Prosecutors have asked U.S. District Judge Alvin Hellerstein to sentence Archegos Capital Management founder Sung Kook "Bill" Hwang to 21 years behind bars and forfeit $10 billion. But his lawyers say he's only worth $55 million now.

New York's highest court will have an opportunity to get its say on whether the state's revamped, 11-member ethics watchdog is a constitutional body.

“Gensler's framework will continue to exist and be an option for whoever sits at the SEC going forward, said Dorothy Lund, a leading expert on securities regulation and professor at Columbia Law School.

Attorneys from California, New York, Georgia, Tennessee and Alabama outline the state of play in the class action litigation, and the steps they're taking in the hope of becoming interim class counsel.

After a slower Q3, the rate of large corporate bankruptcies picked up in October.

"Unfortunately, the research shows the attrition risk is blinking red," according to the "2024 In-House Report," from Axiom and Wakefield Research.

“Ignoring privacy requests in states where they are legally obligatory creates a huge legal risk. Most companies that do so usually don't have evil intentions but haven't properly configured their consent-management tools," said Jules Polonetsky, CEO of the Future of Privacy Forum.

Col. James H. Kennedy III will transition from the Air Force Judge Advocate General's School to lead the law school in January 2025.

Kathi Vidal, who announced she is stepping down from her role in Washington ahead of the change in administrations, will rejoin the AmLaw 200 firm's litigation department in the Silicon Valley and Washington offices.

"You need a vision of what you want your firm to accomplish, but at the same time, you must be willing to listen and remain open to your partners and their views. Leaders must be good listeners. People want to be heard, and leaders must respect their opinions. You may not always agree, but it is critical that they feel they have been heard."

“We're having this realization in the industry" that law firm partners won't be able to have financial literacy "through osmosis alone," said Fairfax's Kristin Stark.

Tesla CEO and billionaire Elon Musk has filed an amended complaint in his ongoing suit against OpenAI, naming Microsoft and California Attorney General Rob Bonta as additional defendants and adding both federal and state antitrust allegations to his original fraud and breach-of-contract claims against the ChatGPT maker.

Susman Godfrey partner Bill Carmody said the $266 million “verdict was an important step toward helping Baltimore recover so that it can continue to be one of the best cities in America and a place where all of its citizens can be healthy and succeed."

X owner Elon Musk says the so-called Defending Democracy from Deepfake Deception Act violates the constitutional right to free speech as well as content-platform protections in Section 230 of the federal Communications Decency Act.

A jury returned a defense verdict on Friday in the seventh Roundup trial in the Philadelphia Court of Common Pleas.

Next Monday and Tuesday, the General Counsel Conference East will crank up at the Marriott Marquis in New York, offering today's legal leaders insights on growth, innovation and excellence. And Legal Speak will be there.

As he fights disbarment and criminal charges, John Eastman has continued to apply his legal efforts in a forum where he remains technically a member in good standing: the U.S. Supreme Court.

News that Herbert Smith Freehills and Kramer Levin are combining has sparked a wide response, with some pointing to the single profit pool and how it could deliver 'the missing piece'.

"At this stage, the teams are no closer to irreparable harm than they are to the command, 'Drivers, start your engines,' at the first race of the 2025 season," U.S. District Judge Frank Whitney wrote in a Nov. 8 order.

“Many retail investors rely on statements that celebrities make in public, which is different than your generic meme coin minted and launched by an anonymous developer, Peter Grazul of Fitzgerald Monroe Flynn said.