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Updated: 41 min 55 sec ago

At Least a $5M Book of Business: Partner Expectations Tighten

Tue, 2024-10-22 05:00

More top law firms have initiated earnings expectations for their equity partners, such as at least $5 million to $7 million in business each year.

       

Luminance Launches 'Agent Lumi', Expanding on Its Gen AI Chatbot Ask Lumi

Tue, 2024-10-22 03:01

The new agentic AI offering looks to help users handle a number of time-intensive repetitive tasks through automating digital actions.

       

South Florida Federal Judge Dies

Tue, 2024-10-22 00:42

"Although each case might be one of hundreds or more on your calendar that week, for many individuals, this is one of the most important days in their lives," a former colleague on the bench recalled in an exchange with the late-judge.

       

Who Got the Work: Morgan Lewis Set to Defend X Corp., Elon Musk in ERISA Suit

Mon, 2024-10-21 19:18

Plaintiffs, former Twitter executives, say in their complaint that Elon Musk's acquisition of the microblogging app constituted a "material adverse change" in employment terms and meant they were entitled to severance packages upon resignation.

       

'Everybody Is Holding Their Breath': Big Law Lobbying Businesses See Mixed Earnings in Q3

Mon, 2024-10-21 17:46

A "small handful of our clients" are taking "a wait and see approach" toward the upcoming election, though are "prepared to re-engage post-election," said Will Moschella, of Brownstein's government relations department.

       

Pittsburgh Jury Returns $29.4M Against Investment Firm That Accused Terminated Contractors of Fraud

Mon, 2024-10-21 17:22

Horne Daller partner Nicole Daller, an attorney for one of the plaintiffs, said the matter was a "unique type of employment case," sounding in tort law rather than more common employment claims like discrimination or wrongful discharge.

       

'That's Insane': Lawyers Weigh In on Fallout From Uber's User Agreement

Mon, 2024-10-21 17:20

The appeal, if the justices agree to take the case, would be the latest variation on the thorny question of how technology and consent to arbitration intersect.

       

Former CFTC Chair and SEC Commissioner Chart Election's Impact on Crypto and Capital Markets

Mon, 2024-10-21 16:54

"With respect to crypto, [Kamala Harris'] criminal prosecution background colors how she views the sector," said Paul S. Atkin, chief executive of Patomak Global Partners and U.S. Securities and Exchange Commission commissioner from 2002 to 2008.

       

Attorney Urges DC Circuit to Revive Race Bias Lawsuit Against Morrison & Foerster

Mon, 2024-10-21 16:43

The U.S. Court of Appeals for the D.C. Circuit pressed contract attorney Junius J. Joyner III to highlight how he was treated differently from similarly situated white counterparts at the firm.

       

$2.8B Antitrust Settlement Will Have Long-Term Impacts on Insurance Industry, Say Attorneys Behind Accord

Mon, 2024-10-21 15:55

Partner attorneys Edith Kallas and Joseph Whatley Jr. said that it was essential that the settlement "not just consist of a payment to the class; they needed significant reforms to the Blue system."

       

Mastercard CLO Exits After Just 14 Months, Takes Legal Reins of Laser Manufacturer

Mon, 2024-10-21 15:52

Rob Beard is departing a financial giant with a stock market value of $477 billion for a much smaller tech innovator with a market value of $15 billion.

       

Addressing the Overlap Between AdTech and Third-Party Risk Management

Mon, 2024-10-21 15:26

Several significant and multifaceted challenges are emerging with U.S. and global privacy laws. While these are significant challenges, they are also opportunities to uncover blind spots in company programs.

       

'The Progression Is Not Natural': As IPOs Surge in India, Law Firms Try to Keep Up

Mon, 2024-10-21 15:02

For domestic and international law firms doing capital markets work in India, the IPO boom presents opportunities but also challenges.

       

Sage Therapeutics Axes GC After Drug-Pipeline Failures Force Cost-Cutting

Mon, 2024-10-21 14:55

Sage is lopping off one-third of its workforce after one of its experimental drugs failed to prove effective as a treatment for Parkinson's and Alzheimer's.

       

ACLU's Strangio Will Become First Openly Trans Attorney to Argue at Supreme Court

Mon, 2024-10-21 13:57

The case, U.S. v. Skrmetti, is the first time the Supreme Court will consider the constitutional right of trans youth to obtain access to gender-affirming care like hormone therapy and puberty blockers.

       

'No One to Teach Me': How an Attorney Working From Her Dining Room Table Helped Create Path Back for Disbarred Attorneys

Mon, 2024-10-21 13:53

"In the end, you are going to lose. But I believe we can change the law," attorney Donald M. Lomurro said he told his client, Dionne Laurel Wade.

       

Sean Combs' Defense Team Asks Judge to Bar Civil Lawyers From Speaking on Criminal Case

Mon, 2024-10-21 13:50

"Unless and until the government identifies its prospective witnesses and victims, Mr. Combs has no choice but to assume that each accuser—no matter how frivolous or outlandish their allegations—is a prospective witness," the defense letter reads.

       

Michael Cohen Loses Bid for Supreme Court Review of Civil Rights Lawsuit

Mon, 2024-10-21 13:22

Donald Trump's former lawyer claims the ex-president and his Justice Department tried to muzzle him from criticizing Trump by conditioning on not speaking to the media his release from prison for crimes he committed while in Trump's employ.

       

Must EPA Challenges Go to DC Circuit? Supreme Court Will Decide

Mon, 2024-10-21 11:32

The Biden administration is seeking to block the conservative U.S. Court of Appeals for the Fifth Circuit from hearing a challenge from several small oil refineries to renewable fuel standards.

       

How I Made Practice Group Chair: 'Never Lose Sight of the Fact That It's All About Delivering for Your Clients,' Says Gayle Klein of Freshfields

Mon, 2024-10-21 11:00

"Focus on developing a successful practice and never lose sight of the fact that at the end of the day, it's still all about delivering for your clients."

       

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