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January 26, 2024 | The Legal Intelligencer

Philadelphia Jury Hits Monsanto With $2.25B Roundup Verdict

The award appears to be the largest Roundup verdict yet, taking over a spot previously held by a $2 billion verdict reached in 2019.
2 minute read
January 26, 2024 | The American Lawyer

Partner Comp Systems and Competitive Advantage: Lessons From the Kirkland, Cravath, and Paul Weiss Lateral-Hiring Wars

What makes comp systems so insidious is that they're so hard to change.
12 minute read
January 23, 2024 | The American Lawyer

McDermott Lands Julia Boyd for PE Group, Anticipating Strong Year for Transactions

Boyd, a co-founder of the Senior Women in Private Equity network, is moving her practice from Reed Smith to McDermott, anticipating the bulk of her client base to join her.
2 minute read
January 23, 2024 | Pro Mid Market

Litigation, IP Headlined Big Law Poaching by Midsize Firms in 2023

Rate flexibility and client conflicts drove Big Law attorneys to smaller firms in 2023, leading to gains for Munsch Hardt Kopf & Harr in Texas, Stoel Rives in Oregon and Potter Anderson & Corroon in Delaware.
6 minute read
January 17, 2024 | Texas Lawyer

$57M Austin Verdict: Biotech Defendant Considers Loss a 'Win'

"The fact that the jury awarded only a small fraction of Ravgen's damages claim—less than 15%—and rejected their willfulness claim is an indication that the jury correctly viewed Ravgen's case as a huge overreach," lead defense attorney Michael Summersgill said.
3 minute read
January 17, 2024 | New York Law Journal

Is RPAPL §1301 Really an Impediment to Pursuing a Guaranty Claim?

Scott Weinberg and Joel Haims discuss New York's "Election of Remedies" statute, examining whether it really has a material impact in practice.
6 minute read
January 16, 2024 | The American Lawyer

McDermott Lures 5-Lawyer Health Care Team From Wilson Sonsini

The lateral group, with a focus on FDA and regulatory compliance, will provide a boost to McDermott's health-care practice, particularly with M&A activity projected to pick up in 2024, the firm said.
2 minute read
January 10, 2024 | Legaltech News

Legal Tech's Predictions for Data Privacy in 2024

Legal industry experts make their predictions for what we can expect in the area of data privacy in 2024.
11 minute read
January 10, 2024 | The American Lawyer

Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb

Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
3 minute read
January 08, 2024 | The American Lawyer

Deal Watch: Cravath, Skadden, Shearman, K&L Gates Steer Health Care Deals Amid Industry Momentum

"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
7 minute read

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