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WHAT WE’RE WATCHING
BIG LAW, BIG MONEY - Financial data for 2018 is beginning to come in for Am Law 100 and and Am Law 200 firms, and the expectation is that the numbers will prove the highest in more than a decade, with demand robust and billing rates strong. Law.com affiliate The American Lawyer, which will reveal all the results in its May and June issues, is keeping a running tally.
STRIKING BACK - President Trump’s declaration on Friday of a national emergency to build a wall on the U.S.-Mexico border propelled several groups to say they’ll sue the administration over what they’ve decried as an end-run around the Constitution. Ellis Kim reports that, broadly, the groups argue that Trump has unlawfully redirected appropriated funds away from other federal programs, and that the declaration of an “emergency” was not justified. Among those geared for battle: The ACLU, California Attorney General Xavier Becerra, New York Attorney General Letitia James, and Protect Democracy on behalf El Paso County, Texas.
WHILE YOU WERE SLEEPING
SEOUL PRACTITIONERS - Arnold & Porter Kaye Scholer has opened an office in South Korea, becoming one of about 30 foreign law firms with a presence in Seoul. John Kang reports that litigation partner James Lee, who has been based in Los Angeles since joining Arnold & Porter in December, will lead the office. The firm’s move into the market follows that of Shearman & Sterling, which opened a Seoul office in November.
WHAT YOU SAID
“Geography just matters less and less.”
— JOHN MARTIN, A PALO ALTO-BASED PARTNER AT BAKER BOTTS, WHO IS INCOMING MANAGING PARTNER OF THE 179-YEAR-OLD TEXAS LAW FIRM.
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