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Updated: 18 min 23 sec ago

Skadden to Mandate 4 Days in Office

Thu, 2023-05-25 16:27

The policy, which extends to all attorneys, will go into effect after Labor Day.

       

Paul Weiss London Partner Duo Heads to Sidley

Thu, 2023-05-25 16:15

The firm's London deputy head is among the pair leaving, in a very rare loss for the firm's U.K. base.

       

'Buy Now, Pay Later' Company Affirm Hit With Shareholder Derivative Suit

Thu, 2023-05-25 15:37

This case was first surfaced by Law.com Radar.

       

ChatGPT Faces a Timeout as Legal Turns Its Attention to More Mature, Legal-Specific AI Tools

Thu, 2023-05-25 15:33

ChatGPT rarely finds itself in most serious conversations about the use of generative AI in legal, and the focus is instead on the advanced LLMs themselves, such as GPT-4, and how they can best be harnessed to address the needs and concerns of the legal industry.

       

'They've Already Had Three Bites': How Many Attempts Does a Prevailing Party Get to Show Citizenship of LLC Members?

Thu, 2023-05-25 15:28

"I'm somewhat disappointed from the standpoint that they've had three opportunities to document the citizenship of all of the members of each one of the LLCs—and there's a myriad of them. They've failed to do so to the satisfaction of the court or to us, for that matter," John S. Davagian, II, managing partner of Davagian Grillo & Semple, who represents the plaintiffs, told Law.com.

       

Australian Government Rolls Out Ethics Clauses for Suppliers, Including Law Firms

Thu, 2023-05-25 14:16

The move comes in response to the tax advice scandal engulfing the Australian arm of consulting giant PwC, and requires that government contracts include "Notification of Significant Event Clauses."

       

Employment Discrimination Law: Proskauer's Keisha-Ann G. Gray on Her New Deskbook from PLI Press

Thu, 2023-05-25 14:04

Navigating the world of employment discrimination law is challenging for practitioners and employers alike. With greater attention to issues of social

       

How Will Bankruptcy Courts Shape Crypto Regulation?

Thu, 2023-05-25 13:43

Last year's cryptocurrency market crash a/k/a "the crypto winter" did not cause trembles in the U.S. economy, but it caused enormous losses to its

       

Making a Business Case for Contract Technology

Thu, 2023-05-25 13:42

A critical part of the process in obtaining budget and staff resources to implement contracting solutions is developing a business case that contains reasonable and tangible benefits, justifying the return on investment.

       

'Empty Exercise': Justices Back Appellate Review of Legal Issues Not Relitigated Post Trial

Thu, 2023-05-25 13:25

Just going through the (Post-Trial) motions would be a waste of time, the Supreme Court says.

       

'Say Your Prayers': Meta's $1.3B Fine Might Not Be Last EU Data-Privacy Bombshell

Thu, 2023-05-25 13:05

"As we have seen from the recent news, the cost of noncompliance is becoming quite high," said Ken Kumayama, a partner at Skadden, Arps, Slate, Meagher & Flom.

       

Pressure on Yelp Underscores That Shareholder Activists Are Still Lurking Around Tech

Thu, 2023-05-25 13:05

"Info tech will likely face continued shareholder pressure, especially those with low profitability," Goldman Sachs said in a report last month.

       

Why Law Firms Should Be Using SIEM Logs to Manage Data Security Threats

Thu, 2023-05-25 11:25

To effectively safeguard their data and networks, law firms need to deploy advanced security tools that can help detect and respond to threats in real time. One such tool is security information and event management (SIEM) software.

       

CIA Denied Summary Judgment in Fight Over Trump's Declassification of Documents

Thu, 2023-05-25 11:14

"The First Circuit has instructed that Exemption 7(A) leaves 'no room for judicial balancing' and if the court concludes the requested documents were compiled for law enforcement purposes, 'the inherent nature of the requested documents is irrelevant to the question of exemption,'" stated Judge Denise J. Casper citing Curran v. Dep't of Just. "The key inquiry, therefore, 'becomes whether revelation of the data will tend to obstruct, impede, or hinder enforcement proceedings.'"

       

TikTok, Montana Users Launch Separate Free-Speech Suits Less Than a Week After Montana Gov Signs 'TikTok Ban'

Thu, 2023-05-25 10:37

Two lawsuits have been lodged in Montana federal court since last week when Montana's governor signed into law what's considered to be the first attempt by a state to fully ban the popular short-video platform: One by Tik Tok itself and another by residents who create Tik Tok videos and often use the app to generate and business.

       

Bryan Cave Leighton Paisner Cuts 47 Staff Globally, Citing Excess Capacity in Secretarial and Administrative Roles

Thu, 2023-05-25 09:30

The global law firm announced the layoffs Thursday morning, stating affected employees had been notified and provided with "competitive" severance benefits and outplacement assistance.

       

Hourly Rates Are Skyrocketing—and Driving Laterals: The Morning Minute

Thu, 2023-05-25 06:00

The news and analysis you need to start your day.

       

How I Made Partner: Do Work You Enjoy and Treat Your Fellow Attorneys Like Clients, Says Yisell Rodriguez of Nelson Mullins Riley & Scarborough

Thu, 2023-05-25 06:00

"The attorney that is giving you an assignment should be treated with the same deference and courtesy as clients—be responsive, do good work and make deadlines."

       

NCBE Releases Content Scope for NextGen Bar Exam

Thu, 2023-05-25 01:00

"It is a function of an organization like the National Conference of Bar Examiners, as part of this obligation, frankly, to the jurisdictions that it serves to periodically evaluate its exam product—it's not change for change sake," Missouri Court of Appeals Judge Cynthia L. Martin, chair of the NextGen Implementation Steering Committee, told Law.com.

       

'Fast and Furious': As AI Accelerates, So Does Corporate 'Risk Velocity'

Thu, 2023-05-25 00:54

The sudden collapse of Silicon Valley Bank is a textbook example of how quickly risks can skyrocket. Experts say that's why being proactive is so important.

       

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