Subscribe to Latest in Legal News2 feed Latest in Legal News2
Law.com
Updated: 56 min 35 sec ago

Former SDNY US Attorney Departs Paul Weiss for Jenner

Fri, 2025-06-06 13:02

Williams is the latest partner exit at Paul Weiss in the wake of the firm's March deal with President Trump.

       

FDA's Embrace of AI to Speed Up Drug Approvals Leaves Industry Observers Excited, Uneasy

Fri, 2025-06-06 11:07

“There are problems with generative AI, and there need to be guardrails and there needs to be human oversight," said Jason Conaty, counsel at Hogan Lovells.

       

How I Made Partner: 'Always Be Prepared to Learn,' Says Morgan Jones of Brown Rudnick

Fri, 2025-06-06 10:59

"Always be prepared to learn. Whether it's a new Supreme Court case, a new client's risk tolerance, a new privacy law, or the next techno-revolution, there will always be something to learn to be able to serve my clients and Brown Rudnick."

       

Supreme Court Hands Down Half-Dozen Opinions In One Day. What Did They Say?

Fri, 2025-06-06 06:44

A breakdown of the Supreme Court's six decisions on Thursday, which included holdings on Title VII, the First Amendment and the Foreign Sovereign Immunities Act.

       

With Point Values Rising, Law Firms Fight 'Creeping' Compensation for Some Partners

Fri, 2025-06-06 05:59

Some law firm fixes for compensation creep include an emphasis on profitability, capping cash payouts, or cutting shares.

       

60 Years of Breaking Barriers: Legal Pioneer Sylvia Walbot Retires

Fri, 2025-06-06 05:59

In this week's Legal Speak episode, retired Carlton Fields shareholder Sylvia Walbolt discusses her legal career that's spanned more than 60 years.

       

FCC Chair Carr's ‘Delete, Delete, Delete' Agenda Stalls After Surprise Agency Shakeup

Thu, 2025-06-05 22:10

The departures of Republican Nathan Simington and Democrat Geoffrey Starke leave the FCC with just two commissioners, GOP Chair Brendan Carr and Democrat Anna Gomez. Without a three-commissioner quorum, any commission-level actions like new rulemaking or waiver requests will be put on hold until the commission has three members.

       

'We May See More Mergers': Trump's M&A Enforcement Restores Divestiture Remedies

Thu, 2025-06-05 18:45

"The last administration viewed its merger policy as one of deterrence of mergers, and this administration has a more narrow view that it is engaging in targeted law enforcement," said Wilmer Cutler Pickering Hale and Dorr partner David Gringer.

       

Ex-Girardi Keese Partner David Lira Pleads Guilty

Thu, 2025-06-05 17:56

Lira, whose trial was scheduled for next month, pleaded guilty to one count of failing to comply with a court order pertaining to settlements over the Lion Air crash of 2018.

       

DOJ Tells 1st Circuit Legislator's Punishment for Post Opposing Trans Athlete Is Unconstitutional

Thu, 2025-06-05 17:55

“We do not believe [it] would ever be appropriate for the Maine legislature to suspend the right to vote in this case, because the right to vote does not belong to Laurel Libby," Assistant U.S. Attorney General Harmeet Dhillon argued. "It's not an appropriate punishment.

       

IT Company's Bill for Post-Judgment Interest Grows by $6M, 7th Circuit Rules

Thu, 2025-06-05 17:51

"We conclude that an award of $140 million in punitive damages was 'ascertainable' from the entry of the first judgment in 2017," the court said. "Neither the district court nor this court has ever held that $140 million is too high. Punitive damages have gone from $700 million to $280 million to $140 million, but that final figure has been ascertainable since 2017."

       

Lawyers' AI Missteps Continue, Thanks to Carelessness and Lack of Education

Thu, 2025-06-05 17:49

“These lawyers are not understanding the limitations of these tools," Professor Ifeoma Ajunwa of Emory University School of Law said of general purpose AI products like ChatGPT.

       

Theranos Whistleblower Tyler Shultz: A Tale of Courage and Ethical Duty

Thu, 2025-06-05 17:43

In the annals of corporate fraud, few stories resonate as powerfully as that of Theranos, the Silicon Valley biotech startup that promised to revolutionize blood testing but collapsed under the weight of its own deception. At the heart of this saga is Tyler Shultz, a young whistleblower. This article recounts Tyler's extraordinary journey and invites legal professionals to explore its lessons through our CLE program, which bridges his real-world experience with the ethical obligations enshrined in the Rules of Professional Conduct.

       

Jump Trading Dodges 8-Figure Crypto Fraud Lawsuit on Jurisdictional Grounds

Thu, 2025-06-05 17:41

The underlying case involved allegations that Jump Trading LLC facilitated an initial exchange offering for an independent cryptocurrency-gaming developer, but instead allegedly carried out a lucrative "pump and dump" scheme.

       

The Expectation to Drive Business Growth During Instability (With Limited Resources)

Thu, 2025-06-05 16:23

Even in the current political climate, general counsel are under mounting pressure to help their companies expand globally.

       

It's Pride Month, But Law Firms Are Silent This Year

Thu, 2025-06-05 15:55

In previous years, most of the world's largest law firms had made public posts by this point in the month, but this year experts say messaging is muted and budgets are being slashed.

       

No 'Minimum Contacts' Required to Sue Foreign States, Supreme Court Rules

Thu, 2025-06-05 14:37

As long as plaintiffs can establish a legal exception to foreign sovereign immunity, they need not also show that a country has had the "minimum" contacts with the United States in order to pursue their legal claims against that nation, the Supreme Court held Thursday.

       

Rattled by DEI Risks, GCs May Retreat From Tracking Diversity of Outside Counsel

Thu, 2025-06-05 13:33

“That's the conversation now—not whether DEI matters, but whether tracking it this way is still worth the risk," said Jennifer McIver, a legal operations consultant at Wolters Kluwer.

       

Judge Rules Law Firm in Litigation With Musk Can Hire Ex-SEC Chief Litigation Counsel

Thu, 2025-06-05 13:18

"[T]he timing of Tenreiro's departure appears to have been precipitated by his being assigned to detail in an office with a focus unrelated to his prior work and the agency's offering of a voluntary separation package,” U.S. Magistrate Judge Gabriel W. Gorenstein found.

       

'Improvidently Granted': Supreme Court Dumps Case Over Size Of Class Actions

Thu, 2025-06-05 11:43

The U.S. Supreme Court dismissed as "improvidently granted" a case Thursday dealing with the proper size of class actions that federal courts may certify.

       

Pages