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July 11, 2024 | New Jersey Law Journal

NJ Supreme Court Reverses Appellate Division's Bright-Line Rule for Class Action Waivers Not Accompanied by Arbitration Provisions

"In this case, because plaintiffs clearly and unambiguously waived their right to maintain a class action and the lease contract is not unconscionable as a matter of law, we hold that it is enforceable," Justice Fabiana Pierre-Louis wrote for the court.
5 minute read
July 11, 2024 | New York Law Journal

Law Reform: Time to Go Back to The Future

Support for and interest in law reform goes through periods of ebb and flow. Today, New York State Bar Association past president Hank Greenberg writes, the predominant sentiment appears to be one of indifference or disinterest, without a discernible countervailing movement to go back to the future.
12 minute read
July 11, 2024 | New York Law Journal

SEC v. Crypto: With the Battle Lines Drawn, Who Has the Advantage?

In the past year, a number of courts have issued significant rulings in the SEC's high-profile crypto enforcement actions. Far from bringing the necessary regulatory clarity the crypto industry has been seeking, these rulings have been inconsistent and have left even more open questions. Both the SEC and the industry now have ammunition for their respective legal positions, but who has the better argument?
14 minute read
July 11, 2024 | New York Law Journal

Insurer Wins Unanimous Decision in New York Choice of Law Battle

Count a gritty marine insurer as part of the exclusive Supreme Court's 9-0 club; winners by knockout in a hotly contested marine insurance dispute that braved its way from the District of Pennsylvania to the Third Circuit and ultimately landed in the Supreme Court.
6 minute read
July 11, 2024 | Law.com

AI Isn't Meeting Legal's Expectations, New Research Finds

"Lawyers have a high bar. I strongly believe that there's an amazing use case for AI here, and the bar hasn't been met by the crop of early stage startups that are trying to solve this," said Mary O'Carroll, chief community officer of Ironclad.
9 minute read
July 11, 2024 | Corporate Counsel

AI Isn't Meeting Legal's Expectations, New Research Finds

"Lawyers have a high bar. I strongly believe that there's an amazing use case for AI here, and the bar hasn't been met by the crop of early stage startups that are trying to solve this," said Mary O'Carroll, chief community officer of Ironclad.
9 minute read
July 11, 2024 | The Recorder

Gibson Dunn Secures Defense Win for HSBC in 'Trade Secrets' Lawsuit

In an order released Tuesday in the California Northern District Court, Magistrate Judge Laurel Beeler dismissed most of the claims made against London-based HSBC Holdings, HSBC entities HSBC USA (HUSI) and HSBC UK (HBUK), current HBUK employee and former SVB senior executive David Sabow and six former SVB employees.
4 minute read
July 11, 2024 | The American Lawyer

Foley & Lardner Opens North Carolina Office After Scooping Up Life Sciences Team From K&L Gates

Three new partners are joining the firm in Raleigh, Miami and Dallas.
3 minute read
July 11, 2024 | Law.com

Clifford Chance Adapts Associate Bonus System in US-Style Shift

The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture."
3 minute read
July 11, 2024 | The American Lawyer

Clifford Chance Adapts Associate Bonus System in US-Style Shift

The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture".
3 minute read

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