Selendy Gay said it will give above-market bonuses for each associate class year, topping out at $132,250 for the class of 2017 and beyond, in addition to special bonuses.

       

As the Trump administration takes office in mid-January, the U.S. stands at a pivotal moment in the fight against financial secrecy, financial crimes, and corruption. Experts from the FACT Coalition, Transparency International U.S. and the Foundation for the Defense of Democracies unpacked the critical issues at stake in 2025 in a panel, unveiling the trends to watch.
       

       

Prosecutors for the U.S. Southern District of New York obtained a stay pending a criminal investigation, the nature of which was undisclosed. The Connecticut civil action may now proceed after being on hold for six months

       

Advising political appointees is significant business for the select few who do this work routinely, including from firms Covington & Burling and Holland & Knight.

       

In this week's Legal Speak episode, Dan Wolfe, the senior director of jury consulting at Magna Legal Services in Chicago, Illinois, teamed with Philly-based litigation reporter Aleeza Furman of The Legal Intelligencer to test out how the firm develops prospective juror profiles.

       

"Matt has some big ideas that he believes he could work in collaboration with our firm," Morgan & Morgan founder John Morgan told the Daily Business Review on Thursday.

       

Herbert Smith Freehills and Kramer Levin eschewed the model for their upcoming tie-up. So did A&O Shearman earlier this year. But several leaders whose firms embraced the structure say it has served them well.

       

"The Majority had four years to address its concerns with the Collaboration Guidelines—now is not the time," wrote Republican FTC Commissioner Melissa Holyoak.

       

Herbert Smith Freehills voted to remove partner Damien Hazard over a tweet targeting a Jewish lawyer amid a synagogue arson investigation.

       

The measure had broad support when the Senate passed it in August, but Democrats have largely withdrawn their support after Trump's election win in November.

       

The use of generative AI to create highly realistic synthetic video, audio, photos or text to circumvent security measures installed by financial services is on the rise and threatens to cost companies billions of dollars, according to an alert recently issued by the U.S. Department of the Treasury's Financial Crimes Enforcement Network.

       

“With 20/20 hindsight, Blockware could have avoided this whole problem by contracting directly with Bitmain instead of going through a middleman, said Bob Jarvis, a professor at Nova Southeastern University College of Law who is not involved in the matter.

       

Absent Crenshaw's reconfirmation, Trump would be able to nominate her successor. That selection would have to be a Democrat as the five-member SEC may have no more than three Republican commissioners during a GOP presidential administration.

       

"There remains continued uncertainty around NIL agreements in particular—with states, the NCAA and various universities each passing different laws, rules and regulations to govern such deals," said Tim Heafner, a partner at O'Melveny & Myers.

       

This week, the Ohio Supreme Court unanimously agreed that the abatement fund payment did not constitute "damages" under Sherwin-Williams' insurance contracts.        

Antonious Porch joins the magazine giant after helping guide the music-recognition app Shazam to a $400 million sale and helping the music-sharing platform SoundCloud turn profitable.

       

“The Kirkland investment funds group is the size of many Am Law firms in its own right, and we've fundamentally reinvented a meaningful aspect of the work the group does, James Desjardins said.

       

The former law firm executive admitted to using embezzled funds to bankroll personal expenses like payments on Best Buy and Home Depot credit cards and renovations on three houses he owned in California.