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March 18, 2024 | Legaltech News

AI Risks Are Evolving—And Organizations May Not Be Keeping Up

Focusing on defining AI or taking on unnecessary burdensome vendor oversight obligations may no longer be the most effective strategies to mitigating AI risks, Debevoise & Plimpton attorneys said during a Monday webinar.
6 minute read
March 15, 2024 | Delaware Business Court Insider

Trustee Can Continue $250M Fraud Case Against Clayton, Dubilier & Rice

A motion to dismiss filed by the private equity firm's Debevoise & Plimpton attorneys argued a liquidation trustee for a soap and hair care product distributor didn't have standing to bring fraud claims and hadn't adequately pled them in the complaint.
3 minute read
March 08, 2024 | Delaware Business Court Insider

A Legal 'Doomsday'?: Delaware Faces Criticism at Tulane Conference

Merger and acquisition practitioners are having a difficult time figuring out how best to counsel their clients, and litigators are left with questions on how best to make their case to the Court of Chancery.
4 minute read
March 07, 2024 | Law.com

Rising Stars: The UK Legal Industry's Best Up-And-Coming Women, 2024

More than 120 entries have been whittled down to the top 25 women aged under 40 tipped to spearhead the next generation of leading partners.
33 minute read
March 05, 2024 | Corporate Counsel

Pitney Bowes Legal Chief Retiring on Heels of Rancorous Proxy War

Departing Chief Legal Officer Daniel Goldstein said Pitney Bowes is "an iconic company ... going through an important transformation."
2 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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February 16, 2024 | New York Law Journal

NY Governor Drops Plan To Remove $100M From Fund for Low-Income Civil Litigants

More than 250 signatories from a cross-section of the legal profession – law firm leaders, managing partners, pro bono professionals, in-house counsel, bar association leaders, small and midsize law firm leaders, solo practitioners, and nonprofit and legal services lawyers – wrote to Hochul in recent days, calling for her to undo the proposed transfer of IOLA funds.
3 minute read
February 12, 2024 | The American Lawyer

Deal Watch: Wachtell, Paul Weiss and V&E Lead $26B Oil Merger as Deal Activity Soars

Energy and life sciences continue to lead the way in deal activity, but tech and other recently nascent sectors are showing signs of life.
12 minute read
February 02, 2024 | The American Lawyer

Proskauer Settles Trade Secrets Suit With Fired COO

Details of the agreement between Jonathan O'Brien and his former firm were not available. O'Brien has not found work in the legal industry since he was fired from the firm and saw an offer from Paul Hastings rescinded.
3 minute read
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
January 29, 2024 | The American Lawyer

Debevoise Lands New National Security Practice Co-Head as Firm Eyes M&A Uptick

Richard Sofield, a former senior DOJ attorney arriving from Vinson & Elkins, looks to help Debevoise in CFIUS matters, as national security issues bubble up in deal work.
3 minute read

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