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September 20, 2024 | National Law Journal

FTC Takes Legal Action Against Three Largest PBMs Over High Insulin Prices

"Millions of Americans with diabetes need insulin to survive, yet for many of these vulnerable patients, their insulin drug costs have skyrocketed over the past decade thanks in part to powerful PBMs and their greed," said Rahul Rao, deputy director of the FTC's Bureau of Competition.
6 minute read
September 20, 2024 | The American Lawyer

'Put Up or Shut Up' in Office Attendance: Law Firm Leaders Still Hold the Cards

Enforcing office policies this year could mean withholding a portion or percentage of a partner's draw or reducing bonus pool eligibility.
5 minute read
September 19, 2024 | National Law Journal

Trump Defense Secretary Esper Joins Squire, Jenner Hires Senior DOJ Official

Betsy Henthorne, Jenner's new partner hire in D.C., most recently served as chief of staff and deputy associate attorney general at the DOJ.
3 minute read
September 13, 2024 | New York Law Journal

SEC Says Farewell to the Term 'Crypto Asset Securities'

"It's just the evolution where there were way too many scams by crypto folks that lead to the SEC's aggressive overreach and regulation enforcement, that you have a pendulum that goes one way and the other way and now it is maybe slowing down a bit," said Terrence Yang, a strategic advisor to Swan Bitcoin.
3 minute read
September 13, 2024 | The American Lawyer

'Underwriting' Laterals Stokes Tension Among Nonequity Partners

Although pay for equity partners is going up, "we are seeing some firms that are not raising compensation for nonequity partners or, in some cases, cutting comp," observed a recruiter.
5 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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September 12, 2024 | Texas Lawyer

Web 3.0: How Will Blockchain Impact Your Practice?

"There have been no shortage of government enforcement actions in this space, yet the law is far from settled," write Sidley Austin's Lilya Tessler, Scott Parel and Angela Zambrano.
8 minute read
September 06, 2024 | The American Lawyer

Comp Offers for Lateral Partners Now Show Big Law's Buying Power

A lot of firms are now offering make-whole or even "make-better" agreements to get laterals right away, illustrating top firms' buying power and desire to keep growing as demand and billing rates accelerate.
5 minute read
September 05, 2024 | Law.com

The Law Firm Disrupted: Firms Should 'Partner' With Newcomers in Legal Services, Not 'Stiff Arm' Them

James Turoff, the GC at Hershey Company, shares observations from the in-house side on a rapidly evolving legal services marketplace.
5 minute read
September 04, 2024 | The American Lawyer

Death by Bureaucracy: How Global Firm Leaders Are Driving the Demise of Their Asian Offices

Chinese law firms are bringing on solid talent, thanks to all the foreign firms in Asia cutting head count, writes Jessica Seah in the Asia Legal Briefing. As global law firm leaders continue to take steps that exacerbate the downward spiral of their Asia offices, what will the competitive landscape in Asia look like?
6 minute read
September 03, 2024 | The American Lawyer

Tensions Ripple Through Partnerships As Law Firm Culture Shifts to Bottom Line Focus

"When partners see their peers are being treated that way by leadership, it typically results in less loyalty across the board," noted one recruiter about the effects of de-equitizations.
6 minute read

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