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The Law Firm Disrupted: Working Harder or Working Smarter?

Sun, 2024-01-21 17:04

It's one thing to prioritize "better business" over "more business," but the real challenge is identifying what that "better business" looks like.

       

The Time to Do a Transatlantic Merger is Now

Sun, 2024-01-21 13:51

As international GDP growth slows, law firms hoping to keep up with Kirkland, Latham, Skadden, and Simpson Thacher need to consider mergers involving the US, writes the Global Lawyer.

       

Illinois Court Reinstates Trial Court's Initial Holding, Denying Chicago Cubs' Motion to Arbitrate

Fri, 2024-01-19 17:33

The MLB team attempted to route the matter through litigation, claiming a photographer who was injured at Wrigley agreed to a mandatory arbitration provision through use of his media credential to enter the field.

       

Massachusetts High Court Amends Rules Regarding Disposition of Unclaimed IOLTA Funds

Fri, 2024-01-19 16:57

The amendments were adopted in response to the court's decision in the Matter of Olchowski (2020), which posed the question concerning the proper disposition of unidentified client funds on deposit in an Interest on Lawyers' Trust Account.

       

Colo. Supreme Court: Law Firm's 'Reimbursement Agreement' With Departing Attorney Violates Ethics Rules

Fri, 2024-01-19 16:36

The high court held that agreements requiring a lawyer departing a firm pay it an undifferentiated per-client fee for continued representation of those clients are prohibited.

       

'To Those Dedicated Customers of Spirit, This One's for You': JetBlue's $3.8 Billion Acquisition of Spirit Airlines Blocked by Federal Judge

Fri, 2024-01-19 16:30

"Spirit is a small airline. But there are those who love it. To those dedicated customers of Spirit, this one's for you," the judge concluded. "Why? Because the Clayton Act, a 109-year-old statute requires this result—a statute that continues to deliver for the American people."

       

1 Case, 10 Years, $6.7 Million in Legal Fees for Holland & Knight

Fri, 2024-01-19 13:49

"The most difficult thing that we had to deal with is representing a sovereign," said Ed Ramos, partner at Holland & Knight.

       

Amid Management Shuffle, Norton Rose Adds Litigation Leaders in Chicago

Fri, 2024-01-19 13:37

The new litigation leaders arrive following some departures within Norton Rose management. They also come amid high expectations for the pace of lawsuits and disputes in 2024.

       

CFTC Charges Crypto Platform Debiex With $2.3M 'Pig Butchering' Digital Asset Scheme

Fri, 2024-01-19 13:34

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

       

FTC Pauses Car-Buying Protection Rule's Effective Date Amid Legal Challenge

Fri, 2024-01-19 13:32

National Automobile Dealers Association says agency acted arbitrarily and capriciously.

       

A Split Maine Supreme Court Reverses Mortgage Discharge Precedent

Fri, 2024-01-19 13:28

The decision overturns a prior unanimous ruling and comes after five new justices have been added to the court.

       

Creative Expression vs. the Lanham Act: Six Months of Cases After Jack Daniel's

Fri, 2024-01-19 12:53

Last Term, the U.S. Supreme Court decided Jack Daniel's v. VIP Products — a case involving interaction between the Lanham Act and the First Amendment. This article traces the lower courts' reactions and applications to that decision.

       

Weil, Pillsbury Plan London Office Moves Amid US-Based Firm Upsizing Trend

Fri, 2024-01-19 05:57

Contrasting attitudes to hybrid working have seen U.S.-founded firms taking up larger spaces while several of their U.K-led counterparts are downsizing.

       

FTC Making It Tougher for Online Sites to Share Children's Info

Fri, 2024-01-19 05:09

Under the proposed changes, targeted advertising would have to be turned off by default and only could be turned on with verifiable parental consent.

       

Lack of Confidence in Fees and 'Subtle Psychology' May Hinder Profit: The Morning Minute

Fri, 2024-01-19 05:00

The news and analysis you need to start your day.

       

California Chief Justice Says Court's Frequent Unanimity Doesn't Squelch Voices

Thu, 2024-01-18 21:50

In a meeting with reporters, Patricia Guerrero talked about her court's opinion output, term limits for judges and why the U.S. Supreme Court's ruling overturning "Roe v. Wade" may have soured public opinion.

       

Don't Be an Ostrich: Understand (and Embrace) the Benefits and Risks of AI

Thu, 2024-01-18 17:33

If your head is still in the sand, now is the time to pull it out and learn what role Gen AI can play in your business strategy.

       

California Supreme Court Shields PAGA Claims From 'Manageability' Dismissals

Thu, 2024-01-18 17:32

The unanimous court said judges have no inherent authority to strike Private Attorneys General Act claims for being too unwieldy.

       

State Bar of California Board of Trustees Approves Reducing Bar Exam Testing Locations

Thu, 2024-01-18 17:15

The board of trustees in August approved reducing the number of facilities for the February bar exam, with a cost savings of $645,000. On Thursday, the board voted for the July 2024 bar exam to be administered in person at six approved sites, which is one fewer than the July 2023 bar exam.

       

Inside Track: Should We Put the Terms 'ESG' and 'DEI' to Rest, or Is That a Cop-Out?

Thu, 2024-01-18 17:05

DEI consultant Richard Orbe-Austin said "diversity, equity and inclusion" has started to "wither and lose favor across many industries"—a decline he blames on executives' failure to fully commit to the cause, not the phrase itself.

       

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