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Updated: 1 hour 29 min ago

Feds Say Trading 'Academy' Ran $1.2 Billion Fraud Targeting Young Minority Investors

Thu, 2025-05-01 16:20

“The allegations against [International Markets Live Inc.] highlight how financial criminals are utilizing technology and social media to expand the breadth of their fraudulent schemes, said Alan Rosenberg, a partner at Markowitz Ringel Trusty + Hartog.

       

Irked by Meager Pay Hikes, In-House Talent Consider Jumping Ship

Thu, 2025-05-01 15:55

Nearly 60% of the 3,000 legal professionals who responded to a survey from BarkerGilmore expressed an interest in seeking new opportunities in the coming year.

       

Democratic Attorneys General Discourage Law Firm 'Capitulation' to White House

Thu, 2025-05-01 15:48

The letter expresses support for Perkins Coie, Jenner & Block, WilmerHale and Susman Godfrey, the four firms that have sued to block executive orders, and disappointment with firms that have worked out deals with the administration in order to have executive orders involving them walked back.

       

Freshfields to Implement New Asia Strategy, Appoints New Asia Head

Thu, 2025-05-01 15:44

Matthew O'Callaghan rejoined Freshfields as head of its Asia financial services practice in 2019 after spending 14 years in-house at Goldman Sachs.

       

Student Amicus Brief Signals Recruitment Troubles for Firms Making Deals With Trump

Thu, 2025-05-01 15:32

Over 1,100 law school students signed on to a brief supporting Susman Godfrey's suit against the Trump administration. Thirty percent of these signers are enrolled at T-14 law schools.

       

Ethics-Chief-Turned-Author: Law Firms That Settled Did Disservice to Profession—and May Not Keep Trump's Favor for Long

Thu, 2025-05-01 11:32

"I don't think the law firms thought hard enough about the consequences of what they did," said former Airbnb ethics chief Rob Chesnut, author of "Intentional Integrity: How Smart Companies Can Lead an Ethical Revolution."

       

Former Baltimore Ravens Coach, Simmons University Hit With Data Breach Class Action

Thu, 2025-05-01 09:33
This action was surfaced by Law.com Radar, which delivers real-time alerting on new litigation across more than 2,600 state and federal courts. Click here to get started and be first to act on opportunities in your region, practice area or client sector.        

Bondi's Firing of DOJ Lawyer for Lack of 'Zealous Advocacy' in Deportation Case Raises Concerns

Thu, 2025-05-01 04:59

A leading legal ethics scholar warned that the U.S. attorney general's action may "intimidate DOJ lawyers from exercising independent judgment." The acting deputy director of the DOJ's Office of Immigration Litigation was dismissed over his handling of a lawsuit challenging the deportation of a Maryland resident to El Salvador.

       

Law Schools Report Record-High Application Rates as Numbers Continue to Skyrocket

Thu, 2025-05-01 04:59

“The largest driver is likely the economy and fears over a recession, as well as concerns over the rise of AI and job security, Dave Killoran, CEO of PowerScore Test Preparation, told Law.com.

       

Kohl's Fires CEO for Undisclosed Deal with Vendor

Thu, 2025-05-01 00:53

The company said that Ashley Buchanan, who started just three months ago, must repay two-thirds of his $3.75 million signing bonus and has forfeited $17 million in stock awards he received to woo him aboard.

       

Delaware Supreme Court Eyes Dilution Language in AMC Theatres Settlement

Wed, 2025-04-30 17:49

The action before the high court lawsuit argues that holders of AMC's preferred equity shares, known as APEs, had their shares wrongly diluted by how AMC went about implementing the split and conversion outlined in the settlement.

       

Judge Tosses Manufacturer's $1M Action on Account Claim for 'Theoretical Scenarios'

Wed, 2025-04-30 17:37

"So, yes, of course it is possible to plead and collect on both a breach of contract claim and an action on account in a single case. The question here, though, is not an academic one in the abstract; the question is whether this plaintiff pleaded facts in this first amended complaint to support an action on account under Missouri law. And the answer simply is 'no,'" wrote U.S. District Judge Matthew T. Schelp.

       

Smith v. Time: One Lawyer's Story of Reclaiming 20 Hours a Week with AI

Wed, 2025-04-30 15:54

In a recent law.com podcast, solo criminal-defense attorney David Grisham highlights the time-saving benefits and ethical necessity of AI.

       

Supreme Court Appears Open to Allowing Religious Public Charter Schools

Wed, 2025-04-30 15:39

Excluding religious schools from public charter school systems seems to be "rank discrimination," Justice Brett Kavanaugh said during Wednesday's hearing in a case that could affect the laws in 47 states and a federal program.

       

Sidley Again Poaches From Latham as Unprecedented London Partner Raid Continues

Wed, 2025-04-30 15:37

The firm's hiring of 10 Latham partners, in addition to a number of associates, over the last nine months signals its ambitions in London.

       

Daily Report Set to Present 2025 Southeastern Legal Awards

Wed, 2025-04-30 15:27

The Daily Report and Law.com will recognize all the 2025 winners and finalists for the Southeastern Legal Awards during an awards presentation on Thursday, May 1.

       

Firing of Male Pilot for Wearing Earring Lands Republic Airways in Seventh Circuit Fight

Wed, 2025-04-30 14:48

The spat has thrown the spotlight on employee-attire policies that treat men or women differently.

       

State Bar Defends AI Use on Bar Exam, Asks Calif. Supreme Court to Lower Passing Score

Wed, 2025-04-30 14:29

In a late-night filing with the state's high court on Tuesday, the California bar did not explain why its test-writing vendor did not submit all 200 questions on the February bar exam or why it turned to AI to develop others.

       

Legal Speak at GC Midwest 2025: John Meyer, GC and Chief Privacy Officer, Zeem Solutions

Wed, 2025-04-30 13:59

In this Legal Speak episode, host Patrick Smith interviews John Meyer, GC and chief privacy officer at Zeem Solutions.

       

Legal Speak at GC Midwest 2025: Carolyn Burbrink, Director Volume Mobility Safety & Insurance Litigation at Uber

Wed, 2025-04-30 13:55

In this Legal Speak episode, host Patrick Smith interviews Carolyn Burbrink, director of volume mobility safety and insurance litigation at Uber.

       

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