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February 02, 2024 | The American Lawyer

Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits

"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
8 minute read
February 01, 2024 | New York Law Journal

'You Need Specific Examples': What Employers Can Learn from Davis Polk Retaliation Verdict

More than a dozen current and former Davis Polk partners testified in the course of the trial, along with several current and former professional development staff members. That level of detail gave weight to the defense.
3 minute read
February 01, 2024 | Corporate Counsel

Evidence Fight Breaks Out as Bribery Trial Nears for Ex-Cognizant Legal Chief

Jones Day partner James Loonam, lead defense attorney in the government's corruption case against former Cognizant executives, says the prosecution's star witness is pointing the finger" at ex-legal chief Steven Schwartz and his co-defendant, former president Gordon Coburn, to cover up his own misconduct.
6 minute read
January 31, 2024 | The American Lawyer

Paul Weiss Lands Linklaters Partner as Head of European Public M&A in London

The firm continues to build out its corporate practice with high profile hires in London, this time hitting a UK firm for the talent.
2 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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January 30, 2024 | New York Law Journal

Injury-in-Fact in Discrimination Cases

The Second Circuit, in a rare en banc ruling, unanimously held that plaintiffs alleging discriminatory treatment in violation of Title IX had sufficiently alleged an injury-in-fact for standing purposes. But the court diverged on a number of other standing issues. The splintered nature of the court's opinions illustrates the underlying tension between ensuring access to courts and enforcing appropriate limitations on judicial power.
8 minute read
January 30, 2024 | The American Lawyer

Deal Watch: Debt Offerings Surge as Markets Begin to Turn

"It is booming right now," said Wachtell partner John Sobolewski of the liability management market.
8 minute read
January 29, 2024 | Legaltech News

The 2024 Legalweek Leaders in Tech Law Awards Winners Are Here!

Law.com and Legaltech News are proud to announce this year's winners for the Legalweek Leaders in Tech Law Awards, celebrating the achievements of law firms, in-house legal departments, providers and ALSPs leading the legal profession into the future through technology and innovation.
17 minute read
January 29, 2024 | New York Law Journal

Jury Finds Davis Polk Not Liable for Retaliation Against Ex-Associate

The ex-managing partner and former M&A practice head were also found not liable by the jury.
3 minute read
January 29, 2024 | New York Law Journal

AI Has Opened Its Eyes

In this article, Katherine B. Forrest describes some of the academic papers and research regarding MLLMs before moving on to legal and other important issues that are similar between LLMs and MLLMs, those that are different but obvious improvements, and those that should cause us to watch developments in this area carefully.
9 minute read

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