“This complaint speaks to your average investor's lack of knowledge or unfamiliarity with these assets, highlighting the importance of diligence and understanding about what you are buying, said Jonathan Groth, a partner at DGIM Law.
Herbert Smith Freehills and others need to adopt a Paul Weiss-style focus on key individuals if they want to compete in America
Justice Sonia Sotomayor, joined by Justice Neil Gorsuch, questioned the idea that police destruction of property should be treated differently than eminent domain cases.
"In a time of AI and technology and innovation, maybe some of the most important qualities to build on and to really dig in on are those things that AI can't do,” Microsoft GC Jon Palmer told Berkeley Law's Irene Liu. "Things like common sense and good judgment, which is just the experience that you get from life and from your job."
"This outrageous verdict simply does not reflect the straightforward and uncontested facts of this case," a Walmart spokesperson said. "Accordingly, we will pursue all available remedies."
The issue concerns the liability of internet service providers for their users' music piracy.
The former U.S. Attorney General headlined the Government Investigations & Civil Litigation Institute conference in Fort Lauderdale, Florida.
Williams said he would step down at 11:59 p.m. on Dec. 13. Current Deputy U.S. Attorney Edward Kim will succeed him.
"There's more need for legal services. The question is how will that need be satisfied?" said professor Richard Susskind, an internationally recognized authority in the world of artificial intelligence.
A Marshall, Texas jury awarded Netlist $118 million, finding Samsung Electronics infringed on three of its patents.
“We've seen some rhetoric out of the president-elect, Elon Musk, and chairman-designate Brendan Carr targeting the media. Around the edges, clients are asking questions about what that means and whether they should be concerned, said Wiley's Kathleen Kirby.
A federal rules committee last month agreed to look at whether to disclose litigation financing, and a bill is pending in Congress.
"One of the most important skills is being a good listener. You can't know what your partners need to further their success if you don't listen. Engaging with our partners so as to understand their practice, their market, their needs and their challenges are key to understanding how best to proceed."
Law firms are navigating a paradigm shift in how they approach office space. With the rise of flexible workplaces, firms are finding that when their attorneys do come into the office, the main goal is to connect and collaborate with peers — and this shift has transformed how law firms address their real estate needs.
Regardless of how a company proceeds with identifying AI governance challenges, and folds appropriate mitigation solution into a risk management framework, it is critical to begin with an AI governance program.
“We should always be careful about the cases we bring, but we should also be fearless, said Nick Brown, Washington state's incoming attorney general.
Elizabeth Stotland Weiswasser and Ray Schrock, both among Weil's top 10 rainmakers with significant books of business, were unwelcome departures, sources say. Weiswasser in particular was seen as a potential future leader of Weil.
Swan Bitcoin, which retained Gibson, Dunn & Crutcher in September as counsel in trade secrets litigation, claims the firm "betrayed its client for Tether's billions."
In a number of hot-button cases, the Trump administration is expected to disavow the current U.S. solicitor general's arguments to the Supreme Court.
As Vidal prepares to transition back to private practice, rejoining Winston & Strawn in Silicon Valley and Washington, D.C., the outgoing director of the USPTO spoke with The Recorder about the key challenges ahead on IP, AI and innovation.
Atlanta partner Phyllis Sumner balances availability to clients with competing in equestrian competitions.
"We are starting to see firms focus on capital markets associate hiring in anticipation of increased debt and equity offerings in a decreased SEC regulatory environment," said Lateral Link Managing Director Jesse Hyde.
“This decision affirms the importance of applying legal frameworks as intended and avoiding the temptation to force novel technologies into ill-fitting regulatory categories, said Tonya M. Evans, a tenured professor at Penn State Dickinson Law whose research includes digital assets.
The court ordered a machine manufacturer to provide a more detailed privilege log regarding items obtained during an inspection of a machine that caused the plaintiff's husband's death.
“Despite the increased inventory, we want to keep it current," Administrative Judge Daniel Anders said, "and to do that we're going to have to increase the number of pretrials and trials scheduled.
While firms didn't rush to match Milbank's special bonuses in August, Cleary, Davis Polk, Weil, Skadden Arps, Cadwalader, and O'Melveny are the latest to join the ranks of those matching Milbank's summer and end-of-year bonus schedule.
Prior to her two years at Binti, Singh spent six months at Patreon, as deputy general counsel. She served as assistant general counsel of Pinterest from 2018 to 2022.
"We do not think or do not deem it necessary that the agreement itself should be disclosed," said Susanne Augenhofer, a professor at the Austrian-based University of Innsbruck and visiting professor at Yale Law School. "Yes to disclosure, but only to the identity of the funder and the fact that a third-party funder is involved."
The U.S. Securities and Exchange Commission accused the shipping company of failing to follow generally accepted accounting principles and “materially misrepresenting its earnings while valuing its freight business in preparation for a sale.
"Internal control related to the preparation and review of the financial statements and footnotes was not properly designed and implemented to prevent, detect or correct errors and omissions," wrote Allmond & Co., a Lanham, Maryland-based accounting firm.
"Zeikos's counsel made roughly 300 objections during Mr. Goldstein's deposition. ... The objections' numerosity alone might be enough to be considered obstructionist, but upon review of them in the full context of the deposition, the court notes it would fail to sustain about 90% of them," wrote U.S. Magistrate Judge Keri L. Holleb Hotaling in a business dispute against Walgreens.
We're honoring law firms of all sizes this year in our Pennsylvania Litigation Departments of the Year contest.
Sunshine State firms have been having a harder time keeping up with their competitors to the north, after an interval where they were outpacing these rivals, according to a Wells Fargo legal market survey.
The unexplained dismissal followed a hearing during which the justices struggled to determine when a company must disclose that a future risk to its business has occurred in the past.
Tit-for-tat regulations between China and the U.S. have helped Quinn Emanuel Urquhart & Sullivan thrive in China. Will Trump's leadership expedite its growth?
Judge Juan Merchan of the Supreme Court of the State of New York also allowed Trump's defense team to move to dismiss the case.
"My advice would be to think about why you want the role, because it is not an easy job. But if you want it for the right reasons, it can be very rewarding. For me, the right reason is to take a lead role in working towards the greater good for the group and the firm—growing the pie, fostering relationships, and creating a work environment that supports and provides opportunities for everyone from the junior associates to the senior partners."
Samsung has seen a wave of patent litigation targeting its Galaxy devices in Texas in mid-November. At least four companies sued the South Korean electronics titan last week for allegedly infringing on their technology to use in its smartphones, tablets and watches.
The Senate Judiciary Committee on Thursday voted 11-10 along party lines to advance five of President Joe Biden's judicial picks for final consideration in the 100-member U.S. Senate.
Law firm operations are different now. Obviously, the biggest impact of COVID has been the inception and continuation of the hybrid work environment. This has been a kick in the pants for law firms to migrate to a digital working environment
Match Group VP of Global Labor & Employment Katie Dugan and Herrick Partner, Employment Chair and Litigation Co-Chair Carol Goodman discuss the legal landscape surrounding pay equity, as well as the evolving demands from the workforce.
Syllo Executive VP Eric Wall discusses barriers to the adoption of artifical intelligence, or AI, by litigation counsel and how those barriers can be overcome.
After seven days of deliberations, a jury in Oakland, California, failed on Thursday to reach a verdict.
The agreement sinks the nominations of Adeel Mangi for the U.S. Court of Appeals for the Third Circuit, Ryan Park for the Fourth Circuit, Julia Lipez for the First Circuit and Karla Campbell for the Sixth Circuit.
The nomination comes hours after Matt Gaetz withdrew his nomination for the position.
“If you can't block repeal, you can at least add more speed bumps," said Berkeley School of Law professor Daniel Farber.
Judges Amul Thapar and Karen Nelson Moore disagree on whether the ballot procedures merely impose "a threshold requirement that proponents must satisfy if they want their speech and signature collection to have legally operative effect.”
The elite firm said Ray Schrock is joining the firm along with two other Weil partners: Candace Arthur and Alexander Welch. Additionally, Andrew Parlen is rejoining from Paul Weiss.
Haynes Boone, defending Chiyoda International Corp., obtained dismissal of $1.3 billion in subrogation lawsuits.
The Senate Judiciary Committee on Thursday voted 11-10 along party lines to advance five of President Joe Biden's judicial picks for final consideration in the 100-member U.S. Senate.
The District Attorneys Association of the State of New York said it still questions the constitutionality of the New York State Commission on Prosecutorial Conduct, and is concerned the watchdog's proposed set of rules might hinder prosecutors' work, a claim denied by agency administrator Susan Friedman.
The court said there are reasonable grounds to believe that Benjamin Netanyahu and former Israeli Defense Minister Yoav Gallant "intentionally and knowingly" deprived the civilian population in Gaza of objects indispensable to their survival.
At Fried Frank, Ropes & Gray and McDermott, some associates could earn even more than the Big Law scale for year-end and special bonuses.
The legal battle between the New York Times Co. and OpenAI over the AI developer allegedly training its generative AI models on copyrighted New York Times content has run into a dispute over the recovery of erased data.
Target had used English bull terriers supplied by California-based Worldwide Movie Animals for 22 years, according to the suit.
The program "was not structured so as to meaningfully combat discrimination within Lululemon... as a result, Lululemon employees continued to experience discriminatory treatment," according to two shareholder complaints.
Gensler made a regulatory choice on the crypto industry that was characteristic of a heated classic debate in administrative law: the degree that you want to consult with the industry in your enforcement, said Dorothy Lund, a leading expert on securities regulation.
The Adani Group has slammed as "baseless" fraud and bribery charges brought by the feds against its chairman.
“You appease the government by trying to do the right thing," said Xavier Cunningham, a supervisory attorney adviser at the Justice Department.
The legal community has had a much more positive reaction to Blanche, Bove and Sauer's selection for DOJ leadership roles, believing their legal and prosecutorial background provides some stability for the agency.
A jury in Dallas federal court awared the parents of Botham Jean $98.65 million for his death at the hands of a Dallas police officer.
Johnson & Johnson subsidiary Red River Talc, which filed for bankruptcy to resolve talcum powder lawsuits, moved to sanction Beasley Allen's Andy Birchfield after he did not appear for a Monday deposition.
The appeals court heard arguments on whether a company's physical presence in a state gives local federal courts personal jurisdiction over claims based on the business' website.
OutsideGC Director of Business Development Virginia Griffith discusses practical strategies for managing outside counsel costs while maintaining high-quality legal services.
Moses Singer Partner and AI & Data Law Practice Group Chair Bill Tanenbaum discusses the knowledge and tools needed to effectively navigate AI adoption within their organizations.
Competitors may sneer at the flashy billboards, but leaders argue the ads work as the firm grows into sophisticated practices across the U.S.
The U.S. Senate also confirmed Rebecca L. Pennell to the Eastern District of Washington.
Senior U.S. District Court Judge Alvin Hellerstein deferred ruling on restitution and ordered the parties to return to court on Thursday to discuss forfeiture.
"Sometimes, you know you won't change someone's mind, but you have to listen to them anyway. That dialogue can uncover unexpected insights," said Margaret Egan, general counsel Hyatt Hotels & Resorts.
"It took only six months for Mr. Giuliani to resume his defamatory campaign,” the filing states.
Penn State Law and Penn State Dickinson Law's reunion is moving full-steam ahead after the schools were initially separated in 2014.
While Big Law shunned Trump, a cadre of elite conservative lawyers threw their lots in with the Republican candidate and are being rewarded with prestigious jobs in his incoming administration.
On Monday, Jonathan Labukas, a partner with Quarles and Brady in Washington, D.C., filed an appearance for the German-based footwear company in a declaratory action filed by Brooks Sports in the U.S. District Court for the Eastern District of Virginia.
After months of analysis, Law.com International names the top 25 private equity lawyers aged under 40 across the commercial legal market.
“I've never seen anything quite like what happened here, U.S. District Judge Lewis Kaplan told the defendant, who he said had “limited culpability" in the massive fraud that led to the collapse of the fund and some $11 billion in investor and lender losses.
The merger between Sperling & Slater and Kenny Nachwalter will go into effect in December, and the combined firm will be known as Sperling Kenny Nachwalter.
“The next chair should: initiate rulemaking, withdraw the pending cases against crypto that do not involve fraud, and balance investor protection with promoting American innovation, Paul Grewal, the chief legal officer of Coinbase Global Inc., said.
“Any disruption occasioned by the transfer of the executive power could produce results detrimental to the safety and well-being of the United States and its people, the letter states.
Two Houston companies filed a lawsuit against DLA alleging that once the firm discovered that the individual was not licensed, they fired him and attempted to cover up the situation.
"Take the time to develop a practice area you really care about and build relationships around that work, both inside and outside of your firm. It will motivate you to continuously improve your practice, which is critical to your long-term success as a partner and your career satisfaction."
CVS, Cigna and UnitedHealth are firing back at the FTC in the wake of an administrative complaint the agency filed in September accusing their PBMs of artificially inflating insulin prices through a process it likened to "bribes."
The Path in the Multiverse was conceived with a singular objective: to elevate the client experience by encouraging intentional, consistent interactions while incentivizing behaviors that drive superior client service.
As the relationship between in-house and outside counsel continues to evolve, lawyers must continue to foster a client-first mindset, offer business-focused solutions, and embrace technology that helps deliver work faster and more efficiently.
"The attorney general will be able to stop things from being done a lot easier than making prosecutions where they can't make them," noted one white-collar defense lawyer.
Studs, Inc. Associate General Counsel Julie Cantor discusses the strategies and insights needed to structure privacy programs that not only comply with legal mandates but also deliver measurable outcomes.
AGC America, Inc. President & CEO & General Counsel Chris Correnti discusses the pressing issues that keep litigation teams up at night and practical strategies to mitigate risks, enhance efficiency, and ensure successful outcomes.
The road to becoming the largest plaintiffs firm in the country isn't without detractors.
Cravath, Paul Hastings and McDermott have all confirmed they are granting "special bonuses" that are in line with Milbank's summer bonus scale.
In a statement, Paul Weiss chair Brad Karp called Elizabeth Stotland Weiswasser and Anish Desai "two of the most accomplished and respected litigators in the country."
The defense team argues the notes were clearly priveledged, as they were on legal pads and marked in ink as “legal or contained in manila envelopes that had the word “legal written on the front.
“There is a prevailing view that Republicans are not particularly aggressive in enforcement of these types of regulatory cases typically brought by the SEC, and I don't think that's true necessarily—at least in the FCPA space," said Richard Hong, a partner at Morrison Cohen.
A magistrate judge allowed the firm to drop its representation of a company suing Samsung for patent infringement.
The United States has designated Iran a “state sponsor of terrorism since January 1984, exposing Iran to potential liability under the state sponsor of terrorism exception to the Foreign Sovereign Immunities Act.
Billing rate growth continues to drive law firms' performance in 2024.
According to the case law from the U.S. District Court for the District of Massachusetts, courts may consider indirect costs such as health and safety along with direct economic costs when determining an "undue hardship" from granting an accommodation.
After consolidating 18 class action complaints surrounding a chemical fire at a BioLab plant in Georgia, a federal judge has appointed 16 attorneys from separate firms in Georgia, Florida, Illinois, Indiana, New York, Tennessee, and Puerto Rico as interim class counsel and committee members.
"Courts, including in this district, have resoundingly rejected this approach, dismissing willful infringement claims where a complaint alleged that a defendant learned of the asserted patents solely through the filing of the complaint," attorneys with DLA Piper wrote on behalf of Apple's motion to dismiss a patent suit brought by SiOnyx over night vision technology.
A Minnesota U.S. District Court judge found that the investor lawsuit relied on testimony from employees without personal knowledge of the retailer's purchasing strategy.
The U.S. Senate confirmed a federal magistrate judge to the U.S. Court of Appeals for the Eleventh Circuit on Monday to fill an emergency seat. However, what happens to the four more emergency seats in Florida?
The Manhattan District Attorney's Office said further proceedings before the court should be adjourned to accommodate the litigation over a defense motion to dismiss—possibly until after Donald Trump concludes his upcoming presidential term.
"Our goal is to work with firms to reach common objectives, not to simply cut the bill," said Marni Friedlander, general counsel of the American Management Association.
EXOS Senior Vice President & General Counsel Marc Mandel discusses how leading legal departments are harnessing the power of data, analytics, and artificial intelligence (AI) to optimize their internal resources and reduce reliance on costly outside counsel.
Verizon Counsel Avery Pollard discusses how navigating internal investigation can be a critical test for an organization's legal and compliance program.
A former legal academic has been sentenced to 10 years in prison, while a barrister has also been sentenced.
“The thrust of our jobs is when things in the business go right, because that's when we gain trust within the company, said Obiamaka Madubuko, chief ethics and compliance officer of Visa.
“All indications are that the SEC's sweep' regarding off-channel communications will come to an abrupt end once Trump's appointees take the reins at the SEC," said David Oliwenstein, a partner at Pillsbury Winthrop Shaw Pittman.
In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
If the firm waited any longer for a merger, it may have been vulnerable to the same fate that other New York-founded firms outside the Am Law 50 have seen.
Kidd, confirmed on a 49-45 vote, will be President Joe Biden's second appointee to the federal appeals court that covers Alabama, Florida and Georgia.
On Nov. 15, U.S. District Judge Yvonne Gonzalez Rogers allowed school districts' public nuisance claims to go forward against social media sites including Instagram and TikTok.
The Health Resources and Services Administration has “invoked the nuclear option of removal from not only the 340B program but also Medicaid and Medicare Part B if manufacturers implement a cash replenishment model, counsel for Eli Lilly—the manufacturer of Mounjaro, Trulicity and other treatments for weight loss or diabetes—alleged in their complaint.
Specific litigation areas are driving demand for Big Law. Meanwhile, IP is the only law firm practice that saw a slowdown by Q3, according to one report.
Lawyers leading the India desks of international law firms comment on penetrating the market and the challenges that come with it.
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.
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."
"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.
“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.