Wake Up Call: As Firms Settle With Trump, They Alienate Recruits
Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.
The wealthiest law firm in the world is in talks with the Trump administration on a deal designed to avert an executive order like those aimed at some of its competitors.
Few large law firms joined an amicus brief backing Perkins Coie in its lawsuit against President Donald Trump over an executive order targeting the firm.
Partners at Herbert Smith Freehills and Kramer Levin have approved a plan to merge the two law firms in the latest industry tie-up.
Davidson Kempner Capital Management was identified as the funder behind patent cases against Amazon’s Audible Inc. last month, the first time the $35 billion hedge fund was publicly outed as a player in litigation finance.
Jackson Walker LLP settled with Basic Energy Services Inc.'s liquidation trustee in the first of a series of deals related to the law firm’s failure to disclose the romance between a onetime partner and a prominent judge.
Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.
President Trump’s war with Big Law shows firms that depend on rainmaker partners for lucrative corporate deals face greater pressure to settle than those that focus on litigation.
The Seventh Circuit laid down a new, worker-friendly precedent that more employees can use to challenge medical examinations and win damages without proving they have a disability, discrimination attorneys said.
Claims under insurance that covers losses resulting from breaches of sellers’ representations and warranties in M&A deals are climbing as carriers sell more policies, but the litigation that often accompanies high-dollar claims is nowhere to be found.
As EU AI Act provisions come into force, many corporate legal teams have chosen to lean into compliance regimes already tested by another EU law: the General Data Protection Regulation.
A Silicon Valley law firm’s ties to tech companies are paying off in the form mergers and acquisitions deals work.
Feb 25, 2025, 3:39 PM UTC
Feb 21, 2023, 3:55 PM UTC
Nov 15, 2022, 2:25 PM UTC
Oct 20, 2021, 4:15 PM UTC
Kirkland & Ellis retained its crown as Big Law’s top mergers and acquisitions adviser in 2024, nabbing several of the largest transactions of the year.
Kirkland & Ellis retained its crown as Big Law’s top mergers and acquisitions adviser in 2024, nabbing several of the largest transactions of the year.
On May 28, 2012, Dewey & LeBoeuf, the product of a merger between two storied New York law firms, filed for bankruptcy. For the first time, Dewey's former chair Steven Davis opens up about the years, months, and weeks leading to his firm's collapse, the decisions he made and, looking back, whether he would have done anything differently.
Cryptocurrencies wiped out almost all their gains since
President Trump’s war with Big Law shows firms that depend on rainmaker partners for lucrative corporate deals face greater pressure to settle than those that focus on litigation.
While courts are still testing AI, judiciary employees are cautiously optimistic that the technology could help courts be more efficient—and potentially cut some costs along the way.
Stablecoin issuer
Stablecoin issuers and exchanges got a boost Friday from the Securities and Exchange Commission after the agency’s staff determined that the assets, generally, aren’t securities.
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: