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March 27, 2024 | New York Law Journal

Subject-Matter Jurisdiction

In 'Behrens v. JPMorgan Chase Bank N.A.', the Second Circuit addressed a question of first impression in the circuit: whether a district court is required to exercise subject-matter jurisdiction where it exists, even if it is invoked belatedly.
8 minute read
March 27, 2024 | Legaltech News

General Counsel Who Don't Embrace Artificial Intelligence Will Eventually Be Replaced

AI technology and its adoption is moving at light speed. General counsel who ignore the benefits of AI or avoid the use of AI in their legal operations will be left behind and their legal departments will suffer.
5 minute read
March 27, 2024 | The American Lawyer

Law Firms Paid More for Less Space in 2023 as Downsizing Trend Continues

Prices per square foot went up nearly 5% in 2023 as law firm leasing activity peaked in Q4.
3 minute read
March 27, 2024 | Delaware Business Court Insider

Chancery Dismisses Suit Against Walgreens Directors, Rejecting 'Reflexively Filed' 'Caremark' Claims

"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
March 27, 2024 | Corporate Counsel

John Deere's GC Stepping Aside After a Prosperous but Quiet Quarter-Century With Farm-Equipment Giant

Since Mary Jones took the legal reins in January 2013, the company has avoided major legal potholes, and its stock has risen more than four-fold.
3 minute read
March 27, 2024 | Litigation Daily

Even When Witnesses Don't Tell You They're Panicking, They're Panicking

Allison Rocker of Baker McKenzie says that's especially true in "document-heavy" cases with tons of exhibits.
4 minute read
March 27, 2024 | Supreme Court Brief

Questions About Standing, Nationwide Injunctions Dominate Mifepristone Hearing

"It's speculative that any of those women would seek care from the two specific doctors who asserted conscience injuries," U.S. Solicitor General Elizabeth Prelogar said in challenging the anti-abortion group's standing.
7 minute read
March 27, 2024 | Legaltech News

International Law Firm CMS Joins the Harvey Brigade—Announces 'Phased' Rollout Across Member Firms

Other firms to have entered into partnerships with Harvey, which is backed by the OpenAI Startup Fund, include Allen & Overy, Macfarlanes, and UAE-based Al Tamimi & Co.
2 minute read
March 27, 2024 | The American Lawyer

The Am Law 200 Stepped Up Their Use of Litigation Funding Last Year

Even as third-party funders deployed less capital in the 12-month period ending June 30 owing to unfavorable macroeconomic conditions, the largest firms in the country saw their capital commitments rise, both in absolute and relative terms.
4 minute read

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