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April 28, 2022 | Law.com

Higher Law: A New Cannabis Restructuring Practice | Pitt Law Creates a Cannabis Course | Cannabis Boosts Fox Rothschild's Revenue | What's a Marijuana License Worth?

"There are very unique issues that you run into advising these stakeholders in the cannabis industry because it's federally illegal," said Jason Rosell of Pachulski Stang Ziehl & Jones, which launched a cannabis restructuring group.
9 minute read
April 28, 2022 | Law.com

When Demand Falls, Expect Partnership Clashes and Billing Rate Pushback

The environment is ripe for law firms to trim partnership ranks and keep close control of the equity tier, for large lateral groups to be cherry-picked, and for new firms to spin off.
6 minute read
April 26, 2022 | The American Lawyer

As Billing Rates and Client Pressure Collide, a Turning Point Looms

The tension could alienate clients, cut into law firms' profits and force talent out the door.
6 minute read
April 18, 2022 | The American Lawyer

Leveraging Tech, Innovation and Hybrid Work, Holland & Hart Boosted Partner Profits 30%

Firmwide increases in demand drove gross revenue up 11%, but cost savings in compensation and real estate locked in a highly profitable year for the Rocky Mountain law firm.
5 minute read
April 14, 2022 | Law.com

Higher Law: Q&A: New Jersey Inches Toward Recreational Marijuana Sales | A Cannabis Lawyer Joins Fox Rothschild | Reed Smith Advises on CannaCraft Merger

"this is the first time that a lot of New Jersey attorneys who are not practicing in the cannabis space realized that they're going to have to familiarize themselves with the industry—because at this point the industry is knocking on their front door," said Robert DiPisa, co-chair of the cannabis practice group at Cole Schotz.
8 minute read
April 13, 2022 | Law.com

Tenth Circuit Adopts Expansive Reading of Express-Preemption Provision

In 'Thornton v. Tyson Foods', the Tenth Circuit took up the scope of the preemption provision in the Federal Meat Inspection Act. In doing so, the appellate court confirmed that it will continue to read express-preemption provisions broadly, giving district courts little room to apply state law even in areas traditionally subject to local control.
6 minute read
March 21, 2022 | Law.com

Tenth Circuit Allows Government Officials To Assert Qualified Immunity Defense To RFRA Damages Claims

The U.S. Court of Appeals for the Tenth Circuit recently ruled that the Religious Freedom Restoration Act provides a claim for money damages against government officials acting in their individual capacities and that those officials may raise qualified immunity as a defense.
7 minute read
March 15, 2022 | The Recorder

Amid Lateral Growth, Wilson Sonsini Sees Revenue Soar 18%

"2021 was a very good year, with strong client demand," Wilson Sonsini managing partner Douglas Clark said, noting the firm added a record 20 lateral partners additions in the year.
5 minute read
March 09, 2022 | Law.com

How I Made Partner: 'My Ability to Read Others and the Situation—and Then Find a Solution,' Says Phil Harris of Holland & Hart

'Find balance in taking full advantage of these current opportunities while also planning for the future—but don't let one impair the other.'
8 minute read
February 24, 2022 | Law.com

Rising Rate Pressure's Driving Lateral Movement: The Morning Minute

The news and analysis you need to start your day.
6 minute read

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