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Corporate Counsel Announces Finalists for the 2024 Best Legal Department Awards

Tue, 2024-08-20 00:35

Corporate Counsel's editorial department is pleased to announce the finalists of our 2024 Best Legal Departments awards. We have selected outstanding corporate legal departments and legal leaders that stood out this past year.

       

Law Firms Could Post 'One of the Strongest Years We See'

Mon, 2024-08-19 19:11

Citi's Global Wealth at Work Law Firm Group found the industry continued its momentum from the first quarter.

       

'You're in Trial. You're Sick Again': Addressing Attorney Stress

Mon, 2024-08-19 18:34

"My wife would always say, 'Oh, you're in trial again. You're sick again.' And I would blow it off," said a trial attorney who correlates stress with illness.

       

'Business Mindset': McGuireWoods' Jeffrey Connor on His New Role as COO

Mon, 2024-08-19 18:28

Jeffrey Connor, who has been McGuireWoods' chief financial officer since 2015, was named as the new chief operating officer last week.

       

Facing a Shrinking Talent Pool, Insurance Defense Firms Are Fighting to Add Attorneys

Mon, 2024-08-19 18:17

"As insurance carriers become more aggressive with auditing and exceptions and cost containment, that is an impediment to our ability to retain talent," said one law firm leader. "It's having an adverse effect on morale."

       

Judge Dismisses Pharmaceutical Manufacturer's $30M Business Interruption Coverage Claims Over Damaged Pfizer Drug

Mon, 2024-08-19 18:11

"Mere inability to use a room thus does not amount to direct physical loss of the room. Moreover, the policy expressly excludes '[l]oss or damage arising from loss of use.' This exclusion straightforwardly applies to bar the loss of use claim asserted by AMAG here," wrote U.S. District Judge Myong J. Joun of the District of Massachusetts.

       

US Eleventh Circuit Orders New Trial After Judge Tosses $300M Verdict

Mon, 2024-08-19 17:55

"If they get the right expert, they won't get $300 million, but they could get a substantial amount," said Bob Jarvis, a law professor at Nova Southeastern University College of Law.

       

Deal Watch: Deals Abound, Debt Offerings Soar and Private Equity Firms Start Exercising

Mon, 2024-08-19 17:44

Deal work continues its up and to the right trajectory, while work constructing and litigating liability management exercises grows.

       

'Tacit Collusion'?: Verizon Slams Class Action Demanding $268B in Restitution

Mon, 2024-08-19 17:31

"The factual allegations are baseless, the legal claims are frivolous, and the damages figure is pure fantasy," a Verizon spokesperson said of the antitrust class action. "We are confident a court will see this complaint for what it is while Verizon customers continue to enjoy Wi-Fi calling and mobile data as features of their service plans."

       

Chief Bankruptcy Judge Finds Ex-Judge David Jones Acted in Bad Faith in Connection With Informal Interview

Mon, 2024-08-19 16:41

Chief U.S. Bankruptcy Judge Edwardo Rodriguez of the Southern District of Texas issued an opinion on Friday sanctioning former U.S. Bankruptcy Judge David Jones to 7.5 hours of ethics-related continuing legal education.

       

George Santos Pleads Guilty in Financial Fraud Case

Mon, 2024-08-19 16:39

Santos, 36, admitted in court that he and a campaign staffer submitted false reports to the Federal Election Commission and stole the identities as credit card information of campaign donors.

       

'Loper' Deference? EPA Cites Recent Supreme Court Ruling to Defend Power Plant Rule

Mon, 2024-08-19 16:35

The EPA seized on an exception to the 'no-deference' rule in Loper Bright Enterprises Inc. v. Raimondo that applies when Congress has explicitly delegated a policy choice to an agency.

       

High School Internships Offer Window Into Big Law for Underserved Communities

Mon, 2024-08-19 16:28

"We want students to believe that they can have a career in law regardless of the communities in which they lived," said Tamika Edwards, the head of Legal Outreach.

       

Manhattan Prosecutors Defer to Judge on Delaying Trump Sentencing

Mon, 2024-08-19 16:06

Defense attorneys last week argued that the judge must delay sentencing to give the team time to consider interlocutory appeals.

       

CARET Laid Off CEO, CRO and a VP After HotDocs Sale

Mon, 2024-08-19 15:53

The layoffs took place "five to six weeks ago," according to a source with knowledge of the matter.

       

CARET Laid Off CEO, CRO and a VP After HotDocs Sale

Mon, 2024-08-19 15:53

The layoffs took place "five to six weeks ago," according to a source with knowledge of the matter.

       

Employment Suits See Sudden Rise in Connecticut Federal Court

Mon, 2024-08-19 15:52

Among those filing suits is Shakeena Hill, a residential care assistant at a retirement community. Hill claims that she was sexually harassed by a male resident who slapped her buttocks on two occasions.

       

Paul Weiss Adds New Derivatives Partner From A&O Shearman

Mon, 2024-08-19 15:13

Kerri Durso is the latest to join the firm amid continued expansion of its corporate transactions practice.

       

9th Circuit Lifts Portions of Injunction Blocking California's Kids Online Safety Law

Mon, 2024-08-19 15:06

A three-judge panel agreed that some reporting language in the Age-Appropriate Design Code Act is unconstitutional. But the district court should not have blocked other provisions, the judges said.

       

SEC Fines Carl Icahn $2M, Signaling Scrutiny of Margin Loan Disclosures

Mon, 2024-08-19 14:46

The agency says the longtime activist investor failed to disclose that he and his company pledged billions of dollars in stock as collateral on margin loans.

       

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