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July 10, 2023 | Corporate Counsel

Twitter Suit Blames 'Disgruntled' Legal Execs for Massive Wachtell Payout

"Wachtell exploited a corporate client left unprotected by lame-duck fiduciaries who had lost their motivation to act in Twitter's best interest," Twitter's lawsuit alleges.
7 minute read
July 09, 2023 | New York Law Journal

Twitter Lawsuit Alleges Wachtell Ran Up $90 Million Tab Before Musk Takeover

A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
3 minute read
July 07, 2023 | The American Lawyer

Twitter Lawsuit Alleges Wachtell Ran Up $90 Million Tab Before Musk Takeover

A complaint filed this week alleges Wachtell added a $71 million success fee to accrued hourly billables, which lame-duck in-house counsel approved against Musk's orders.
3 minute read
July 07, 2023 | The American Lawyer

Latham Leads Legal Adviser Tables, as Worldwide M&A Hits Lowest Point in 3 Years

Latham and Kirkland were top ranked while several Wall Street law firms picked up market share and rose up the league tables released by Refinitiv.
5 minute read
July 05, 2023 | Delaware Law Weekly

Vice Chancellor Slashes $2.8M Fee Request in Excessive Compensation Case That Settled Quickly

The vice chancellor said that the plaintiff hadn't offered enough evidence to call the requested fee amount reasonable.
3 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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July 05, 2023 | Delaware Business Court Insider

Vice Chancellor Curbs Fee Request in Excessive Compensation Case That Settled Quickly

The vice chancellor said that the plaintiff hadn't offered enough evidence to call the requested fee amount reasonable.
3 minute read
July 05, 2023 | New York Law Journal

First Department Imposes 'Adverse Inference' Charge for Discovery Delays in Fraud Suit Over Legal Professional Conferences

"In addition to the measures that the court imposed—precluding defendants from presenting documents that they failed to timely produce during discovery and precluding them from offering evidence pertaining to interrogatories that they failed to answer—plaintiffs are also entitled to an adverse inference charge, to be formulated by the trial judge," wrote the appellate panel.
4 minute read
June 30, 2023 | The Legal Intelligencer

Pa. Firms Are Keeping Pace With First Year Salaries, Rate Increases Year-Over-Year

Blank Rome, Dechert and Morgan Lewis & Bockius all pay first-year associates $215,000, according to data collected by the National Law Journal.
2 minute read
June 20, 2023 | The American Lawyer

Deal Watch: Wachtell Reps the GOAT in Hornets Sale; Confusing Times Continue for Dealmakers

While Wachtell and King & Spalding had a big week in deals, M&A lawyers remain uncertain about the deal market ahead amid continuing signs of uncertainty.
6 minute read
June 13, 2023 | New York Law Journal

Simpson Thacher Again Dips into Lateral Pool, Takes Another Partner From Paul Weiss

Justin Rosenberg is the third lateral partner to join the firm in the last week.
2 minute read

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