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Consistent Demand and Increased Rates Help Dorsey Edge Closer to $500M Mark

Wed, 2024-02-21 15:37

Dorsey wouldn't close the door on any merger opportunities, said managing partner Bill Stoeri, but adding he's probably more amenable to group laterals and smaller firm acquisitions.


'Reckless and Negligent': Ousted CEO's Caustic Email Underscores Perils of Giving Top Brass the Boot

Wed, 2024-02-21 15:33

The Planet Fitness board in September removed Chris Rondeau as CEO but said he would remain on the board. Rondeau now has resigned as director and sent the board a parting message lamenting the direction of the company.


Boeing Under Fire for Allegedly Conning Smaller Companies Into Contracts in Slew of New Cases

Wed, 2024-02-21 14:53

"The notion that Boeing with its armies of lawyers, bankers, and consultants could be outmaneuvered by a mid-sized Charlotte family investment firm is utterly absurd," said Michael Forde of Forde & O'Meara, who is representing a company claiming the aerospace giant conned the business into buying a near-bankrupt parts supplier.


Quinn Emanuel's 38% PEP Growth Came From Heightened Leverage, High-Profile Cases

Wed, 2024-02-21 14:48

Roughly 8% of the firm's $2.07 billion in revenue came in the form of contingency fees, according to Michael Carlinsky, one of three co-managing partners at the firm.


'Baseless 3-Year Vendetta': Lawyer Accuses Blank Rome of Backing Frivolous Suit Against Her

Wed, 2024-02-21 14:37

The plaintiffs allege that the defendants' intent with the suit was to "financially ruin Ms. Turner and destroy her reputation by bringing the resources of a large law firm to bear against her."


Utah Supreme Court Reverses $450K Survival Claim Due to Lack of Evidence

Wed, 2024-02-21 14:35

The five-judge panel said the plaintiff presented insufficient evidence to prove that the doctors' negligence caused her mother to experience a diminished quality of life between the eight hours spanning the withdrawal of care and the time of her death.


Bankman-Fried Trial Attorneys to Withdraw From Case Before Sentencing, FTX Founder's New Lawyer Tells Judge

Wed, 2024-02-21 14:16

Bankman-Fried's new attorneys, Marc Mukasey and Torrey Young of Mukasey Young, are set to file his sentencing memorandum.


Ga. Appellate Court Upholds Dismissal of Legal-Mal Claim Against Barnes & Thornburg Lawyer

Wed, 2024-02-21 14:11

"Litigation strategy can be much debated among lawyers," Leonard's attorneys, former Supreme Court Justice Keith Blackwell, Steven Collins and Meredith Kingsley of Alston & Bird, wrote in their appellee brief. "That leaves even seasoned litigators open to second-guessing, especially when their decisions are viewed in hindsight after an adverse ruling."


Law Firms, Legal Departments Are Investing in Gen AI, but for Different Purposes

Wed, 2024-02-21 14:08

In addition to highlighting differences in generative AI investments, a LexisNexis survey also found that legal professionals expect generative AI to spur the hiring of more technologists, and the potential loss of some associates and partners.


Stanford and Yale Bumped Up OCI in Response to Precruiting, But Big Law Isn't Backing Down From Direct Applications

Wed, 2024-02-21 14:04

Precruiting will increase in 2024, Big Law recruiting directors said, despite two law schools' recent efforts to place more students through virtual on-campus interviews.


JD-Next Exam Garners Comments Raising Concerns Over Validity, Accessibility

Wed, 2024-02-21 13:47

"There are significant issues which must be addressed related to the security, integrity, scalability, and accommodations available for the JD-Next exam," wrote one commenter.


The 2024 American Lawyer Laterals Report

Wed, 2024-02-21 13:35

Hiring data from last year, compensation system changes as recruiting tools, how the world of recruiting really works, how firms evaluate the ultimate success of lateral hires—and of course, the Top Lateral Hires of 2023.


Big Law's Top Lateral Hires of 2023

Wed, 2024-02-21 13:30

These laterals encapsulated and helped drive their new firms' strategies, brought considerable books of business or considerable teams (or both) with them, and made the year's big headlines and created industry-wide ripple effects.


Supreme Court Grills EPA Over Agency's 'Good Neighbor Plan'

Wed, 2024-02-21 13:28

The conservative justices express sympathy with the argument that the EPA failed to address potential legal defects in its effort to reduce gaseous pollutants.


US Firms Benefit as Latin America Capital Markets Activity Roars Back

Wed, 2024-02-21 13:09

Cleary Gottlieb, Davis Polk, Shearman and Simpson Thacher are among the firms busy advising the region's state and corporate issuers as market conditions welcome debt and even some equity offerings.


About the Awards: Southeastern Legal Awards Q&A with Regional Managing Editor Michael Marciano

Wed, 2024-02-21 12:18

Deadline is looming for nominations in the 2024 Southeastern Legal Awards.


Treatment of Antibody Claims In the U.S. After 'Amgen v. Sanofi'

Wed, 2024-02-21 10:54

The future of antibody claiming in the United States is uncertain following the U.S. Supreme Court's ruling in 'Amgen Inc. v. Sanofi,' a highly anticipated decision concerning enablement and whether the traditional way to claim antibodies — claiming antibodies by their function — will survive as a valid claiming strategy.


DeSantis Takeover of Disney's Home District Inflated Its Legal Budget by More Than 60%, Mostly Going to District's New Counsel

Wed, 2024-02-21 04:00

The biggest beneficiary is Winter Park-based boutique Fishback Dominick, which earned nearly $700,000 in the second half of 2024 from the Central Florida Oversight Tourism District. The firm hadn't previously billed the entity in recent years.


Quinn Emanuel's John Quinn: 'Climate Change-Related Litigation Is Going to Be a Real Growth Area'

Tue, 2024-02-20 17:30

John Quinn, co-founder of one of the world's leading litigation firms, talks about global litigation opportunities, the rise of class actions in Europe and podcasting about the law.