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May 22, 2024 | The American Lawyer

Are Law Firms Headed for an Era of Rapid Staff Turnover?

"Whether it's due to redundancies, retirement or switching firms, support staff turnover seems to be fixed at a high rate for the foreseeable [future]," a recent report concluded.
6 minute read
May 22, 2024 | The American Lawyer

Once 'Unheard Of,' $20M Partner Pay Becomes Standard to Meet at Davis Polk, Simpson Thacher

"The market is the reality and you have to live in that reality. You can't have your head in the sand," said industry expert Peter Zeughauser.
5 minute read
May 21, 2024 | The Recorder

Collectible Maker Funko Wins Motion to Dismiss Securities Class Action

Funko's forward-looking statements fell under a "safe harbor" provision and were therefore not actionable as securities fraud, a Seattle federal judge said. The decision was a win for a team from Latham & Watkins.
3 minute read
May 21, 2024 | New York Law Journal

Hilton and Manhattan Real Estate Developer Hit With $30M in Punitive Damages in Long Running Personal Injury Case

Jurors agreed on punitive damages for Hilton and Moinian Group based in part on a spoliation finding issued against the defendants by U.S. District Judge Edgardo Ramos of the Southern District of New York prior to the trial.
4 minute read
May 21, 2024 | National Law Journal

DC Circuit Sides With Manufacturers in '340B' Drug Discount Dispute

"[W]e cannot plausibly interpret statutory silence to subject manufacturers to whatever delivery conditions any covered entity might find most convenient," Judge Gregory Katsas wrote for the appeals court.
4 minute read
Law Journal Press | Digital Book Pennsylvania Commonwealth Court Rules 2024 Authors: View this Book

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May 21, 2024 | The American Lawyer

Death by a Thousand Cuts: Should Big Law Still Invest in Asia?

Some firms in Asia see lingering uncertainty and bad news as a sign that it's time to cut and run. But law firms cannot tout a global offering without having a presence in Asia, writes Jessica Seah in the Asia Legal Briefing.
7 minute read
May 21, 2024 | National Law Journal

Latham and Arnold & Porter Build Health Care Regulatory Teams

A conflict at Paul Hastings contributed to Eva Temkin's move to Arnold & Porter, while Latham has lured two partners from Skadden.
4 minute read
May 20, 2024 | Law.com

Death by a Thousand Cuts: Should Big Law Still Invest in Asia?

Some firms in Asia see lingering uncertainty and bad news as a sign that it's time to cut and run. But law firms cannot tout a global offering without having a presence in Asia, writes Jessica Seah in the Asia Legal Briefing.
7 minute read
May 20, 2024 | The American Lawyer

Big Law Seeks to Maintain M&A Momentum With Lateral Market Maneuvers

Firms such as Paul Weiss, Sullivan & Cromwell, Akin, K&L Gates and Seyfarth all announced lateral M&A partners in the last week.
5 minute read
May 20, 2024 | The American Lawyer

Deal Watch: Big Week in Deals as Creative Dealmaking Merges With More Activity

"Each of our clients is getting more inbound phone calls from firms looking to work with them than they did three or four years ago," noted Ben Beerle, a corporate partner with Cooley who handles mergers and acquisitions.
11 minute read

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