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July 11, 2024 | The American Lawyer

Attorneys May Be on the Hook for Advocating Transactions Deemed 'Abusive' by Pending IRS Rule

New regulations casting a closer eye on "basis shifting transactions" could be neutered by the Supreme Court's recent ruling overturning the "Chevron" doctrine.
7 minute read
July 11, 2024 | The American Lawyer

$20M and Still Going: Is Partner Pay a Bubble?

According to some industry observers, $25 million to $30 million is the new top rung for valuable laterals, high-performing partners and some Big Law leaders. It's still very rare, but not unfathomable.
6 minute read
July 10, 2024 | New York Law Journal

Judicial Ethics Opinion 23-151

A judge may preside over Article 75 proceedings challenging employment arbitration awards, where the state agency employer was previously represented in-house by the judge's law clerk's spouse, but the judge must insulate the law clerk and make appropriate disclosures.
5 minute read
July 10, 2024 | Law.com

First Infant Formula Trial Against Abbott Begins in Missouri

Jake Plattenberger told jurors in an opening statement on Tuesday that Abbott's cow's milk-based formula, sold under the Similac brand, caused plaintiff Margo Gill's premature daughter, Robynn Davis, to get necrotizing enterocolitis, or NEC, a gastrointestinal inflammation.
3 minute read
July 10, 2024 | The Recorder

State Bar Charges Former LA Utility Official With Professional Misconduct

An attorney for William Funderburk said the former Los Angeles Department of Water and Power board member has done nothing wrong.
4 minute read
July 10, 2024 | The Recorder

Sidley Austin Adds Emerging Companies, Venture Capital Partner From Goodwin Procter

Jonathan Olsen will anchor his practice in San Diego.
2 minute read
July 10, 2024 | National Law Journal

3rd Circuit Weighs Constitutionality of Fishery Management Council Appointments

The council is charged with creating fishery management plans for regulating fisheries, which the U.S. commerce secretary reviews for legality and then decides whether to adopt a regulation to implement the plan.
4 minute read
July 10, 2024 | The Legal Intelligencer

Ex-Teacher's First Amendment Claim Allowed to Proceed Against District Following Jan. 6 Rally Suspension

"A public employee's right to speak about matters of public concern must not be allowed to halt the operations of, say, a public school. On the other hand, the degree of disruption required will vary depending on the speech at issue," wrote U.S. District Judge John M. Gallagher for the Eastern District of Pennsylvania.
5 minute read
July 10, 2024 | New York Law Journal

Amid Positive Activity Reported by NY Cannabis Regulators, Litigators Remain Concerned About Lawsuits

New York's ramped up enforcement effort against illegal operators has resulted in 164 stores padlocked across the state in recent months, along with nearly $30 million worth of illegal product seized, officials say.
4 minute read
July 10, 2024 | National Law Journal

Rep. Ocasio-Cortez Moves to Impeach Justices Thomas and Alito

The allegations in the impeachment articles largely track reporting by ProPublica, The New York Times and other outlets about the justices' conduct away from the Supreme Court, which is now on summer recess after another monumental term in which Alito and Thomas played an important role.
4 minute read

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