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July 26, 2023 | Corporate Counsel

'Patently Unreasonable': Twitter Blasts Vijaya Gadde's $1.1M Legal-Fee-Reimbursement Request

Twitter rapped its former legal chief for enlisting eight Sidley Austin professionals—five partners, two associates and a policy adviser—in connection with her one-day appearance before a House committee. "This is not a case of mere duplication of effort," its filing said. "This is a case of quadruplication of effort."
6 minute read
July 26, 2023 | New York Law Journal

Former Chief of SDNY's Organized Crime Unit Settles In as NYPD's General Counsel

Michael Gerber now leads the NYPD Legal Bureau, which is made up of more than 300 staff, including about 100 lawyers, and serves a sprawling department of more than 35,000 uniformed officers.
5 minute read
July 24, 2023 | The Recorder

Deal Watch: Will IPOs Strike Back This Year?

Novartis has agreed to purchase DTx Pharma for $1 billion. DTx Pharma, which is based in San Diego, was represented by a Wilson Sonsini Goodrich & Rosati team.
7 minute read
July 24, 2023 | The American Lawyer

Deal Watch: Will IPOs Strike Back This Year?

Some dealmakers see signs that capital markets work could turn around this year.
7 minute read
July 24, 2023 | Legaltech News

Addleshaw Goddard Presses Ahead on Generative AI With Several Pilot Schemes

Meanwhile, Clyde & Co is working with artificial intelligence firm Luminance to create an AI-powered claims handling system.
3 minute read
July 19, 2023 | The American Lawyer

American Lawyer Industry Awards and Litigation Departments of the Year Finalists Announced

Finalists are named across categories including Best Firm of the Year, Managing Partner of the Year, Business Team of the Year, Young Lawyers of the Year and much more.
5 minute read
July 17, 2023 | Corporate Counsel

Wachtell Lipton Star Sabastian Niles Joins Salesforce as Legal Chief

Niles is giving up his lustrous career at Wachtell Lipton to become a top executive at Salesforce, one of his clients.
3 minute read
July 17, 2023 | Pro Mid Market

Who Got the Work: Pashman Stein Defends Am Law 50 Firms In Client Dispute, Wachtell Lipton Defends Crypto Exchange Against SEC Suit

Westchester Surplus Lines Insurance Co. has tapped lawyers at Chaffe McCall to fight a pending insurance coverage lawsuit; Baird Holm partners entered appearances for Union Pacific, the major U.S. railway, in a pending lawsuit over alleged employment discrimination under the ADA.
2 minute read
July 11, 2023 | Delaware Business Court Insider

Twitter Fee Lawsuit Brings Wachtell's Billing Practices to Light

The firm gets paid 60% to 80% of investment banks working on the same deals and two to three times its billable rate on "premium-billing" litigation matters, according to a court filing.
5 minute read
July 11, 2023 | The American Lawyer

Wachtell's Billing Practices Brought to Light in Twitter Fee Lawsuit

The firm gets paid 60% to 80% of investment banks working on the same deals and two to three times its billable rate on "premium-billing" litigation matters, according to a court filing.
5 minute read

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