Davis Polk & Wardwell is adding Michael Diz, who was co-chair of the Debevoise & Plimpton’s mergers and acquisitions group. Diz joins as a partner in Davis Polk’s […]
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What’s Next After Fretful California Bar Exam?
In a classic anxiety dream come to life—thankfully with clothes on—about 5,600 law graduates were set to sit the February California Bar Exam, and faced technical problems like […]
Latham’s Revenue Surges to $7B, as PEP Eclipses $7M
Pointing to “robust and sustained demand” across practices and markets, Latham & Watkins surged 23% to reach $7 billion in gross revenue in 2024 and shot up nearly […]
To Avoid Trump’s Target, Law Firms Scrutinize Practices Amid Investigation Threats
There is no playbook for dodging the types of presidential actions that hit Covington & Burling and Perkins Coie recently. Instead, law firms are writing their strategies from […]
Slip-and-Fall Suit Against Target, Store Manager Sent to State Court, Federal Judge Rules
A slip-and-fall suit against Target and a store manager is headed back to state court after a federal judge in Illinois determined the store manager was properly named […]
‘No-Never,’ or ‘Yes-Always:’ Judge Weighs State, Federal Requirements for Punitive Damage Claim in Initial Complaint
A federal judge in Missouri recently rejected Valvoline’s attempts to apply state law requirements as to whether punitive damage claims can be included in a plaintiff’s initial complaint. […]
Lawsuits Claim Plaintiffs Firms Are ‘Weaponizing’ Mass Arbitration
Companies are pushing back against what they claim to be a “weaponization” of their arbitration agreements by plaintiffs firms. Three lawsuits targeting plaintiffs firms who file mass arbitrations […]
Lawyers Clamor for Action, but Firm Leaders Slow to Denounce Trump’s Assault on Perkins Coie
Big Law associates are talking about the Trump administration’s executive order targeting Perkins Coie on message boards. In-house counsel and Perkins Coie alumni are authoring LinkedIn posts declaring […]
Why Hourly Billing Won’t Go Away Until Legal Departments Demand It
For nearly a century, the billable hour has been the backbone of law firm economics. However, according to industry experts, that model is increasingly at odds with the […]
Artificial Intelligence in Corporate Compliance Programs: A Double-Edged Sword
As we have explained in prior articles, artificial intelligence (AI) promises to be a game-changing tool in many areas, including corporate compliance. As more companies deploy AI tools […]