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Legaltech News

Thomson Reuters to Acquire Casetext for $650 Million Cash

"The acquisition of Casetext is another step in our 'build, partner and buy' strategy to bring generative AI solutions to our customers," said Steve Hasker, president and CEO of Thomson Reuters, in the press release.
6 minute read

National Law Journal

Businesses Seek 'Flexibility' in FTC's Proposed Negative Option Rule Amendments

Agency says its proposal would "combat unfair or deceptive practices" targeting consumers who accept introductory offers.
5 minute read

National Law Journal

'Papering the Universe'?: Congressional Committees Ramping Up Pressure for Attorneys Guiding Clients Through Probes

Corporate entities and private businesses are facing waves of pointed inquiry, and not only from Republicans who lead the House.
6 minute read

Connecticut Law Tribune

FTC Wants to Stop Automatic Renewals of Subscriptions—and 26 AGs Agree

"Consumers' silence should not be interpreted as consent, unless they are fully aware of the program and subscription terms upon agreement," Pennsylvania Attorney General Michelle A. Henry said. "Negative option tactics are deceptive and can be exploited to enroll consumers into subscriptions they cannot easily cancel."
3 minute read

National Law Journal

Can Congress Tax Unrealized Gains as Income? Supreme Court May Decide

The justices agreed to consider whether shareholders can owe income tax when no dividend, distribution or other payment has been received.
4 minute read

Daily Business Review

Black Woman Wanted: Ben Crump, Others Seek Change on Federal Bench

"I hope what people gather from this press conference is a united community of attorneys and professionals from all walks of life and backgrounds who are coming together because they value diversity," said Dwayne Robinson, the chair of the Judicial Diversity Initiative.
4 minute read

National Law Journal

Justices Barrett, Jackson at Odds Over Law Against 'Encouraging' Illegal Immigration

Supreme Court's ruling that statute is not overbroad draws dissent from Jackson, who said the law could sweep up well-meaning grandmothers, doctors and college counselors.
5 minute read

Daily Report Online

Upholding Sanctions, 11th Circuit Says CFPB Engaged in 'Dramatic Abuse of Discovery'

"The CFPB does not have the power to decide which discovery rules it will abide by and which it will ignore," the appeals court said.
4 minute read

Law.com

Georgetown Law Receives Landmark $30M Gift

"I hope that this gift, and the educational endeavors it will make possible, will provide similar inspiration to Georgetown Law students for generations to come," Daniel M. Tsai said in a statement.
3 minute read

National Law Journal

SEC Officials Defend Agency's Proposed Market Structure Rules Against GOP Attack

A House subcommittee chair decries SEC chief Gary Gensler's "unprecedented volume of proposed rulemaking."
5 minute read

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