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'Lies for Money': Terraform Co-Founder Do Kwon Pleads Guilty

Tue, 2025-08-12 00:13

Do Hyeong Kwon pleaded guilty Tuesday to a conspiracy to defraud and wire fraud.

       

ALM's Law.com Scholar Releases AI Law Treatise

Mon, 2025-08-11 23:12

ALM teamed up with AI legal experts at McDermott Will & Schulte to create a comprehensive treatise on all things AI and the law, covering the gamut of legal areas that AI touches, from the history of AI to its impact on intellectual property, employment law, data privacy, ethics, contracts, torts, risk mitigation, as well as gather all of the U.S. federal and state laws on AI as well as international laws and industry standards in one place.

       

Ex-DOJ Appellate Counsel Named Interim U.S. Attorney in California's Eastern District

Mon, 2025-08-11 20:51

Eric Grant, a onetime partner at litigation firm Hicks Thomas, is a veteran of the previous Trump administration.

       

The Business of Law Thrives on Competition. But the Ultimate Casualty? Lawyers' Mental Health

Mon, 2025-08-11 20:29

The sudden passing of a Big Law partner in Hong Kong is serving as a stark reminder to legal industry professionals that they all have a part to play in preserving mental health. But how soon until we forget and move on in pursuit of the next big deal, the Asia Legal Briefing asks.

       

The Loneliness of Being the Only One Who's Changed

Mon, 2025-08-11 19:43

When you stop performing in a system that only rewards performance, it gets very quiet, says Julie Bonasso, a coach and attorney.

       

For Hopeful Supreme Court Litigants, It Helps to Have Friends—And Lots of Them

Mon, 2025-08-11 18:48

With the U.S. Supreme Court taking fewer cases, lawyers have increasingly turned to outside groups to help catch the attention of the justices and, just as importantly, their clerks.

       

Norton Rose Entangled in Litigation With Ex-Partner's Legal Tech Company

Mon, 2025-08-11 18:41

The company's co-founder, Daniel Farris, was Norton Rose's Chicago office partner-in-charge and is now at Foley & Lardner.

       

How This Australian Firm Plans to Win Work From Foreign Firms

Mon, 2025-08-11 18:21

Gadens leader Mark Pistilli, who has more than 30 years of experience working at law firms, says the key to Gadens' growth is its full-service offering and its independence.

       

As 1 Mining Deal Led to Another, This Mayer Brown Partner Carved Out a Booming Niche

Mon, 2025-08-11 18:12

Meaghan Connors, a Mayer Brown finance partner in Houston, fashioned a niche practice in critical minerals after focusing on the ways the Inflation Reduction Act of 2022 would impact the mining industry.

       

Anthropic's Request to Pause Federal Copyright Case Pending AppealIs Rejected

Mon, 2025-08-11 18:04

District Judge William Alsup said the schedule for a Dec. 1 trial start remains on track and that, while a jury may end up vindicating the AI company, “if Anthropic loses big it will be because what it did wrong was also big.

       

Alignment on Rates, Single-Tier Partnership Helped Make Taft the Right Merger Partner for Morris Manning

Mon, 2025-08-11 16:22

The two firms are set to merge to create a 1,200-lawyer entity approaching $1 billion in revenue by Dec. 31. Morris Manning managing partner Simon Malko shared why the deal made sense.

       

'Wrong Court:' Texas Dems Resist Quorum Lawsuit

Mon, 2025-08-11 16:08

Texas Gov. Greg Abbott and Attorney General Ken Paxton have filed lawsuits seeking to remove twelve Democratic state lawmakers from office for breaking quorum by fleeing the state during a special legislative session focused on congressional redistricting.

       

State AGs Implore Congress to Give Banks Green Light to Work With Cannabis Industry

Mon, 2025-08-11 15:58

Many cannabis businesses are cash-only, a restriction that limits their growth and prevents banks from building relationships in the growing industry.

       

Circuit Split Widens on Judicial Approach to Sending FLSA Collective Action Notices

Mon, 2025-08-11 15:02

“The [Seventh Circuit's] holding is going to reverberate and have a huge impact on wage and hour litigation throughout the United States, said Gerald Maatman, chair of Duane Morris' class action defense group.

       

FTX Investors Target Fenwick & West as Sole Law Firm MDL Defendant

Mon, 2025-08-11 11:33

Investors in the collapsed cryptocurrency exchange FTX have narrowed their legal claims to target a single law firm: Fenwick & West.

       

How I Founded a Law Firm: 'Act Like an Owner Before You Are One,' Says Michael Forde of Forde & O'Meara

Mon, 2025-08-11 10:59

"Act like an owner before you are one. Learn the business side of the firm—billing, staffing, client development. And don't wait for someone to hand you a title. Leadership is often about mindset and initiative more than anything else. That same mindset is what created our firm—we saw an opportunity to do things differently in commercial litigation, real estate, and government affairs, and we built a firm to deliver top-tier work without the red tape."

       

Managing Antsy Clients Who Think They Can Cut the Line in Trump's DOJ

Mon, 2025-08-11 10:05

Clients are asking their lawyers or others with connections to skip the line of the normal DOJ chain of command—“process in the parlance of prosecutors and white collar defense lawyers. Prosecutors, defense lawyers and legal ethics experts weigh in.

       

Big Law Heading Into 'Darker Skies' Amid Growing Costs, Lower Collections

Mon, 2025-08-11 04:59

The legal industry may just be in the “eye of the storm, with costs still rising quickly and clients potentially becoming more cautious with their payments, a new report said.

       

Has President Trump Filed His Last Executive Order Against Law Firms?

Mon, 2025-08-11 00:42

The Trump administration indicated in a recent court pleading that President Donald Trump might not file additional executive orders against law firms that call for things such as suspending security clearances for lawyers or restricting their access to federal buildings.

       

'There Is No 'There' There:' Judge Won't Unseal Grand Jury Docs in Ghislaine Maxwell Case

Mon, 2025-08-11 00:34

U.S. District Judge Paul Engelmayer said that his review of the documents showed that they contained “garden-variety testimony from law enforcement agents that was already known to the public—not the type of information justifying taking the “extraordinary step of revealing grand jury materials. “[The U.S. Department of Justice's] entire premise—that the Maxwell grand jury materials would bring to light meaningful new information about Epstein's and Maxwell's crimes, or the Government's investigation into them—is demonstrably false, Engelmayer said.

       

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