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July 24, 2023 | The American Lawyer

The Evolving Role of Big Law Leadership

"We will see far fewer major law firm leaders have extended terms. The burnout risk is too great and the pressures too significant," noted Paul Weiss chair Brad Karp.
5 minute read
July 21, 2023 | Texas Lawyer

LG Electronics Hit With $1.6M Verdict After Jury Deliberates for 2 Hours

The verdict was based on the plaintiff's request for $6.75 per unit for each LG Electronics product the company had sold to date that included the infringed technology, lead plaintiff counsel Jason Cassady said.
4 minute read
July 21, 2023 | Delaware Business Court Insider

In Bid to Recoup Alleged Fraudulent Transfers, FTX Sues Bankman-Fried and Ex-Executives

The adversary proceeding in Delaware bankruptcy court accused the founder and others of "abus[ing] their control over the FTX Group to commit one of the largest financial frauds in history."
3 minute read
July 21, 2023 | New York Law Journal

FTX Sues Bankman-Fried and Ex-Executives in Bid to Recoup Alleged Fraudulent Transfers

The adversary proceeding in Delaware bankruptcy court accused the founder and others of "abus[ing] their control over the FTX Group to commit one of the largest financial frauds in history."
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 | 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 17, 2023 | The American Lawyer

Deal Watch: Weil, Wilkinson, Sidley, Skadden Help Microsoft/Activision Merger Push Forward

Some believe that the FTC's latest setback is a good sign for M&A, especially tech M&A.
8 minute read
July 12, 2023 | New York Law Journal

US Judge Imposes $5 Billion Sentence on Investment Advisory Firm in Securities Fraud Case

U.S. District Judge Colleen McMahon, who noted this was her first time sentencing a corporation in 25 years on the federal bench, described the amount of money involved as "astronomical."
3 minute read
July 12, 2023 | The American Lawyer

Will Debevoise Always Have Paris?

Rumors swirl after the exits of Brown Rudnick and Davis Polk, but Debevoise says its small presence in Paris plays a big part in its global strategy.
6 minute read
July 11, 2023 | The American Lawyer

Sullivan & Cromwell Attracts Former Judge and Patent Office Director, as IP Moves Continue

Andrei Iancu, a former director of the U.S. Patent and Trademark Office, and retired U.S. Federal Circuit Judge Kathleen O'Malley both most recently worked at Irell & Manella.
4 minute read

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