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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
January 08, 2024 | The Legal Intelligencer

Phila.'s Third Roundup Trial Kicks Off With Team Behind $175M Verdict at the Helm

"If they can enrage you and inflame you and make you mad, you won't care," Nelson Mullins Riley & Scarborough partner Michael Brown said.
3 minute read
January 02, 2024 | The American Lawyer

Deal Watch: Big Law Dealmakers Are Evaluating These Factors to Assess 2024 Market

Frank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
11 minute read
January 02, 2024 | Daily Report Online

In Atlanta Partner Moves, Big Law Looks to Real Estate and Transactional Practices

Real estate lawyers "are the folks who are going to be the real premium and who [firms will] go after," one Atlanta recruiter said.
8 minute read
December 29, 2023 | The American Lawyer

The Stroock Files: The Journey Through Lateral Exits, Merger Talks and Dissolution

Over a year's worth of reporting on the issues and events that led to Stroock's downfall
8 minute read

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