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Updated: 1 hour 51 min ago

Revenue Flattens at Dechert, But Firm Sees 'Turnaround' in Interest Rate-Sensitive Practices

Fri, 2024-03-29 16:36

"The last three years, when you look at them as a whole, were the best three years we've ever had," said co-chair David Forti.

       

With Merger Near, A&O and Shearman Retain McKinsey, KPMG

Fri, 2024-03-29 14:54

The firms said they turned to the business consultants for advice ranging "from operational integration through to ways of working."

       

Kirkland & Ellis Hired for Big Pharma Antitrust Suit

Fri, 2024-03-29 14:47

A 2020 verdict allowed Teva and other companies to produce generic versions of Vascepa. But Teva allegedly had to scale back its launch because of an inability to obtain the key ingredient, the suit said.

       

What Becomes of Laid-Off (and Retooled) Associates?

Fri, 2024-03-29 14:39

"I encouraged those coming up to focus on building grit as part of their toolboxes. ... Associates in 2024 are being called upon to demonstrate that grit from the jump," writes Kate Reder Sheikh.

       

Cozen O'Connor Files Trademark Suit Against Goop's Sexual Health Product 'Good. Clean. Goop.'

Fri, 2024-03-29 14:31

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 among the first to know about new suits in your region, practice area or client sector.

       

Laggards or Vanguards: Are US, EU Attorneys Approaching AI the Same Way?

Fri, 2024-03-29 14:00

The U.S.' lead with generative AI models and the EU's broad regulation of the technology may eventually set the stage for two potentially different AI markets.

       

Health Care Providers Ask Judge for Software Connection Date After Change Health Allegedly Fails to Meet Promises

Fri, 2024-03-29 13:27

The plaintiffs allege that Change Health said that "'electronic payment functionality will be available for connection beginning March 15,'" and that they would "'reestablish connectivity to [their] claims network and software on March 18, restoring service through the week.'" However, those promises have gone unfulfilled, according to the plaintiffs.

       

$28.5M Proposed Walden University Settlement May Also Recognize 'Reverse Redlining' in Higher Education

Fri, 2024-03-29 11:40

It's one of the first times a theory of reverse redlining, an illegal and discriminatory practice of targeting a particular neighborhood or group for credit on unfair terms, has been put to the test in the educational sector, Lila Miller of Relman Colfax told Law.com. Typically, reverse redlining is often seen in connection with home mortgages or with car loans.

       

Inside Track: Boeing CLO's Grip on Job Seems More Tenuous by the Day

Fri, 2024-03-29 11:32

"Brett Gerry is an impressive man, with a gold plated resume. He is going to need it. He has the toughest repair job in the entire legal industry right now," legal department consultant Jason Winmill said.

       

How I Made It to Law Firm Leadership: 'Focus on the Business of the Firm,' Says Sally Rogers Culley of RumbergerKirk

Fri, 2024-03-29 11:00

"Focus on the business of the firm, learn its work and the personalities of those that are doing the work."

       

Are More Jurors Just Defending Their Beliefs, Not Deliberating? 'As a Trial Lawyer, That Worries You'

Fri, 2024-03-29 07:00

Lawyers in high-profile trials have noticed more jurors in the deliberations holding steadfast to their beliefs, regardless of the evidence. That's causing mistrials, like the one this month involving Johnson & Johnson in a Florida talc trial.

       

Feds Jump Into Algorithmic Pricing Suit, Say Collusion Can Occur Without Humans Uttering a Word

Fri, 2024-03-29 06:23

The Department of Justice and Federal Trade Commission are worried that the growing use of algorithms is making price fixing increasingly difficult to detect—and that the use of AI to create ever-more-sophisticated algorithms will exacerbate that challenge.

       

About the Awards: New York Legal Awards Q&A

Fri, 2024-03-29 06:00

Join us for a Q&A on the New York Legal Awards on Tuesday, April 2 at 4:00pm EST

       

Building on 7% Revenue Rise in 2023, Frost Brown Todd Looks to Enter New Markets, Add to Head Count

Fri, 2024-03-29 00:27

"We had another very good year, particularly given the sort of uncertainties around the economic environment," chairman Robert Sartin said in an interview.

       

Dean Developments: Former Memphis Mayor Becomes Dean, Columbia Law Receives $5M

Fri, 2024-03-29 00:17

The latest in law dean and other legal education news from across the U.S.

       

Treasury Warns of AI's Threat to Financial Sector, Says Cyberattackers 'Outpacing' Defenses

Thu, 2024-03-28 19:30

"As access to advanced AI tools becomes more widespread, it is likely that, at least initially, cyberthreat actors utilizing emerging AI tools will have the advantage," the department reported.

       

'Came Back to Haunt Him': White-Collar Lawyers Address Bankman-Fried's 25-Year Sentence

Thu, 2024-03-28 19:05

U.S. District Judge Lewis Kaplan noted the ex-crypto entrepreneur's "exceptonally privileged background" in meting out his sentence.

       

A Vendor Cyberattack Can Cost Law Firms Substantial Amounts—And the Risks Are Growing

Thu, 2024-03-28 18:59

Vendor supply chains are some of the biggest cybersecurity risks for law firms, and are all too often neglected.

       

Chinese Investments Pick Up in Brazil, Stoking Work for Lawyers

Thu, 2024-03-28 18:06

With warmer diplomatic relations post-pandemic, China is poised to plow even more capital into its top destination for investment in Latin America.

       

4 Canadian School Boards Sue Social Media Giants for $4.55 Billion in Damages

Thu, 2024-03-28 17:28

Lawsuits claim addictiveness of platforms like Instagram and Tik Tok have 'rewired' the way kids think causing massive strains on educators. Similar lawsuits have been filed in the U.S.

       

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