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March 04, 2024 | The American Lawyer

Morrison Cohen Adopted New Comp System, Even as Leaders Expected It Could Make Some Partners 'Uncomfortable'

The midsize New York firm's compensation system moved away from an 'eat-what-you-kill' system to criteria that still includes origination, but also at overall financial performance and workload, and "qualitative factors" such as corporate citizenship, collaboration, and efforts toward institutionalization of clients.
5 minute read
February 29, 2024 | National Law Journal

SEC Schedules Wednesday Vote on Climate Disclosure Rule Amid Staunch Opposition

Twenty law and finance professors sent the SEC a letter expressing their view that "the true agenda for the rule [is] to pressure companies to adopt certain climate policies, rather than to inform the market."
5 minute read
February 29, 2024 | Law.com

'Ahead of the Curve': Dissecting the ABA's Current and Proposed Diversity Standard

It seems that what Standard 206 might end up looking like and what fallout might result from it will be a long and arduous process.
6 minute read
February 29, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
146 minute read
February 28, 2024 | The Legal Intelligencer

Pa. High Court Cleared Up a Big Strict Products Liability Law Question in 'Sullivan'

As a result of the court's ruling, defense attorneys will continue to be barred from introducing evidence of compliance with industry or government standards—not for lack of effort—and plaintiffs lawyers will be able to sharpen their arguments to focus on whether a product was defectively designed, without any fear of notions of "compliance" muddying the jury's focus at trial.
8 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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February 27, 2024 | Law.com

Opioid Judge Has Concerns About Motley Rice: 'I Can't Understand Why You Don't See That'

U.S. District Judge Dan Polster, who is weighing a disqualification motion in the opioid multidistrict litigation, raised concerns this month about Motley Rice obtaining confidential information while representing the state of Hawaii, the District of Columbia and the city of Chicago in other cases.
6 minute read
February 27, 2024 | The American Lawyer

Inquest Into Pinsent Masons Partner's Death Spotlights Intense Work Life

Vanessa Ford's death in 2023 occurred following an 'acute mental health crisis,' a coroner's inquest ruled.
6 minute read
February 27, 2024 | New York Law Journal

'The Resource Group International v. Chishti'

In 'The Resource Group International v. Chishti', the Second Circuit considered the propriety of a pending arbitration and whether being improperly forced to arbitrate can satisfy the requirements for a preliminary injunction. It vacated and remanded the district court's order denying a motion for preliminary injunction that would have stayed the arbitration.
8 minute read
February 26, 2024 | The American Lawyer

Ex-Partner Sues Thompson Hine Over 'Toxic Boys Club Locker Room' Environment in NYC

Rebecca Brazzano accused former vice chair of litigation Richard DePalma of behaving inappropriately toward her and other female colleagues at the firm.
8 minute read
February 26, 2024 | The American Lawyer

Has Big Law Finally Returned to a Point of 'Normalcy'?

"For the first time in years, firms don't seem to be harried by the tumultuous rollercoaster of events seen thus far during the 2020s," according to a legal industry report this month.
6 minute read

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