Bloomberg Law
May 13, 2019, 11:37 AM UTC

Wake Up Call: Uber IPO Earned Millions in Fees for Three Big Firms

  • Uber Technologies’ much awaited initial public offering may have turned out to be a dud but its law firms for the operation--Cooley and Covington & Burling for legal services and Davis Polk & Ward as underwriter counsel--still collected $5.5 million in legal fees and expenses. (The Recorder) (Bloomberg)

  • Teva Pharmaceutical Industries’ top lawyer, David Stark, wants to reduce the over $100 million that the company spends on outside legal advice. (Corporate Counsel)

  • In response to the #MeToo movement, a surge in discrimination lawsuits against Big Law, and pressure from clients to improve diversity, firms ...

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