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April 25, 2023 | Corporate Counsel

Deutsche Bank Hires From Pharma Giant For Next General Counsel

The bank's previous general counsel was appointed in 2020.
2 minute read
April 21, 2023 | National Law Journal

DC Firms Have Strong Showing in Latest Am Law 100

Four law firms with a major Washington presence moved up the Am Law 100 revenue rankings.
3 minute read
April 21, 2023 | National Law Journal

Akin Gump, Brownstein, K&L Gates and Holland See Gush in Lobbying Revenue

Several big firms enjoyed lobbying revenue increases in the first quarter of the year over the first quarter of last year.
5 minute read
April 21, 2023 | Litigation Daily

Another Heaping Helping of Litigator of the Week Runners-Up and Shout Outs

Our first runners-up this week at Covington & Burling represented Naftogaz, the Ukrainian state-owned oil and gas company, in securing a $5 billion award from Russia stemming from assets seized in the 2014 annexation of Crimea.
8 minute read
April 19, 2023 | National Law Journal

Covington Goes to Boston, as More Big Pharma Clients Relocate to City

The new office will be anchored by Megan Gates, who was chair of Mintz's corporate and securities practice.
3 minute read
April 14, 2023 | National Law Journal

Covington Lawyers Help Secure $5B Award for Ukraine's Naftogaz

A court in The Hague ruled in Naftogaz's favor, ordering Russia to pay $5 billion to the company to cover losses of its Crimea-based assets.
3 minute read
April 14, 2023 | National Law Journal

Covington to Advise Ukrainian Billionaire on Arbitration over Seized Assets Against Russia

In 2022, a Covington team also advised Ukraine on a case against Russia to the International Court of Justice.
2 minute read
April 11, 2023 | Law.com

Humana's RICO Claims Against MS Drug Manufacturer Barred by 'Indirect Purchaser' Rule, Judge Concludes

"Under the 'indirect purchaser rule,' first developed by the Supreme Court in the antitrust context, only a direct purchaser of goods has standing to assert a claim for violation of the antitrust laws," U.S. District Judge F. Dennis Saylor wrote. "Every circuit to have considered the issue has held that the rule also applies to civil RICO actions, and that indirect purchasers therefore do not have standing to assert RICO claims. The First Circuit has not yet addressed the question. While there may be practical and policy reasons to question the application of that rule in the health-insurance context, for the reasons that follow, this Court will follow the majority rule. It will therefore dismiss the civil RICO claims for failure to state a claim on that basis."
6 minute read
April 07, 2023 | National Law Journal

DC Law Firms Entered 2023 on Solid Footing, but Rate Pressure Looms

While most of D.C.'s largest law firms grew revenue, several saw dives in profits, due to rising expenses and slower demand.
4 minute read
April 07, 2023 | Texas Lawyer

In 'Year of Investment,' Akin Gump's Revenue Up, but Profits Per Partner Drop 16%

Akin Gump Strauss Hauer & Feld hired 27 lateral partners globally in practices including special situations and private credit, M&A, private equity, energy transition, regulatory, and disputes and investigations.
5 minute read

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