Paul Weiss Houston Launch Stalled as Top Rival Partners Stay Put
Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.
Advocates Urge Law Journal to Disclose Microsoft, Google Ties
A top intellectual property law journal is set to publish a landmark article about the intersection between copyright law and artificial intelligence. A group of advocates say the journal has not done enough to disclose the authors’ ties to the biggest tech companies.
Quinn Emanuel Opens Riyadh Office, Firm’s Fourth in Middle East
Quinn Emanuel Urquhart & Sullivan secured a license to practice law in the Kingdom of Saudi Arabia, following at least 30 other global firms that are vying to gain a foothold in the region.
Ozempic Plaintiffs Committee Includes Motley Rice, Seven Others
A federal judge overseeing litigation over allegedly inadequate side effect warnings on Ozempic and similar drugs appointed eight firms to leadership roles on the plaintiffs’ committee.
Law Firms’ Fee Dispute Over Larry Nassar Suit Heads To Trial
Michigan law firm Lipton Law Center PC can go to trial on its claim that Colorado firm Andrus Wagstaff PC didn’t pay Lipton for work the firms did together representing Larry Nassar abuse victims.
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Citi Spinoff Mints $4 Billion Fortune for CVC Buyout Barons
About three decades ago, a group of Citigroup Inc. dealmakers including Donald Mackenzie, Steven Koltes and Rolly van Rappard left the Wall Street giant to strike out on their own. That decision has proved lucrative, with the trio now among the biggest winners of the long-awaited initial public offering of CVC Capital Partners.
Litigation Finance Industry Group Director Leaves for FTC Role
The executive director of the International Legal Finance Association is leaving the trade group for a role as chief of staff to the new republican commissioner at the Federal Trade Commission.
Fraudster’s Appeal Over Pro Se Representation, Competency Fails
A Louisiana man lost an appeal seeking to undo his fraud convictions after Fifth Circuit said there was no problem with the district court’s decision to allow him to represent himself at trial.
Jones Walker Lawyers Beat Texas Unauthorized Practice Ruling
The Texas Supreme Court said two out-of-state attorneys are permitted to defend age discrimination claims against
UK FCA Doubles Down on Naming Financial Firms Under Probes
The <-bsp-bb-link state="{"bbHref":"bbg://securities/6152Z%20LN%20Equity","_id":"0000018f-1ad5-d583-afbf-daddbe6d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">UK-bsp-bb-link>’s financial watchdog pushed back against criticism of its plan to name firms it’s investigating at an early stage, which it thinks will boost transparency and deterrence.
Tesla Autopilot Probed by US After 20 Crashes in Four Months
The top US auto-safety regulator is again investigating <-bsp-bb-link state="{"bbHref":"bbg://securities/TSLA%20US%20Equity/BICO","_id":"0000018f-1ad5-d583-afbf-daddc3ef0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tesla Inc.-bsp-bb-link>’s Autopilot, this time over whether a fix deployed months ago did enough to stop people from misusing the system.
End of ‘Scorched Earth’ Years for US IPOs Hinges on Lower Rates
Companies are increasingly piling into a re-energized market for initial public offerings, and if the Federal Reserve finally stops <-bsp-bb-link state="{"bbDocId":"SC5G7RDWX2PS","_id":"0000018f-1ac8-d583-afbf-dadccada0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">punting-bsp-bb-link> on interest rate cuts, the trend may have room to run.
Apollo to Buy Frack-Sand Provider US Silica for $1.21 Billion
Funds managed by affiliates of <-bsp-bb-link state="{"bbHref":"bbg://securities/9990822D%20US%20Equity","_id":"0000018f-1a2c-d583-afbf-dafc60850000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Apollo Global Management Inc.-bsp-bb-link> will buy frack-sand provider <-bsp-bb-link state="{"bbHref":"bbg://securities/SLCA%20US%20Equity/FA","_id":"0000018f-1a2c-d583-afbf-dafc60850001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Silica Holdings Inc.-bsp-bb-link> for $1.21 billion, the latest in a wave of acquisitions in the shale industry.
Anglo Rejects BHP Takeover Bid as Significantly Undervalued
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.
Columns + Commentary
- Roy Strom Big Law Business
Kirkland Leaves Rivals in Dust in Big Law’s Great Growth Race
- David Lat Exclusive Jurisdiction
Time to Move Past the Term ‘Nonlawyer’ as Legal Industry Evolves
- Rob Chesnut Good Counsel
Spying Cars Latest Case of Companies Squandering Customer Trust
- Brittany Johnson Stated Differently
I’m Glad I Didn’t Listen to the Warnings Before I Moved In-House
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SNB’s Jordan Sees ‘Good Reasons’ to Avoid Crypto Investments
The <-bsp-bb-link state="{"bbHref":"bbg://screens/SNB","_id":"0000018f-1ab2-d583-afbf-dafe1fed0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Swiss National Bank-bsp-bb-link> isn’t inclined to invest its reserves in cryptocurrencies like Bitcoin, President <-bsp-person state="{"_id":"0000018f-1ab2-d583-afbf-dafe1fed0001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Thomas Jordan-bsp-person> said.
Key Measure of Bitcoin Mining Profitability Nears All-Time Low
A metric providing a window into the profitability of Bitcoin mining is approaching the all-time low it reached after the collapse of
Paul Weiss Houston Launch Stalled as Top Rival Partners Stay Put
Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.
US Bitcoin ETFs Suffer One of Worst Outflows as Token Wavers
Investors pulled a net $218 million from US Bitcoin exchange-traded funds, one of their worst daily <-bsp-bb-link state="{"bbHref":"bbg://screens/W%20%23SPEC%20290","_id":"0000018f-19ad-d583-afbf-dbfd33ba0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">outflows-bsp-bb-link> as demand for risky investments takes a knock from fading hopes for Federal Reserve interest-rate cuts.
Crypto Firm Sues SEC to Fend Off Oversight of Ethereum (1)
Crypto software firm <-bsp-bb-link state="{"bbHref":"bbg://securities/1994287D%20US%20Equity","_id":"0000018f-174b-d583-afbf-d7df5f850000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Consensys-bsp-bb-link> sued the <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-174b-d583-afbf-d7df5f850001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities and Exchange Commission-bsp-bb-link> in an effort to fend off regulation of the Ethereum blockchain and push back against what it called the agency’s “campaign to seize control over the future of cryptocurrency.”
Worldcoin Eyes OpenAI Partnership Despite Regulatory Setbacks (1)
Co-founded by Sam Altman, the crypto and AI project has faced scrutiny around the world for its eyeball scans.
PODCASTS
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