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National Law Journal

As Nonequity Tiers Give Greater 'Compensation Flexibility,' Other Law Firms Will Likely Follow Wilmer

"There's a certain inevitability to it. These firms all need a mechanism for being able to increase the compensation of their highest performers," noted one recruiter.
5 minute read

Law.com

'Learn to Live in the Gray Area': Schools Across the Nation Face Patchwork Implementation of New Title IX Rules as School Year Begins

"There are certain things in the 2024 rule that, even if you are not adopting, the institution might still want to implement. Things like student training or employee training are needed to put yourself in the best position to defend against any potential Title IX actions. But it is still unclear, and I think we will have to learn to live in the gray area," said Scott Goldschmidt, a partner with Thompson Coburn in Washington, D.C.
4 minute read

National Law Journal

Wilmer Adds Nonequity Partnership Tier, Becoming Latest to Move to 2 Tiers

"Creating an income tier in the partnership gives us more flexibility to attract, promote, and retain the most sought-after talent in a very competitive market," said Wilmer's managing partner.
2 minute read

National Law Journal

Some Law Firms 'Bullish' a Trump Presidency Will Push M&A Activity, but Lawyers Aren't Sitting on Deals Now

"Crystal balls are a bit all over the place" when it comes to the election's impact on transactional work, noted one recruiter.
5 minute read

National Law Journal

2 Longtime Locke Lord Attorneys Jump to Sheppard Mullin Amid Merger Talks

Sheppard Mullin chair Luca Salvi said building out the firm's "destination practice in renewable energies is a strategic focus of our firm."
2 minute read

National Law Journal

Another Weil Partner Heads to Paul Hastings, as McGuireWoods Hires Former SEC Crypto Leader

Daniel Nicholas is at least the fourth Weil lawyer to join Paul Hastings in recent months.
3 minute read

National Law Journal

'Tacit Collusion'?: Verizon Slams Class Action Demanding $268B in Restitution

"The factual allegations are baseless, the legal claims are frivolous, and the damages figure is pure fantasy," a Verizon spokesperson said of the antitrust class action. "We are confident a court will see this complaint for what it is while Verizon customers continue to enjoy Wi-Fi calling and mobile data as features of their service plans."
3 minute read

National Law Journal

'Courts Do Get It Wrong': Legal Experts Discuss State-Law Certification Pros and Cons

"Certification sounds great in theory, but doesn't always work efficiently in practice," said Vikram David Amar, a professor of law at the University of California, Davis. "It doesn't always generate the clear answer that the federal court is looking for."
9 minute read

National Law Journal

A&O Shearman Power Regulatory Partner Jumps to Hogan Lovells 3 Months Post-Merger

Chip Cannon first joined legacy firm Allen & Overy in February 2022. His departure comes just three months after Shearman and A&O finalized their merger.
3 minute read

Corporate Counsel

FTC's Kroger-Albertsons Suit Premised on 'Fanciful' Definition of Grocery Market, Dissenting States Say

The Federal Trade Commission's lawsuit seeking to block the $24.6 billion merger presumes "that consumers are walled off from any other sources for groceries and have no alternative but to buy all their needs from either Kroger or Albertsons alone," according to an amicus brief filed Friday by Alabama, Georgia, Iowa and Ohio. 
4 minute read

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