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Revenue Up at V&E, Following Record Year, With Strong Demand in Infrastructure, Litigation
While revenue improved by 2.5% at Vinson & Elkins in 2022, profits dropped by 3.3% as work in some practices was impacted by economic factors.
State Senate Seeks to Fast-Track Curbs to China Land Purchases
"This bill protects, strategically speaking, our land and to make sure … we aren't dependent on other countries for agriculture," bill sponsor Sen. Jay Collins said.
Lawyers Ask NY's Highest Court to Set Curbs on Companies That Buy Settlements
The lawyers allege Transamerica failed to disclose an anti-assignment clause in the settlement agreement that prohibited their client from ever having the power to transfer his payments—a provision intended to guarantee his long-term economic security, along with protecting taxpayers from the possibility he could become dependent on public assistance.
Claims-Made Settlements Are More Common Than You Think
Class action lawsuits are usually resolved with one of two settlement structures: a common-fund settlement or a claims-made settlement. A simple way to think about the difference between the two is that the former is for a fixed amount while the cost of the latter is variable.
Cybersecurity Insurance Issues
In his Cyber Crime column, Peter Crusco discusses recent case law compared to earlier law and how these decisions demonstrate that "although the technology has changed, contract law has remained stable and appropriate to respond to the new developments in cybersecurity insurance."
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Pollution Exclusion 101: An Introduction
This article is an updated discussion of the pollution exclusion in the CGL form, referencing some court cases pertaining to the exclusion.
China's Spy Balloon and International Law: The Need for Strategic Stability
David Lenefsky offers his take on the Chinese spy balloon incident and the "essential requirement of strategic stability."
Cleary's Major London Lateral Moves Were Part of Its Global Strategy
Cleary Gottlieb added four partners within eight weeks in London after a dearth of lateral additions. How—and why—did it manage it?Cosmopolitan Shipping Co. v. Cont'l Ins. Co.
The judges of the Second Circuit Court of Appeals affirmed a district court decision that though the existence of a missing policy was proven, it did not mean the missing policy afforded coverage for an underlying settlement.Shaken and Stirred, But No Coverage Found for Cosmopolitan's Asbestos Settlement
Though the court agreed Cosmopolitan had proven the policy's existence, they had not proved its terms.TRENDING STORIES
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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