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February 02, 2024 | Litigation Daily

Litigators of the Week: Rolling Back Elon Musk's $56B Tesla Compensation Package

A team led by Greg Varallo and Jeroen van Kwawegen of Bernstein Litowitz Berger & Grossmann and David Tejtel of Friedman Oster & Tejtel secured a post-trial ruling from Delaware Chancellor Kathaleen McCormick finding that when it came to the Tesla CEO's pay package "Musk launched a self-driving process, recalibrating the speed and direction along the way as he saw fit."
10 minute read
February 02, 2024 | Delaware Business Court Insider

Plaintiff's Trial Team Discuss Rolling Back Elon Musk's $56B Tesla Compensation Package

A team led by Greg Varallo and Jeroen van Kwawegen of Bernstein Litowitz Berger & Grossmann and David Tejtel of Friedman Oster & Tejtel secured a post-trial ruling from Delaware Chancellor Kathaleen McCormick finding that when it came to the Tesla CEO's pay package "Musk launched a self-driving process, recalibrating the speed and direction along the way as he saw fit."
10 minute read
February 01, 2024 | Corporate Counsel

Why Progress on Law Firm Diversity Is 'Minimal at Best'

"I think what gets in the way is fear. If you're going to advance an interest like diversity in our profession, you have to have some courage," said Akshay Verma, a former legal ops chief at Meta and Coinbase.
13 minute read
January 30, 2024 | Delaware Business Court Insider

Tesla Shareholder Wins Challenge to Elon Musk's Tesla Comp Package

Chancellor Kathaleen McCormick concluded Musk was a controller of Tesla under Delaware law, putting the burden of entire fairness on his defense team from Cravath, Swain & Moore and Ross Aronstam & Moritz.
3 minute read
January 30, 2024 | Corporate Counsel

1 in 4 Organizations Are Banning Gen AI for Now, Fearing Risks

"The risks of AI are real, but they are manageable when thoughtful governance practices are in place as enablers, not obstacles, to responsible innovation," Cisco Chief Legal Officer Dev Stahlkopf said.
3 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2022 Authors: Gary L. Brown View this Book

View more book results for the query "Benchmark"

January 30, 2024 | New York Law Journal

Notable Code and Legal Developments in 2023

A discussion of the array of new laws and amendments to existing laws passed in 2023 which will impact developers and owners of real estate in New York. The article examines the most significant developments and identifies certain potential penalties for failure to comply.
6 minute read
January 29, 2024 | New York Law Journal

AI Has Opened Its Eyes

In this article, Katherine B. Forrest describes some of the academic papers and research regarding MLLMs before moving on to legal and other important issues that are similar between LLMs and MLLMs, those that are different but obvious improvements, and those that should cause us to watch developments in this area carefully.
9 minute read
Am. Precision Ammunition, L.L.C. v. City of Mineral Wells
Publication Date: 2024-01-29
Practice Area: Civil Appeals | Contractual Disputes | Tax
Industry:
Court: U.S. Court of Appeals for the Fifth Circuit
Judge: Circuit Judge Dennis
Attorneys:
For plaintiff:
For defendant:
Case number: 21-10558

The parties entered into a tax abatement agreement whereby appellee city promised to "gift" appellant $150,000 and provide ten years of tax abatements.

January 26, 2024 | The American Lawyer

Partner Comp Systems and Competitive Advantage: Lessons From the Kirkland, Cravath, and Paul Weiss Lateral-Hiring Wars

What makes comp systems so insidious is that they're so hard to change.
12 minute read
January 25, 2024 | Legaltech News

The Collaborative Division of Labor: Humans and AI in Legal Document Drafting

Balancing the division of responsibilities between human attorneys and AI in the legal document drafting process is complex. To successfully integrate AI into existing practices, a thorough understanding of AI's strengths and weaknesses is crucial, guiding the allocation of tasks between AI and human attorneys.
11 minute read

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