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Single-Tier Partnerships Consider Options, While Other Firms Continue Rapid Nonequity Expansion

Mon, 2025-03-03 05:59

New York firms Skadden and Debevoise have considered a nonequity tier, according to sources.

       

McGuireWoods' Revenue Grew 9% to $1.1 Billion, As Demand Picked Up

Mon, 2025-03-03 04:59

Even with an increase in equity partners, net income rose 15%, while PEP soared 11.8% to $2.3 million.

       

Divided Court Agrees to Heftier Sanction for Judge's Delayed Judgments

Sun, 2025-03-02 23:50

In a 4-3 majority ruling, the Missouri Supreme Court suspended a judge for one year without pay for allegedly failing to return timely rulings in several cases.

       

SEC Staff Agree 'in Principle' to Dismiss Lawsuit Against Kraken

Sun, 2025-03-02 23:48

“By dismissing this action, the SEC is signaling to the industry that, one, it will not pursue these types of 'registration' cases going forward and, two, it will presumably focus its resources on fraud cases that harm consumers, said Scott Armstrong, a principal at McGovern Weems and a former federal prosecutor who served as senior counsel in cases involving cryptocurrencies.

       

Weil Head of Patent Litigation, Life Sciences Joins Jones Day in 2-Partner Move

Sun, 2025-03-02 23:38

Jones Day sees the mix of genomics and life sciences, two specialties of the duo, working nicely with the firm's existing client base in tech.

       

'ChatGPT Helped Us': $7.2M Verdict Secured

Sun, 2025-03-02 23:32

Prevailing plaintiff counsel leveraged ChatGPT to uncover evidence that contradicted defense expert testimony.

       

How I Made Practice Group Chair: 'Put the Needs of Your Team Before Your Own,' Says Angel Lezak of Polsinelli

Sun, 2025-03-02 22:59

"Thoughtful communication is key. Know the needs of your team and put their needs before your own. Help them shine and feel great about themselves and their practices. Regarding financial management, know your value and be worth every penny. Reputation will lead the way for recruiting and business development in ways you never imagined."

       

Ethics Complaint Against MDL Judge Alleging Gender Bias Is Part of 'Disgusting Attacks on the Courts,' NJ Top Mass Tort Lawyer Says

Sun, 2025-03-02 20:10

"A more diverse bar and bench results in better representation of our respective clients, and Judge Rodgers along with the rest of the judiciary are more than capable of choosing qualified attorneys to lead major cases without baseless attacks from those in the cheap seats," Chris Seeger, of Seeger Weiss in Ridgefield Park, New Jersey, who has filed Depo-Provera lawsuits, said.

       

Paul Weiss to Require 4 Days of Weekly Office Attendance

Fri, 2025-02-28 19:03

The firm joins a growing cohort of Big Law firms that have moved up from three days per week of attendance.

       

Litigation Trends to Watch: New Suits Center on 'Made in USA' Claims, Corporate Revenue Misses and Trump

Fri, 2025-02-28 18:42

Shareholder suits take aim at Fortune 500 companies for falling short of revenue projections.

       

Judicial Misconduct Complaint Accuses Depo-Provera Judge Of 'Explicit Preference for Females'

Fri, 2025-02-28 18:16

A conservative judicial group called Article III Project filed the judicial misconduct complaint against U.S. District Judge M. Casey Rodgers in the Northern District of Florida.

       

Blackstone Paid Kirkland $101M in Legal Fees in 2024

Fri, 2025-02-28 16:57

The fee payout was more than double the $41.6 million that Kirkland received from Blackstone in 2023.

       

Vanessa Ford One Year On: Legal Industry's Mental Health Crisis Rages On

Fri, 2025-02-28 16:45

Twelve months after a coroner's verdict reignited an industry-wide reckoning over the pervasive toxic work culture in law, legal leaders believe pressure has increased further, with one partner recalling how an associate burst into tears when the firm upped its salaries.

       

Wilmer Grows San Francisco Footprint With New Office

Fri, 2025-02-28 15:48

Wilmer Cutler Pickering Hale and Dorr has more than doubled its office footprint in San Francisco just six years after moving into the region.

       

Judge OKs Eckert Seamans' $38M Settlement Tied to Sprawling Fraud at Phila. Cash Advance Co.

Fri, 2025-02-28 14:41

The final approved settlement agreement will ultimately net defrauded investors about $31.75 million, while the remaining $6.25 million will go to attorney fees.

       

Foreign Aid Groups Fight for Release of $2 Billion in USAID Funds at Supreme Court

Fri, 2025-02-28 13:47

The high court is considering whether to vacate a lower court order requiring the U.S. Agency for International Development to pay $2 billion in foreign assistance invoices, grants and loans halted by the Trump administration.

       

What Am Law 100 Firm Partners Say About the SEC's New Views on Meme Coins

Fri, 2025-02-28 13:19

“Despite the seemingly definitive statement by the staff that meme coins are not securities' under the U.S. securities laws, the devil is always in the detail, said Christopher Capuzzi, a capital markets partner at Ropes & Gray.

       

Carnival Legal Chief Pulls Into Port With Big Paycheck From Purser

Fri, 2025-02-28 12:24

Compensation more than doubled for Carnival General Counsel Rick Miguez, partly reflecting a payout to executives in return for not jumping ship during the pandemic.

       

Keker and ACLU Seek Class Action Over January Raid by Border Patrol in Central California

Fri, 2025-02-28 12:02

The suit alleges “Operation Return to Sender was a “fishing expedition that indiscriminately targeted scores of residents, including U.S. citizens, through racial profiling.

       

State Bar Offers Exam Retakes but Few Answers About Testing Fiasco

Fri, 2025-02-28 09:53

A Bay Area plaintiffs firm filed a proposed class action targeting the company that administered this week's California bar exam.

       

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