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July 19, 2023 | New York Law Journal

Tesla Board Agrees to $735 Million Settlement in Shareholder Lawsuit Over Director Compensation

Shareholders alleged that current and former members of the board grossly overpaid themselves between 2017 and 2020.
2 minute read
July 17, 2023 | National Law Journal

Cravath Builds Out DC Office, Adding Former Acting US Attorney General Jeffrey Rosen

Law firms including Cravath, Cleary, Boies Schiller, Holland & Knight, Wiley and Venable have hired a flurry of former top government lawyers in the past week.
3 minute read
July 11, 2023 | Law.com

Investigative Report Sparks Lawsuits Over Colorado Wildfire: 'It's Pretty Clear Liability'

Lawyers predict lawsuits on behalf of hundreds of survivors of the Marshall Fire after the Boulder County Sheriff's Office released its investigative report on June 8 attributing the blaze's cause in part to Xcel Energy's power lines.
4 minute read
July 07, 2023 | Daily Report Online

Associate Pay Rose at Many Southeast Law Firms, But Some Firms Still Pay Below Median

Alston & Bird and Morris Manning are among those with the highest starting pay for associates in 2023.
5 minute read
July 06, 2023 | New Jersey Law Journal

What to Do About Lawyers Who Take Clients' Funds? High Court Weighs Leniency

"I'm sympathetic, but to have sympathy is one thing and to change the rule and thereby run the risk of further violations is a step backwards," Michael Ambrosio of Seton Hall University School of Law said.
7 minute read
Law Journal Press | Digital Book Texas Legal Malpractice & Lawyer Discipline 2024 Authors: Charles F. Herring, JR, Jason M. Panzer, Leah Turner View this Book

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July 03, 2023 | New York Law Journal

NYSBA Launches Task Force Aimed at 'Preserving Diversity' in Wake of SCOTUS Rejection of Affirmative Action

The "blue-ribbon" task force is co-chaired by three partners at Paul, Weiss: Loretta Lynch, a former U.S. Attorney General, Jeh Johnson, a former Secretary of the Department of Homeland Security and Defense Department general counsel, and Brad Karp, the longtime chairman of Paul, Weiss.
5 minute read
June 30, 2023 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Robins Kaplan partner Michael Collyard secured pre- and post-judgment interest on a $564 million jury verdict he won last year against BMO Harris Bank stemming from one the largest Ponzi schemes in U.S. history.
6 minute read
June 20, 2023 | The American Lawyer

Layoffs Are Spreading. After All, There's Only So Much Work to Go Around

A patchy corporate market has created a mismatch between staffing and demand levels at several law firms with broader client bases that stretch beyond the tech sector.
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
June 13, 2023 | New York Law Journal

Deal Watch: Wachtell Has Big Week as PGA/LIV Merger Looks … Shaky

Wachtell worked on two of the four largest deals of the week, but one of them is running into a bit of scrutiny.
10 minute read

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