US states lose more than $3 billion annually through “out of control” tax exemption programs subsidizing data storage facilities operated by technology giants from Amazon.com to Meta Platforms Inc., a report by a tax policy group found.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how quickly partner pay is rising relative to associate pay scales—and what that means if Big Law faces a recession. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

The lawyer for President Donald Trump’s vendetta against law firms returned to court Wednesday with what has become his hallmark strategy: a merry-go-round of non-answers.

The Trump administration’s overhaul of law enforcement priorities is presenting an opportunity and a source of angst for the white-collar defense bar.

Former directors and officers of bankrupt crypto lender Celsius Network, including co-founder Alex Mashinsky, were hit with a suit by insurers seeking to limit their exposure to underlying litigation brought by federal regulators and private investors.

Norfolk Southern Corp. is solely responsible for a 2023 derailment and controlled burn in East Palestine, Ohio, and can’t force the owner of a railcar that failed to pay into a previously-reached $600 million settlement, a jury determined Wednesday.

New rules from the UK’s communications regulator will challenge the way Elon Musk’s X platform and others handle age verification and pornographic content on their platforms.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how quickly partner pay is rising relative to associate pay scales—and what that means if Big Law faces a recession. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

Senate Democrats led by Elizabeth Warren want more information about what Elon Musk’s Department of Government Efficiency is up to at the Federal Deposit Insurance Corp.

The lawyer for President Donald Trump’s vendetta against law firms returned to court Wednesday with what has become his hallmark strategy: a merry-go-round of non-answers.

A federal agency that supports economically struggling communities across the country is targeted for elimination under a Trump draft budget proposal.

Live Nation Entertainment Inc. and its Ticketmaster LLC unit are preparing for risks tied to the outcomes of both a private antitrust lawsuit that recently cleared a major hurdle and an ongoing Justice Department case.

New rules from the UK’s communications regulator will challenge the way Elon Musk’s X platform and others handle age verification and pornographic content on their platforms.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how quickly partner pay is rising relative to associate pay scales—and what that means if Big Law faces a recession. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

The lawyer for President Donald Trump’s vendetta against law firms returned to court Wednesday with what has become his hallmark strategy: a merry-go-round of non-answers.

Wall Street’s widespread use of electronic communication platforms such as WhatsApp, Signal, and iMessage prompted an SEC sweep of regulated firms’ recordkeeping and surveillance under the past administration, but the regulator is unlikely to abandon the crackdown even as other priorities shift.

Kresimir Mudrovcic and his team of programmers spend months on end trawling through computer code that can be three times as old as the crew’s youngest members.

Criminals are hijacking online brokerage accounts in Japan and using them to drive up penny stocks around the world. The wave of fraudulent tradinghas reached ¥100 billion ($710 million) since it started in February and shows no signs of cresting.

Sidley Austin is picking up a 15-lawyer real estate finance group from Cadwalader as the firm continues to execute on its expansion plans in the Big Apple.

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how quickly partner pay is rising relative to associate pay scales—and what that means if Big Law faces a recession. Sign up for Business & Practice, a free morning newsletter from Bloomberg Law.

The National Treasury Employees Union and attorneys for the government will battle for a second time this week, asking a Kentucky district court to consider an unusual lawsuit from the Trump administration that seeks to invalidate the union’s collective bargaining agreement.

The lawyer for President Donald Trump’s vendetta against law firms returned to court Wednesday with what has become his hallmark strategy: a merry-go-round of non-answers.

Immigration lawyers and officials have described past incidents of Democratic and Republican administrations alike taking lengthy steps to correct previous mistaken deportations and say the Trump administration should follow that rubric.

Crowell and Moring’s Agustin Orozco, Jason Crawford, and Katherine Quinn warn that the Department of Justice’s planned focus on enforcing the False Claims Act for foreign trade practices and tariffs amplify risks for importers.