"Matt has some big ideas that he believes he could work in collaboration with our firm," Morgan & Morgan founder John Morgan told the Daily Business Review on Thursday.

       

Herbert Smith Freehills and Kramer Levin eschewed the model for their upcoming tie-up. So did A&O Shearman earlier this year. But several leaders whose firms embraced the structure say it has served them well.

       

"The Majority had four years to address its concerns with the Collaboration Guidelines—now is not the time," wrote Republican FTC Commissioner Melissa Holyoak.

       

Herbert Smith Freehills voted to remove partner Damien Hazard over a tweet targeting a Jewish lawyer amid a synagogue arson investigation.

       

The measure had broad support when the Senate passed it in August, but Democrats have largely withdrawn their support after Trump's election win in November.

       

The use of generative AI to create highly realistic synthetic video, audio, photos or text to circumvent security measures installed by financial services is on the rise and threatens to cost companies billions of dollars, according to an alert recently issued by the U.S. Department of the Treasury's Financial Crimes Enforcement Network.

       

“With 20/20 hindsight, Blockware could have avoided this whole problem by contracting directly with Bitmain instead of going through a middleman, said Bob Jarvis, a professor at Nova Southeastern University College of Law who is not involved in the matter.

       

Absent Crenshaw's reconfirmation, Trump would be able to nominate her successor. That selection would have to be a Democrat as the five-member SEC may have no more than three Republican commissioners during a GOP presidential administration.

       

"There remains continued uncertainty around NIL agreements in particular—with states, the NCAA and various universities each passing different laws, rules and regulations to govern such deals," said Tim Heafner, a partner at O'Melveny & Myers.

       

This week, the Ohio Supreme Court unanimously agreed that the abatement fund payment did not constitute "damages" under Sherwin-Williams' insurance contracts.        

Antonious Porch joins the magazine giant after helping guide the music-recognition app Shazam to a $400 million sale and helping the music-sharing platform SoundCloud turn profitable.

       

“The Kirkland investment funds group is the size of many Am Law firms in its own right, and we've fundamentally reinvented a meaningful aspect of the work the group does, James Desjardins said.

       

The former law firm executive admitted to using embezzled funds to bankroll personal expenses like payments on Best Buy and Home Depot credit cards and renovations on three houses he owned in California.

       

The Ohio Supreme Court's decision on Tuesday could impact other opioid litigation and possibly influence other mass torts, like those over social media or mass shootings.

       

The firm elected 38 partners and 27 counsel in its latest round of promotions.

       

U.S. Bankruptcy Judge Christopher Lopez said the bankruptcy trustee, acting in good faith, nevertheless "left the potential for a lot of money on the table." But plaintiffs counsel said his clients are remaining "resilient."

       

“One of the things that is really getting lost in this is who's really being affected outside of the judges themselves," said U.S. District Judge Troy Nunley of the Eastern District of California. "It's really the litigant. It's an issue with people having access to the courts and being able to have their cases heard in a timely fashion.

       

The justices said the review was "improvidently granted" in a short order issued Wednesday. According to some lawyer it may be a missed chance for the justices to articulate clear pleading standards under the Private Securities Litigation Reform Act.

       

"We believe that the expert, hard-working, and outstanding members of the Court of Chancery as well as other members of the Delaware judiciary deserve vocal support from the bar when they are the subjects of unfair attack," lawyers said in the letter Tuesday night.

       

Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade Commission and against the large grocery chains. Nelson's decision, along with one from Washington state court Judge Marshall Ferguson, preceded Albertsons announcement that it would abandon the merger plan.