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March 21, 2024 | Legaltech News

Wash, Fine, Repeat? SEC Enters Fray of Agencies Monitoring Companies' AI Use

The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
6 minute read
March 21, 2024 | The American Lawyer

At Morrison & Foerster, Reduced Overhead and Steady Demand Led to 19% Profitability Gain

Strong performances in litigation, middle-market M&A and bankruptcy practices propelled the firm to a 6.2% increase in gross revenue.
6 minute read
March 21, 2024 | Corporate Counsel

DOJ Files Antitrust Lawsuit Against Apple, Escalating War on Big Tech

"We allege that Apple has maintained monopoly power in the smartphone market, not simply by staying ahead of the competition on the merits, but by violating federal antitrust law," Attorney General Merrick Garland said Thursday.
3 minute read
March 21, 2024 | The American Lawyer

At Goodwin, Growth Investments Scuttle Profits While Revenue Ticked Up

Despite a higher head count in 2023, Goodwin said it did not plan on any force reductions in 2024.
5 minute read
March 20, 2024 | The Recorder

US Senate Confirms Eumi Lee to California's Northern District Bench

Lee, an Alameda County Superior Court judge for more than four years, fills the vacancy created when Judge William Orrick III took senior status in May.
3 minute read
March 20, 2024 | The Recorder

Hermès Accused of Unlawfully Tying Purchase of Birkin Bags to Other Luxury Items

This complaint was first surfaced by Law.com Radar.
4 minute read
March 20, 2024 | The Recorder

Lewis Brisbois Sued by Chinese Investors Over $92.5M Investment Loss

A group of 185 Chinese limited partners who put money into a $2.5 billion redevelopment project in Century City, Los Angeles, say the firm's "failure to exercise a modicum of diligence" helped cost them their entire stake.
4 minute read
March 20, 2024 | Law.com

Future-Proofing the Legal Team in the New AI World

Join this webcast on the transformative potential of GenAI for contract management.
3 minute read
March 20, 2024 | The Recorder

Stanford Law School Names New Dean

"His integrity, wealth of experience at Stanford and collaborative style of leadership will greatly benefit the students, faculty and staff of the law school, as well as Stanford's senior leadership team," said Stanford provost and former law dean Jenny Martinez.
4 minute read
March 20, 2024 | International Edition

Revenue Up 6.2% at Orrick, But Profits Grew by Much More

Orrick Chair Mitch Zuklie said that internationally, performance from the firm's London office was strong. He also said the firm started seeing a meaningful amount of cross-border work coming from China, where the firm has offices in Beijing and Shanghai.
5 minute read