023 was a year of investments and focus on adding strength to strength.

       

Paul Weiss Plans Brussels Launch With Simpson Antitrust Partner

Wed, 2024-04-03 15:34

Brad Karp confirmed that having a "strong presence in Brussels" was a "strategic imperative" as the firm works on cross-border M&A work and consequential client matters.

       

Tips On Avoiding Deep Fake Scam Risks

Wed, 2024-04-03 14:51

Cyber attacks on executives have been steadily growing more sophisticated and costly, most recently imploring deep fake techniques. Here are some tips to avoid suffering losses from deep fake scams.

       

Dean Danielle Conway Encourages Women Leaders: 'Do Not Change Who You Are'

Wed, 2024-04-03 14:32

"It is definitely a challenge for women leaders because we often second guess ourselves," said Danielle Conway, dean of Penn State Dickinson Law, adding, "What I took from that experience was do not discount how you are observing and experiencing a situation."

       

Half a Million Dollars? Attorney Fees Adding Up in 'Tiger King' Saga

Wed, 2024-04-03 13:20

Attorney John Michael Phillips described the legal fees in the case as extensive. "It probably sits at between $300,000 and $500,000 right now," he said.

       

How I Made Practice Group Chair: 'Leave the Firm in a Better Place Than You Found It,' Says Steve Vazquez of Foley & Lardner

Wed, 2024-04-03 11:00

Steve Vazquez, Chair of the Business Law Department at Foley & Lardner Law School Graduation Year: 1993 The following has been edited for style. How

       

It Takes All of Us: Participate in This Year's Mental Health Survey

Wed, 2024-04-03 11:00

Our Survey on Mental Health in the Legal Industry is open, and we need to hear from you—lawyers and all professionals in the legal world.

       

Winston & Strawn Launches Winston Legal Solutions, a Tech-Powered, Right-Staffing Venture for Low-Complexity Work

Wed, 2024-04-03 09:38

Winston Legal Solutions aims to address client cost concerns by providing an alternative to the outsourced legal provider marketplace that combines firm-trained attorneys, established processes, advanced technology and generative AI tools.

       

'How Can It Be Enough?': Thousands Have Agreed to the Risperdal Settlement. A Few Holdouts Remain

Wed, 2024-04-03 09:00

According to attorneys leading the litigation, more than 5,600 have agreed to the settlement, which is about 94% of the potential 6,000 claims for the bulk settlement. The lawyers said 99.9% of claimants have chosen to accept their settlement offers.

       

Wilmer Joins Kirkland, Sidley in Racking Up 8-Figure Fees From a Single Client

Wed, 2024-04-03 08:22

SEC disclosure rules forced Meta to throw the spotlight on what it paid Wilmer. The same rules led Blackstone to reveal what it paid Kirkland, and TDS to disclose what it paid Sidley.

       

Meet Law.com's New Editor in Chief

Tue, 2024-04-02 21:42

"One of the aspects of this new role that I'm most excited about is getting to meet even more litigators and legal professionals from around the country, but I think it's only fair I share a few things about myself first."

       

Wachtell, Goodwin Top Q1 League Tables as Global M&A Value Jumps 38%

Tue, 2024-04-02 19:55

While the value of global M&A announced during Q1 was up significantly, the number of deals declined by 31% when compared with the same period a year ago.

       

9th Circuit Weighs if Mandatory Bar Membership Violates 1st Amendment

Tue, 2024-04-02 18:18

"Is there anything that the Oregon State Bar president can say publicly as the president of the Oregon State Bar with a mandatory membership that you think would not be (constitutionally) problematic?" Judge John Owens asked.

       

Law Firms Swarm AT&T With Data Breach Class Actions

Tue, 2024-04-02 18:14

On March 17, another cybercrime actor known as MajorNelson posted on an internet forum the entire dataset of the stolen database from the 2021 data incident, the "Dean v. AT&T" complaint states.

       

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