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Visa, Mastercard Again Try to End Merchant Swipe Fees Suit

Mon, 2025-11-10 16:57

If approved, the settlement calls for Visa and Mastercard to reduce their swipe fees by 0.1% for five years. But trade groups have already come out against the deal, arguing the proposed changes are insubstantial.

       

Judge Awards $335K Attorney Fees for Third Violation in Restaurant Trademark Feud

Mon, 2025-11-10 16:55

"In connection to our investigation, [we've never] seen an instance where there had been a violation of an injunction, by the same party, three times," plaintiff's counsel Joel MacMull of Mandelbaum Barrett told the New York Law Journal.

       

Am Law 50 Revenue Up 12% Through Q3, As More Law Firms Seek Scale Amid Rising Costs

Mon, 2025-11-10 16:49

Citi's Q3 report was the latest indication that law firms will likely have a stellar 2025 financial year. But rising expenses may dampen the profit picture, while firms are seeking to scale up through mergers.

       

Trump 2.0 Judicial Picks: More of the Same or Cut From a (Slightly) Different Cloth?

Mon, 2025-11-10 16:45

Court watchers say most of President Donald Trump's judicial selections thus far have credentials in line with his first-term nominees—involvement with the conservative Federalist Society and prestigious clerkships with Republican-appointed U.S. Supreme Court justices.

       

Read the Filing: DOJ Seeks to File Amicus in NY Trump Criminal Appeal

Mon, 2025-11-10 16:14

Prosecutors with the U.S. Department of Justice wrote that the United States has a substantial interest in protecting the power of the Office of the President.

       

Big Tech's Courting of Trump May Take Toll on Economy

Mon, 2025-11-10 15:15

"What I would love to see is some major company just saying, 'No, we're not caving on something. We are willing to go to court and follow through on that,'" said Daniel Farber, a Berkeley Law professor.

       

Live from GCC East with Molly McPherson

Mon, 2025-11-10 15:02

Molly McPherson joins Legal Speak co-host Patrick Smith during the General Counsel Conference East in New York.

       

Failed Deal Denies Core Scientific CLO Record-Setting Golden Parachute

Mon, 2025-11-10 14:06

Todd DuChene had been poised to obliterate the current record, held by former Splunk legal chief Scott Morgan.

       

4-Day Attendance Requirements Remain Unpopular Outside the Am Law 50. Will That Change in 2026?

Mon, 2025-11-10 13:59

Lower-ranked firms continue to use hybrid work flexibility as a recruiting tool, but some firms that want more attendance may not have the leverage to demand it.

       

The Shortcomings of the Copyright Office's Guidance for AI-Assisted Works

Mon, 2025-11-10 13:51

AI-assisted artwork poses a simple question: When can an artist using AI tools copyright their work? Early this year, the Copyright Office addressed this issue and rejected the proposition that only prompting an AI model can create a copyrightable work. But their analysis missed that “randomness for a computer means something entirely different than we generally think, ultimately underselling the amount of control someone can have over the model's output.

       

Top Kraken Executive Alleges She Was Fired for Being Pregnant

Mon, 2025-11-10 13:38

“[C]rypto firms don't always make the smartest move in these situations; too often, they lack the structures and business experience required to police pregnancy discrimination in the workplace, said Ann Olivarius, a senior partner at McAllister Olivarius who is not involved in the matter.

       

Building Real Client Value through AI-Powered Collaboration

Mon, 2025-11-10 13:07

This webcast explores how AI-powered collaboration is helping law firms overcome fragmented systems, enhance client engagement, and scale expertise—while maintaining security, compliance, and quality.

       

State Legislatures Take on FARA with New FARA-Style Bills

Mon, 2025-11-10 10:01

This year has seen a wave of proposed bills in state legislatures across the United States aimed at regulating foreign-influenced political activity at the state level. While stylized to mirror portions of the Foreign Agents Registration Act (FARA), in reality, many of these laws are broader than FARA and lack the core exemptions that companies may have grown accustomed to relying upon.

       

Supreme Court Won't Reconsider Same-Sex Marriage

Mon, 2025-11-10 10:00
The U.S. Supreme Court on Monday turned down a petition to reconsider its landmark Obergefell ruling from ex-Kentucky clerk Kim Davis, who made national news for refusing to issue same-sex marriage certificates.        

Origination Credits Get Center Stage in Big Law Comp Systems

Mon, 2025-11-10 05:59

Calculating and allocating origination credit within firms is more complicated because there's “immense consolidation of talent among top firms, especially in private equity, noted one recruiter.

       

Law Firms 'Set to Deliver Double-Digit Profit Growth' in 2025

Mon, 2025-11-10 04:59

A sharp spike in demand helped law firms rise to “new heights during the third quarter, even as expenses continued to climb, according to a new report.

       

How I Made Practice Group Chair: 'Don't Hesitate to Step Up and Embrace the Challenge,' Says Danielle Tully of Cadwalader

Sun, 2025-11-09 22:59

"My advice: don't hesitate to step up and embrace the challenge. Leadership is built on embracing balance, adaptability and the willingness to voice your ideas, especially when you're not sure they'll be accepted. For women and diverse attorneys, balancing career, family and firm expectations can feel daunting, but those experiences also provide unique insights and strengths. Rely on your support system and don't be afraid to ask for help; great leadership is about empowering your team and sharing responsibility."

       

Big Law's Retreat Is Wider Than You Think

Sun, 2025-11-09 15:00

What do Cadwalader, Alston & Bird, Kirkland, Paul Weiss, Freshfields and most of Big Law have in common? They're not putting much focus beyond the U.S. and U.K., writes the Global Lawyer.

       

Paul Weiss's Brad Karp Faces Protest, Heckling When Addressing Trump Deal at NY Bar Foundation Event

Sat, 2025-11-08 12:38

“This has been an incredibly painful and difficult year for our firm and for me, personally, the most challenging year in my life, Paul Weiss managing partner Brad Karp said during his keynote speech.

       

Mistrial Declared in $25M Crypto Trial of MIT-Educated Brothers

Fri, 2025-11-07 19:54

U.S. District Judge Jessica Clarke of the Southern District of New York sent the jurors home after they delivered a note stating they wished to be adjourned after three days of deliberating the fates of Anton and James Peraire-Bueno. Despite many sleepless nights and a session where half of the jury broke down crying, they "are not making any progress," said the note, which was signed by all members of the 12-person jury.

       

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