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Global Tech Outage Affects NY Court System Statewide Early Friday

Fri, 2024-07-19 10:34

Many staff arrived at work to find their desktops inoperative, a source said. An Office of Court Administration spokesperson said there were no significant disruptions to in-person, courthouse operations so far.


Cooley London Head Leads Team Exit To Akin

Fri, 2024-07-19 05:18

The three-partner team is headed up by Justin Stock, the London managing partner of the Palo Alto-headquarted firm.


Stricter Lateral Exit Policies Become More Common Across the Legal Industry

Fri, 2024-07-19 05:00

Law firms are increasingly using lateral departure deterrence methods, such as punitive non-competes or debits for unpaid bills, legal industry sources say.


Debevoise, Cleary Expand San Francisco Space, Seeing Opportunity in City Resurgence

Fri, 2024-07-19 00:47

The New York firms are betting that the tech industry, and the talent necessary to work its matters, are bouncing back in San Francisco.


The Law Firm Disrupted: A New Opportunity isn't a Betrayal

Thu, 2024-07-18 19:01

Punitive measures for departing partners are on the rise.


'Chevron' Deference's Demise Likely Emboldens EPA's Opponents, Environmental Law Experts Say

Thu, 2024-07-18 18:24

The Environmental Protection Agency will "face a much more skeptical federal judiciary," said Robert Glicksman, a George Washington University law professor.


Two Circuit Judges Show Glimmer of Hope for Administration in States' Title IX Regulation Challenges

Thu, 2024-07-18 18:10

"The Sixth Circuit has telegraphed that the expansion of Bostock v. Clayton County's definition of sex discrimination into other areas, including Title IX, is likely dead on arrival or at least in for a substantial uphill battle," Patricia Hamill, a member and co-chair of the Title IX and campus discipline practice at Clark Hill, said.


8th Circuit Revives Homeowner's Coverage Dispute Against Nationwide Following 'Public Auction' Confusion

Thu, 2024-07-18 17:25

The Eighth Circuit considered whether Nationwide met its burden to show that an ordinary person would understand that a post third sale offering of a tax-delinquent house is a public auction.


Judge Tosses Most of Landmark SEC Suit Alleging SolarWinds and Its Security Chief Hid Cyber Vulnerabilities

Thu, 2024-07-18 17:24

But Judge Paul Engelmayer's ruling did not challenge the SEC's decision to include Chief Information Security Officer Tim Brown as a defendant—a decision that has rattled the cybersecurity industry.


Ex-CEO Faces SEC Complaint in Alleged Scheme to Take Over Trump Media

Thu, 2024-07-18 17:13

The SEC seeks disgorgement of any alleged "ill-gotten gains" from Miami businessman Patrick Orlando and civil penalties on allegations he gave false statements concealing a plot to acquire Trump Media.


Chancery Signals Overbroad Anticompetitive Agreements Won't Cut It—Again

Thu, 2024-07-18 17:11

The ruling represents an exception from the court's customary pro-contract mentality.


'An Entrepreneur and a Visionary': US Judge Sentences Ex-Crypto Exchange Founder to Time Served

Thu, 2024-07-18 17:09

The judge explained that under the American Bar Association's "shadow guidelines"—an alternative the United States Sentencing Commission's sentencing guidelines—he felt that Anatoly Legkodymov had already served a sentence in that range during pre-trial detention.


A Change Is Coming to the Bar Exam—And Some Lawyers Are Skeptical

Thu, 2024-07-18 16:25

"One important consideration was addressing the subjects Florida attorneys have identified as necessary for entry-level attorneys to know," Bar Examiners said.


Family and Civil Court to Add 28 Judges Under Bill Signed Into Law

Thu, 2024-07-18 15:59

The reinforcements are expected to ease a crisis of thousands of backlogged cases.


FINRA Hires Senior JPMorgan Chase Attorney to Lead Beefed-Up Enforcement Team

Thu, 2024-07-18 15:40

Julie Glynn is boomeranging back to FINRA, where she spent seven years as an enforcement attorney before joining the banking giant in 2011.


A&O Shearman Implemented $50,000 Referral Bonus on Merger Completion

Thu, 2024-07-18 15:23

Kirkland & Ellis isn't the only Big Law firm offering $50,000 for successful placements in today's market.


'Slow Time Bomb': Attorney Sells Law Practice, Prompted by SCOTUS Ruling

Thu, 2024-07-18 15:22

"If it's going to cost us more to litigate than we can win, you've gutted Title IX without it being obvious," said Washington, D.C. plaintiff lawyer Laura Dunn.


Kirkland, Winston and Sidley Have Grown Briskly in Miami, Outpacing Other Big Law Recent Arrivals

Thu, 2024-07-18 14:48

Even the slower growing Am Law 100 firms that have arrived since 2018 have avoided major setbacks. "Miami has just become more sophisticated as a legal market," explained one local recruiter.


Federal Judge Orders $34K in Discovery Sanctions Against Dechert Client

Thu, 2024-07-18 14:43

Plaintiff's counsel with Ice Miller submitted a list of the work performed by four attorneys, which included 65.2 hours over the course of six months preparing and litigating the second motion to compel. The court concluded this was a reasonable number of hours, and agreed that the requested hourly rates ranging from $395 to $693 were lower than rates in a 2023 case in which the district court approved the rates of $1,085 for a partner and $735 for a senior associate.


Brazilian CLM Provider netLex Raises $22.7 Million, Seeking Global Expansion

Thu, 2024-07-18 14:41

As Brazilian legal industry eyes more automation to ease its caseload, CLM provider netLex hopes to accelerate its growth inside and outside the country with its latest funding round.