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Updated: 2 hours 44 min ago

Trump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work

Fri, 2024-11-22 15:42

"We are starting to see firms focus on capital markets associate hiring in anticipation of increased debt and equity offerings in a decreased SEC regulatory environment," said Lateral Link Managing Director Jesse Hyde.

       

Texas Court Invalidates SEC's Dealer Rule, Siding with Crypto Advocates

Fri, 2024-11-22 15:25

“This decision affirms the importance of applying legal frameworks as intended and avoiding the temptation to force novel technologies into ill-fitting regulatory categories, said Tonya M. Evans, a tenured professor at Penn State Dickinson Law whose research includes digital assets.

       

Manufacturer Must Provide Details Surrounding Expert's Livestreamed Inspection, Fed Court Rules

Fri, 2024-11-22 15:20

The court ordered a machine manufacturer to provide a more detailed privilege log regarding items obtained during an inspection of a machine that caused the plaintiff's husband's death.

       

Phila. Med Mal Lawyers In for Busy Year as Court Adjusts for Filing Boom

Fri, 2024-11-22 14:45

“Despite the increased inventory, we want to keep it current," Administrative Judge Daniel Anders said, "and to do that we're going to have to increase the number of pretrials and trials scheduled.

       

Bonus Parade Continues, With Additional Firms Matching Milbank

Fri, 2024-11-22 14:34

While firms didn't rush to match Milbank's special bonuses in August, Cleary, Davis Polk, Weil, Skadden Arps, Cadwalader, and O'Melveny are the latest to join the ranks of those matching Milbank's summer and end-of-year bonus schedule.

       

Contract Software Unicorn Ironclad Hires Former Pinterest Lawyer as GC

Fri, 2024-11-22 14:06

Prior to her two years at Binti, Singh spent six months at Patreon, as deputy general counsel. She served as assistant general counsel of Pinterest from 2018 to 2022.

       

European, US Litigation Funding Experts Look for Commonalities at NYU Event

Fri, 2024-11-22 13:58

"We do not think or do not deem it necessary that the agreement itself should be disclosed," said Susanne Augenhofer, a professor at the Austrian-based University of Innsbruck and visiting professor at Yale Law School. "Yes to disclosure, but only to the identity of the funder and the fact that a third-party funder is involved."

       

UPS Agrees to $45M Settlement With SEC Over Valuation Claim

Fri, 2024-11-22 13:43

The U.S. Securities and Exchange Commission accused the shipping company of failing to follow generally accepted accounting principles and “materially misrepresenting its earnings while valuing its freight business in preparation for a sale.

       

Auditor Finds 'Significant Deficiency' in FTC Accounting to Tune of $7M

Fri, 2024-11-22 12:33

"Internal control related to the preparation and review of the financial statements and footnotes was not properly designed and implemented to prevent, detect or correct errors and omissions," wrote Allmond & Co., a Lanham, Maryland-based accounting firm.

       

'A Mockery' of Deposition Rules: Walgreens Wins Sanctions Dispute Over Corporate Witness Allegedly Unfamiliar With Company

Fri, 2024-11-22 12:27

"Zeikos's counsel made roughly 300 objections during Mr. Goldstein's deposition. ... The objections' numerosity alone might be enough to be considered obstructionist, but upon review of them in the full context of the deposition, the court notes it would fail to sustain about 90% of them," wrote U.S. District Magistrate Judge Keri L. Holleb Hotaling in a business dispute against Walgreens.

       

Call for Nominations: TLI's Pennsylvania Legal Awards 2025

Fri, 2024-11-22 12:23

We're honoring law firms of all sizes this year in our Pennsylvania Litigation Departments of the Year contest.

       

Florida-Based Law Firms Start to Lag, As New York Takes a Bigger Piece of Deals

Fri, 2024-11-22 12:12

Sunshine State firms have been having a harder time keeping up with their competitors to the north, after an interval where they were outpacing these rivals, according to a Wells Fargo legal market survey.

       

Supreme Court Drops Facebook's Appeal in Securities Case as 'Improvidently Granted'

Fri, 2024-11-22 12:11

The unexplained dismissal followed a hearing during which the justices struggled to determine when a company must disclose that a future risk to its business has occurred in the past.

       

Samsung Flooded With Galaxy Product Patent Lawsuits in Texas Federal Court

Fri, 2024-11-22 10:20

Samsung has seen a wave of patent litigation targeting its Galaxy devices in Texas in mid-November. At least four companies sued the South Korean electronics titan last week for allegedly infringing on their technology to use in its smartphones, tablets and watches.

       

Pa. Judicial Nominee Advances While Trump Demands GOP Unity Against Biden Picks

Fri, 2024-11-22 09:33

The Senate Judiciary Committee on Thursday voted 11-10 along party lines to advance five of President Joe Biden's judicial picks for final consideration in the 100-member U.S. Senate.

       

The State of Cost Recovery — Post COVID

Fri, 2024-11-22 08:26

Law firm operations are different now. Obviously, the biggest impact of COVID has been the inception and continuation of the hybrid work environment. This has been a kick in the pants for law firms to migrate to a digital working environment

       

Legal Speak at General Counsel Conference East 2024: Match Group's Katie Dugan & Herrick's Carol Goodman

Fri, 2024-11-22 05:59

Match Group VP of Global Labor & Employment Katie Dugan and Herrick Partner, Employment Chair and Litigation Co-Chair Carol Goodman discuss the legal landscape surrounding pay equity, as well as the evolving demands from the workforce.

       

Legal Speak at General Counsel Conference East 2024: Eric Wall, Executive VP, Syllo

Fri, 2024-11-22 05:59

Syllo Executive VP Eric Wall discusses barriers to the adoption of artifical intelligence, or AI, by litigation counsel and how those barriers can be overcome.

       

Battle for Top Talent Accelerates Amid Profit and Demand Surge

Fri, 2024-11-22 04:59
“There's basically no firm that's immune from market pressure, with very rare exceptions, said one legal recruiter.
       

Will Trump Be a Boost to Quinn Emanuel's Fortunes in China?

Thu, 2024-11-21 23:38

Tit-for-tat regulations between China and the U.S. have helped Quinn Emanuel Urquhart & Sullivan thrive in China. Will Trump's leadership expedite its growth?

       

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