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Montana's Meta Suit Added to Federal Litigation Alleging Social Media is 'Unsafe and Addictive' to Youth

Tue, 2024-02-13 22:32

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be first to know about new suits in your region, practice area or client sector.

       

Flight to Quality Under Way in Selection of Arbitral Institutions

Tue, 2024-02-13 20:27

Gary Born, chair of the international arbitration practice group at Wilmer Cutler Pickering Hale and Dorr, discusses the development of the Middle East as an arbitration hub, how the region sets standards in commercial arbitration, and why state-to-state proceedings could be effective even in the most intractable cases.

       

'Take the Ego Out of It': Why a CLO Made Finding His Successor a Multiyear Process

Tue, 2024-02-13 15:23

"In our case, a Fortune 500 CLO was not what we needed. Somebody who had been part of a large legal department was not what we needed," said Richard Parr, a senior adviser at TAG.

       

SEC Chair Gensler Warns About Centralization of AI in Financial Sector

Tue, 2024-02-13 15:18

"This is a new tool for bad actors to do bad things to the American public," Gary Gensler said.

       

Online Retailers Frustrated That FTC Fake-Review Ban Would Give Tech Giants a Pass

Tue, 2024-02-13 14:15

Hindering the agency's efforts to crack down on shady reviews is Section 230 of the Communications Decency Act of 1996, which provides online platform with immunity to claims stemming from third-party content.

       

A Win or a Loss? Analyzing Jury Fault Percentages

Tue, 2024-02-13 13:50

"They were one of the most attentive juries that I've had," plaintiffs attorney Alfred R. Bell, Steinger, Greene & Feiner.

       

AI and Hospitality: Transforming Law Firm Workplaces for the Future

Tue, 2024-02-13 09:46

As the world ushers in a new era post-pandemic of hybrid operations, it's really no surprise that workplace experience is a top, strategic lever law firm leaders are driving in conjunction with re-envisioning the space their professionals are occupying.

       

Shein's Owner Accuses Unidentified Online Retailers of Copyright Infringement

Tue, 2024-02-13 09:36

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts.

       

10th Circuit Rejects Request to Vacate $13.5M Stipulated Judgment With FTC Notwithstanding Change in Law

Tue, 2024-02-13 08:27

Despite the U.S. Supreme Court's decision in AMG Capital Management v. Federal Trade Commission, 593 U.S. 67 (2021), holding that Section 13(b) of the Federal Trade Commission Act does not allow for equitable monetary relief, the U.S. Court of Appeals for the Tenth Circuit affirmed the rejection of a Rule 60(b)(6) motion to vacate a stipulated judgment for payment of equitable monetary relief that was entered before the AMG decision was issued.

       

Impressive Gains at Quinn Emanuel, Hogan Lovells, Milbank Suggest a Healthy 2023 for Am Law 100

Mon, 2024-02-12 23:01

"It's interesting to me that those in the top 50 did even better than those in the next 50," said Marci Taylor, a law firm strategy consultant and founder of Mantra Partner, in regard to early reports.

       

Wisner Baum Roiled After Roundup MDL Leadership Firms Seek 81% of Fees

Mon, 2024-02-12 17:19

At least five plaintiffs' firms, including Wisner Baum, which won verdicts of $289 million and $2 billion in 2018 and 2019, are objecting to the allocation of common benefit fees in the Roundup multidistrict litigation.

       

Could the E-Discovery Job Market Undergo a 'Great Recalibration' in 2024?

Mon, 2024-02-12 15:45

Though many e-discovery professionals sought to brand themselves as "AI experts" in 2023, it hasn't yet translated into a growing demand for external, artificial intelligence-specific e-discovery roles, according to TRU Staffing Partners' 2024 e-discovery jobs report. However, that may soon change.

       

How 2 Female Colleagues Found 'Magic' by Forging a Partnership

Mon, 2024-02-12 12:30

"We've both had to be stronger in our roles, more diligent, kind of better than our peer competitors, to rise up," said Cara Bain, a Major, Lindsey & Africa in-house recruiter.

       

NLRB GC Aims to Topple Company Bans on Moonlighting, Second Jobs

Mon, 2024-02-12 10:49

"The NLRB continues to limit an employer's right to manage its workforce. All employer-employee communications are on the table and should be evaluated for overbreadth," Miles and Stockbridge counsel Rebecca Leaf wrote in a note to clients.

       

Artificial Intelligence: The New Weapon of Insider Threats

Mon, 2024-02-12 09:18

With all of its promise for increased efficiency and technological innovation, artificial intelligence must also be recognized as an evolving weapon to malicious insiders for AI-assisted fraud schemes.

       

Hogan Lovells Hires 23 M&A Lawyers From Orrick in Italy

Mon, 2024-02-12 06:20

Orrick said the departures are part of the firm's strategy to provide sector-specific advice, and include another exit to BonelliErede.

       

GCs Face Daunting Emerging Risk, Fanned by Global Economic Pessimism and Social Media Algorithms

Mon, 2024-02-12 04:14

As the public's trust in civic institutions declines, "individuals often seek out non-mainstream information sources that align with preexisting beliefs," the consulting firm Gartner said in a report.

       

To Implement Gen AI, Lawyers and Large Language Models Go Back to School

Mon, 2024-02-12 04:00

Law firms are training attorneys on prompt engineering and feeding data into LLMs to get both parties acquainted with each other.

       

Aggressive Rate Hikes, Head Count Management Helped Am Law 50 Squeeze Profits From Sluggish Demand in Q4

Mon, 2024-02-12 04:00

The Am Law 50 finished the fourth quarter with nearly 8% more fees worked than Q4 2022 despite a decline in demand, according to a new Thomson Reuters report.

       

AccessLex Grant Program Keeps Focus on Race, Ethnicity Despite Affirmative Action Ruling

Mon, 2024-02-12 04:00

AccessLex is not shying away from including, "racial" and "ethnic" in its description because of recent Supreme Court rulings. According to Aaron Taylor, executive director of the AccessLex Institute, "They neither endorsed them nor forbid them."

       

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