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December 15, 2023 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Runners-up this week range from eight-figure plaintiff-side win in a retaliation case to the reversal of a nine-digit asbestos verdict.
4 minute read
December 12, 2023 | The American Lawyer

How Some Big Law Firms Can Afford Associate Salary Raises

Most of the law firms that have confirmed matches to the latest associate salary scale have PEP above $2 million a year and more than $1 dollars in gross revenue.
5 minute read
December 11, 2023 | Texas Lawyer

Susman Godfrey Smashes Market Bonus Scale, Paying Senior Associates More Than Triple

Finishing up a year when revenue will set a record, Susman Godfrey will pay 'special' bonuses to every employee at the trial firm.
3 minute read
Saba Capital CEF Opportunities 1 LLC v. Nuveen Floating Rate Income Fund
Publication Date: 2023-12-08
Practice Area: Securities Litigation
Industry: Investments and Investment Advisory
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Richard C. Wesley
Attorneys:
For plaintiff: For Plaintiffs-Appellees: Jacob W. Buchdahl, Susman Godfrey LLP, New York, NY, on the brief, Mark P. Musico, Susman Godfrey LLP, New York, NY.
For defendant: For Defendants-Appellants Nuveen Floating Rate Income Fund, Nuveen Floating Rate Income Opportunity Fund, Nuveen Short Duration Credit Opportunities Fund, Nuveen Global High Income Fund, and Nuveen Senior Income Fund: Parker Rider-Longmaid, Kyser Blakely, Skadden, Arps, Slate, Meagher & Flom LLP, Washington, DC; Scott Musoff, Boris Bershteyn, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY; Eben Colby, Emily Jennings, Skadden, Arps, Slate, Meagher & Flom LLP, Boston, MA, on the Brief, Shay Dvoretzky, Skadden, Arps, Slate, Meagher & Flom LLP, Washington, DC. For Defendants-Appellants Terence J. Toth, Jack B. Evans, William C. Hunter, Albin F. Moschner, John K. Nelson, Judith M. Stockdale, Carole E. Stone, Margaret L. Wolff, Robert L. Young, and Matthew Thornton III, in their capacity as Trustees of the Nuveen Trusts: Robert A. Skinner, Douglas Hallward-Driemeier, Amy D. Roy, Ropes & Gray LLP, Boston, MA. For Amicus Curiae The Investment Company Institute in Support of Defendants-Appellants: Susan Olson, Dorothy Donohue, Kenneth Fang, The Investment Company Institute, Washington, DC; Steven A. Engel, David A. Kotler, Michael H. McGinley, Dechert LLP, New York, NY. For Amicus Curiae Bulldog Investors, LLP in Support of Plaintiffs-Appellees: Aaron T. Morris, Andrew W. Robertson, Morris Kandinov LLP, New York, NY.
Case number: 22-407

Firm's Bylaws Amendment Violates ICA as Restriction on Shareholders, Not on Shares

December 07, 2023 | Texas Lawyer

Texas Lawyer's Top Attorneys Under 40

"Rising Stars" identifies lawyers under the age of 40 who are experts in their fields and have made an impact in the legal world.
7 minute read
December 07, 2023 | Litigation Daily

Why Elite Trial Firms Compete in the Associate Salary and Bonus Game

A whole host of trial-centric firms have met or exceeded the Big Law scale set by Cravath, Swaine & Moore. Here's a look at how and why.
4 minute read
December 05, 2023 | New York Law Journal

Bestselling Authors' Lawsuit Against OpenAI Adds Microsoft as Defendant

But Morrison & Foerster partner Joseph Gratz, who represents OpenAI alongside a team from Latham & Watkins, argued that the New York and California classes "overlap entirely."
2 minute read
November 22, 2023 | New York Law Journal

'Nothing Less Than Rampant Theft': OpenAI, Microsoft Sued Over Copyright Claims

"OpenAI and Microsoft have built a business valued into the tens of billions of dollars by taking the combined works of humanity without permission," reads the proposed class action filed on behalf of nonfiction author Julian Sancton.
3 minute read
November 16, 2023 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.
6 minute read
November 16, 2023 | Pro Mid Market

Mid-Market Roundup: Office Return Still Faces Impediments; Innovation Recognized By Regional Awards

Philadelphia firms navigate safety concerns; Southeastern law firms continue to make new hires; and Texas and California awards recognize midsize firms.
8 minute read

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