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January 15, 2025 | National Law Journal

SEC Files Lawsuit Against Elon Musk Over Untimely Twitter Ownership Disclosure

The complaint brings one claim against Musk, alleging he violated federal securities law by failing to properly disclose that as of March 14, 2022, he owned more than 5% of Twitter's outstanding shares, a threshold that's required to be disclosed publicly in a beneficial ownership report within 10 days. An attorney for Musk said the SEC could not bring an "actual case."
3 minute read
January 15, 2025 | Corporate Counsel

Survey Finds Majority of Legal Professionals Still Intimidated by AI Despite Need to Streamline Mounting Caseloads

A new study has revealed the majority of legal and compliance professionals believe that artificial intelligence has the potential to help them significantly reduce their ever-escalating workloads but they remain diffident toward the rapidly developing innovation.
3 minute read
January 15, 2025 | Corporate Counsel

FTC Launches Inquiry of Single-Family Rental Home 'Mega Investors,' Issues PBM Report

"While this information is theoretically available to the public, institutional owners' holdings are challenging to identify due to complicated, indirect ownership structures involving opaquely named subsidiary entities," said FTC attorney Tamar Katz.
5 minute read
January 15, 2025 | Delaware Business Court Insider

Womble Bond Dickinson's Wilmington Office Sees New Leadership as Merger Is Completed

The Am Law 100 firm has now officially merged with Phoenix-based Lewis Roca Rothgerber Christie, and it has four new office managing partners and a new chair and CEO in Merrick Benn.
4 minute read
January 15, 2025 | Delaware Business Court Insider

Defending Against a $290M Claim and Scoring a $116M Win in Del. Drug Patent Fight

A trial team led by Latham’s Mike Morin and David Frazier and Finnegan’s William (Bill) Raich helped Sarepta Therapeutics come out victorious as the counter-claimant in a patent trial concerning treatment for Duchenne Muscular Dystrophy, a degenerative muscular disorder.
10 minute read
January 15, 2025 | Daily Business Review

Jury Awards $6.2 Million in Walmart Slip & Fall

The client waited eight months to seek counsel and three months for treatment. The jury was unanimous.
5 minute read
January 15, 2025 | Law.com

'If the Job Is Better, You Get Better': Chief District Judge Discusses Overcoming Negative Perceptions During Q&A

Chief U.S. District Judge F. Dennis Saylor IV recalled advice he received as a new judge: "Never, ever allow a junior [attorney] to utter a word in your courtroom." Saylor didn't take the suggestion.
4 minute read
January 15, 2025 | Texas Lawyer

Nondisparagement Clauses in Divorce: Balancing Family Harmony and Free Speech

Nondisparagement clauses are frequently scrutinized for potentially infringing on First Amendment rights. How do litigants, and their representatives, balance the complex interplay between family law and Constitutional rights? What’s the difference between disparagement and complaining? What are the implications of these competing forces for divorcing couples in Texas and beyond?
6 minute read
January 15, 2025 | The Legal Intelligencer

Lessons From Five Popular Change Management Concepts: A Guide for Law Firm Leaders in 2025

Law firm leaders and managers can educate themselves about and thereafter adopt effective change management strategies to navigate these transitions successfully. This article outlines five well-known change management books, theories, or concepts, highlighting their relevance to current trends in law firm leadership and management while reflecting on how they connect to the political developments under President-elect Trump's renewed focus.
7 minute read
January 15, 2025 | The Legal Intelligencer

People in the News—Jan. 15, 2025—Ballard Spahr, Brahin Law

Ballard Spahr chief diversity, equity and inclusion officer Virginia G. Essandoh has been named diversity chair of the Philadelphia Bar Association, an 8,500-member organization with a strong focus on equal justice, social responsibility, and community service.
3 minute read

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