Bloomberg Law
Business & Practice

Elon Musk’s Tesla Pay Vetted by Sidley, Ex-Kirkland Partner

Sidley Austin is advising the Tesla Inc. special committee recommending that shareholders approve a $56 billion pay package for the company’s top executive, Elon Musk.

DOJ Bankruptcy Unit Opposes Invitae’s Bid to Hire Kirkland

Kirkland & Ellis LLP can’t represent genetic testing company Invitae Corp. in its Chapter 11 case because the law firm has a significant conflict of interest, the Justice Department’s bankruptcy watchdog said.

Mintz Sues Clients for $4 Million in Unpaid Legal Fees, Interest

Two former Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. clients allegedly owe the firm more than $4 million in unpaid legal fees and interest, according to a complaint filed Tuesday.

Patent AI Notice Spurs Concerns of Dueling Disclosure Priorities

New guidance on the use of artificial intelligence tools in the patenting process may push applicants to limit certain information and increase clients’ risk of having patents invalidated down the road, attorneys said.

Walmart’s $101 Million Loss Is Win for Firm, Funder in Suit

A Manhattan litigation boutique and its outside funder recently scored a $101 million jury verdict against Walmart Inc. on the company’s home turf.

Latest Stories

Starbucks’ Path to Settling With Union Laden With Legal Hurdles

Starbucks Corp. and the Workers United union are set to begin long-awaited negotiations next week, kicking off a process that must contend with federal labor board complexities before the hundreds of pending charges against the coffee giant could be put to rest.

ChatGPT Will Come for Partners’ Work in Contract Law, Says Prof

David Hoffman is a University of of Pennsylvania law professor who specializes in contracts. When he looks into the future of contract disputes, he sees a world that’s been dramatically altered by the technology underpinning ChatGPT. Big Law partners might not enjoy the view.

Big Law's Big Paychecks: Partner Compensation, Explained

Law firm partners in Big Law earn a lot of money, but just how much they make can vary widely. Whether it's equity or non-equity or merit versus lockstep, this video explains what goes into determining the size of those paychecks at elite law firms.

From Across Bloomberg Law

Crypto News Environmental, Social & Governance (ESG) Privacy & Data Security Law News The United States Law Week
  • Crypto News
  • Environmental, Social & Governance (ESG)
  • Privacy & Data Security Law News
  • The United States Law Week

Binance Still in Talks Over Choosing its Headquarters, Teng Says

Binance is in talks with a number of jurisdictions on the matter, Chief Executive Officer <-bsp-person state="{"_id":"0000018e-f087-d583-afbf-f2df141d0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Richard Teng says in an interview on Bloomberg Television.

Binance Gets Full Dubai Permit After Zhao Cedes Control of Unit

Binance Holdings Ltd. received its long-sought full crypto license in Dubai after co-founder <-bsp-person state="{"_id":"0000018e-f087-d583-afbf-f2df14390000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Changpeng “CZ” Zhao agreed to give up voting control in the local entity, according to people with knowledge of the matter.

Ex-Coinbase Executive Joins a16z-Backed Matter Labs as President

<-bsp-person state="{"_id":"0000018e-f085-d583-afbf-f2dd2e020000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Nana Murugesan,previously charged with leading Coinbase Global Inc.’s international expansion effort, is joining <-bsp-bb-link state="{"bbHref":"bbg://securities/1750366D%20US%20Equity","_id":"0000018e-f085-d583-afbf-f2dd2e030000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Matter Labs as its first president, hoping to guide and scale the blockchain startup into maturity.

Binance Converts Entire Billion-Dollar Emergency Fund Into USDC

The world’s largest crypto exchange <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018e-f0b0-d583-afbf-f2fc40a80000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance has converted the entire pool of assets held in an emergency fund for users into USDC, the stablecoin issued by US firm <-bsp-bb-link state="{"bbHref":"bbg://securities/1700828D%20US%20Equity","_id":"0000018e-f0b0-d583-afbf-f2fc40a80001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Circle Internet Financial.

War in Ukraine and Life-or-Death Choices for Big Law

Big Law's Addiction to 'Prestige' Numbed by Pandemic (Podcast)

Want to Diversify Big Law's Pipeline? Start With Law Schools

Can Big Law Get It Right for Black Lawyers?