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Updated: 1 hour 54 min ago

Top 5 Strategies for Managing the End-of-Year Collections Frenzy

Thu, 2024-10-10 15:32

End of year collections are crucial for law firms because they allow them to maximize their revenue for the year, impacting profitability, partner distributions and bonus calculations by ensuring outstanding invoices are paid before the year closes, which is especially important for meeting financial targets and managing cash flow throughout the firm.

       

Binance's Singapore Attorney Is Shattering Crypto's 'Bro Ceiling'

Thu, 2024-10-10 15:28

"The fact that it is a new, nascent industry provides women with the opportunity to be in those roles and to be able to progress very quickly," said Eleanor Hughes, general counsel for Binance.

       

GCs Face Peril as Foreign Bribery Probes Second-Guess 'Routine' Advice

Thu, 2024-10-10 15:26

"Very often, companies don't even realize that they are interacting with state-owned entities or third-party intermediaries with links to local government,"said Snez ana Gebauer, a partner at StoneTurn.

       

US Judge Sets May Trial Date for Sean Combs as Defense Fends Off 'Damning' Tape

Thu, 2024-10-10 14:44

Assistant U.S. Attorney Emily Johnson told the court the government's case is expected to last three weeks, though that could change if prosecutors obtain a superseding indictment which she called a "possibility."

       

DOJ: TD Bank Agrees to Pay $3B Over Anti-Money Laundering Program Violations

Thu, 2024-10-10 14:42

"TD Bank created an environment that allowed financial crime to flourish," U.S. Attorney General Merrick Garland said. "By making its services convenient for criminals, it became one."

       

Child Welfare Agency, Hotel Agree to $9.4M Settlement With Trafficking Victim

Thu, 2024-10-10 11:28

The agreement resolved the plaintiff's claims against a child welfare agency that placed her in a foster home with the man who would become her trafficker, as well as her claims against a hotel where she was trafficked.

       

JAMS Launches Initiative to Leverage AI Technology in Dispute Resolution

Thu, 2024-10-10 11:01

The initiative, called JAMS Next, will see the organization leverage testimony management and court reporting platform Prevail to offer AI transcript services, among other changes.

       

Cleary Creates Nonequity Partner Tier, Calling for 'Innovation and Adaptation'

Thu, 2024-10-10 09:55

"We are not doing it to create a different leverage model within the firm," said managing partner Michael Gerstenzang. "We are doing it to create more opportunities in promotion and development."

       

'Spycraft' by Employers Raising Alarm as Technology Advances

Thu, 2024-10-10 08:47

"We really need to tread carefully," said Nikki Rivers, an associate at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo.

       

A Reporter and a Mayor: Behind the Scenes During the Eric Adams Indictment News Cycle

Thu, 2024-10-10 07:30

One reporter's peek inside the 48 hours surrounding the indictment of New York City Mayor Eric Adams on charges including wire fraud, solicitation of contributions from foreign nationals and bribery.

       

Are Law Firms Themselves to Blame When a Client Refuses to Pay?

Thu, 2024-10-10 06:37

With law firms facing longer debtor days and having to take clients to court over unpaid bills, in-house counsel and partners explain what firms can do to address what many call a system in dire need of an overhaul.

       

Class Action Lawsuit Targets 40 Private Colleges and Universities Over Alleged Price-Fixing

Wed, 2024-10-09 18:51

"The financial burden of college cannot be overstated in today's world, and we believe our antitrust attorneys have uncovered a major influence on the rising cost of higher education," Steve Berman, managing partner and co-founder of Hagens Berman, said.

       

Critics Ramp Up Ongoing Battle With SEC Over Settlement 'Gag Rule' in 9th Circuit

Wed, 2024-10-09 18:38

The policy, enacted by the federal securities markets regulator in 1972, prohibits individuals and companies settling with the SEC from publicly admitting or denying the SEC's allegations against them. According to the NCLA, the rule is a First Amendment violation.

       

Girardi's Lawyers Move for New Trial: He Doesn't Remember Jury's Verdict

Wed, 2024-10-09 18:29

Tom Girardi's lawyers asked a federal judge on Tuesday to toss his conviction because he wasn't competent enough to understand his own criminal trial.

       

Westchester Med Mal Case Resolved in Record Pre-Verdict Settlement for $35.6 Million

Wed, 2024-10-09 17:51

The case was tried by Thomas Moore and Judy Livingston of Kramer Dillof Livingston & Moore.

       

GlaxoSmithKline Settles Most Zantac Lawsuits for $2.2B

Wed, 2024-10-09 16:59

The settlement, announced on Wednesday, resolves 93% of all Zantac cases in state courts against GlaxoSmithKline.

       

Judges Support Proposed Rule Requiring Court's Approval to File Amicus Briefs

Wed, 2024-10-09 16:42

Judge Sidney Thomas of the U.S. Court of Appeals for the Ninth Circuit said allowing an amicus brief to be filed based only on consent of the parties leads to recusal problems if the brief presents an ethical conflict for a judge.

       

Big Law Making Top IP Partner Hires as 'Demand Far Outweighs Supply' of First-Chair Patent Litigators

Wed, 2024-10-09 16:31

Several firms are working to beef up their intellectual property offering.

       

The Del. Supreme Court Could Make the Next Big Move in Anticompetitive Agreements. Here's How.

Wed, 2024-10-09 15:59

What the court hasn't explicitly weighed in on, and what the Seventh Circuit is asking it to clarify, is whether forfeiture for competition agreements in other types of contracts are subject to a court's analysis of their reasonableness.

       

Mango Labs Sues Ex-Employees for Over $10M After 'Egregious' Governance Nightmare

Wed, 2024-10-09 15:10

"It's good for the industry to take a stand against this kind of conduct," said Michael Burshteyn, a shareholder at Greenberg Traurig.

       

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