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November 22, 2024 | New York Law Journal

European, US Litigation Funding Experts Look for Commonalities at NYU Event

"We do not think or do not deem it necessary that the agreement itself should be disclosed," said Susanne Augenhofer, a professor at the Austrian-based University of Innsbruck and visiting professor at Yale Law School. "Yes to disclosure, but only to the identity of the funder and the fact that a third-party funder is involved."
5 minute read
November 22, 2024 | National Law Journal

UPS Agrees to $45M Settlement With SEC Over Valuation Claim

The U.S. Securities and Exchange Commission accused the shipping company of failing to follow generally accepted accounting principles and “materially misrepresenting its earnings” while valuing its freight business in preparation for a sale.
2 minute read
November 22, 2024 | Pro Mid Market

For Midsize Law Firms, Curbing Boys-Club Culture Starts with Diversity at the Top

Cultivating diverse leadership is a long-term effort that requires investing in employees from the beginning of their employment — which, for many midsize firms, may be easier said than done.
5 minute read
November 22, 2024 | The Recorder

Southern California Law Firms Boast Industry-Leading Revenue, Demand Through Q3

In addition to Southern California firms' “really, really strong growth in revenue” through the first nine months of the year, Citi senior client specialist Gloria Gomez-O’Rourke said the region is “outperforming most regions in almost all categories.”
5 minute read
November 22, 2024 | Daily Business Review

AI: An Enhancement, Not a Replacement for Attorneys

Artificial intelligence (AI) undoubtedly has the potential to enhance attorneys’ work product. But AI cannot replace attorneys, at least not at this juncture.
4 minute read
November 22, 2024 | Daily Business Review

Fowler White Burnett Opens Jacksonville Office Focused on Transportation Practice

The Florida-based midsize firm tapped a new maritime partner to lead the office in response to growing demand. It's also expanding in Fort Lauderdale and moving its Miami office.
3 minute read
November 22, 2024 | Corporate Counsel

Auditor Finds 'Significant Deficiency' in FTC Accounting to Tune of $7M

"Internal control related to the preparation and review of the financial statements and footnotes was not properly designed and implemented to prevent, detect or correct errors and omissions," wrote Allmond & Co., a Lanham, Maryland-based accounting firm.
4 minute read
November 22, 2024 | Law.com

'A Mockery' of Deposition Rules: Walgreens Wins Sanctions Dispute Over Corporate Witness Allegedly Unfamiliar With Company

"Zeikos's counsel made roughly 300 objections during Mr. Goldstein's deposition. ... The objections' numerosity alone might be enough to be considered obstructionist, but upon review of them in the full context of the deposition, the court notes it would fail to sustain about 90% of them," wrote U.S. District Magistrate Judge Keri L. Holleb Hotaling in a business dispute against Walgreens.
5 minute read
November 22, 2024 | The Legal Intelligencer

Call for Nominations: TLI's Pennsylvania Legal Awards 2025

We're honoring law firms of all sizes this year in our Pennsylvania Litigation Departments of the Year contest.
1 minute read
November 22, 2024 | Daily Business Review

Florida-Based Law Firms Start to Lag, As New York Takes a Bigger Piece of Deals

Sunshine State firms have been having a harder time keeping up with their competitors to the north, after an interval where they were outpacing these rivals, according to a Wells Fargo legal market survey.
3 minute read

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